Visalia, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Visalia Neighborhoods Since 2000




Visalia, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Visalia Housing Market Information

With a population of 130,104, 41,730 total housing units (homes and apartments), and a median house value of $225,353, Visalia real estate values are some of the lowest in California, although compared to real estate around the nation, Visalia homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Visalia, accounting for 75.07% of the city's housing units. Other types of housing that are prevalent in Visalia include duplexes, homes converted to apartments or other small apartment buildings ( 10.38%), large apartment complexes or high rise apartments ( 7.96%), and a few row houses and other attached homes ( 3.56%).

The most prevalent building size and type in Visalia are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.58% owning and 41.42% renting.

There is a lot of housing in Visalia built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Visalia built between 2000 and later ( 25.04%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.87%). There's also some housing in Visalia built before 1939 ( 2.64%).

Visalia Home Appreciation Rates

Homes have actually lost value in Visalia over the last then years, as home values have seen a decline of 23.03% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Visalia home appreciation rates at 2.63%, which equates to an annual appreciation rate of 10.94%.

NeighborhoodScout's data show that during the latest twelve months, Visalia's appreciation rate, at 5.28%, has been at or slightly above the national average. In the latest quarter, Visalia's appreciation rate has been 2.63%, which annualizes to a rate of 10.94%.

Importantly, this makes Visalia one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to California, our data show that Visalia's latest annual appreciation rate is lower than 80% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Visalia differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Visalia - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Visalia real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$225,353

Visalia, CA HOME PRICES

Value Range
> $1,289,000 0.6
$967,001 - $1,289,000 1.3
$644,001 - $967,000 3.3
$516,001 - $644,000 2.3
$387,001 - $516,000 7.0
$258,001 - $387,000 22.2
$129,001 - $258,000 44.8
$64,001 - $129,000 12.9
$0 - $64,000 5.6

Very Low for CA
High for Nation

Value Relative to Nation Value Relative to State
26.7315129497246 81.8783068783069

Number Of Homes And Apartments:
41,730

Visalia Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
62.29% 2.85% 2 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,426 / per month

Homeownership Rate

Homeownership
Owners 58.58
Renters 41.42
Vacant 6.08

Housing Market Details

 

Age of Homes

AGE OF Visalia HOMES
2000 or Newer 25.0
1970 - 1999 50.5
1940 - 1969 21.9
1939 or Older 2.6

Types of Homes

TYPE OF Visalia HOMES
Single-Family 75.1
Townhomes 3.6
Small Apt. Buildings 10.4
Apt. Complexes 8.0
Mobile Homes 3.0
Other 0.0

Home Size

SIZE OF Visalia HOMES
No Bedroom 1.70
1 Bedroom 5.11
2 Bedrooms 23.33
3 Bedrooms 49.23
4 Bedrooms 17.87
5 or more bedrooms 2.76