Walnut CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Walnut, 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 Q3 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

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

Walnut Housing Market Information

With a population of 30,006, 9,081 total housing units (homes and apartments), and a median house value of $735,670, real estate costs in Walnut are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Walnut is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Walnut than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Walnut. Owner-occupied housing accounts for 83.78% of Walnut's homes, and 82.15% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Walnut 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 Walnut built between 1940-1969 ( 18.96%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.18%). There's also some housing in Walnut built before 1939 ( 1.21%).

Walnut Home Appreciation Rates

In the last 10 years, Walnut has experienced some of the highest home appreciation rates of any community in the nation. Walnut real estate appreciated 55.48% over the last ten years, which is an average annual home appreciation rate of 4.51%, putting Walnut in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Walnut definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Walnut appreciation rates have trailed the rest of the nation. In the last twelve months, Walnut's appreciation rate has been 1.17%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Walnut were at 0.75%, which equates to an annual appreciation rate of 3.05%.

Notably, Walnut's appreciation rate in the latest quarter is one of the lowest in America.

Relative to California, our data show that Walnut's latest annual appreciation rate is lower than 70% 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 Walnut differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Walnut - 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 Walnut real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$735,670

Walnut, CA HOME PRICES

Value Range
> $1,167,000 17.1
$875,001 - $1,167,000 23.2
$583,001 - $875,000 46.1
$467,001 - $583,000 7.6
$350,001 - $467,000 2.2
$234,001 - $350,000 1.3
$117,001 - $234,000 0.6
$58,001 - $117,000 0.8
$0 - $58,000 1.0

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
2.90802919708029 24.7706422018349

Number Of Homes And Apartments:
9,081

Walnut Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2019 Q2 - 2019 Q3
Last 12 Months:
2018 Q3 - 2019 Q3
Last 2 Years:
2017 Q3 - 2019 Q3
Last 5 Years:
2014 Q3 - 2019 Q3
Last 10 Years:
2009 Q3 - 2019 Q3
Since 2000:
2000 Q1 - 2019 Q3
161.37% 4.98%
9
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,221 / per month

Homeownership Rate

Homeownership
Owners 83.78
Renters 16.22
Vacant 4.77

Housing Market Details

 

Age of Homes

AGE OF Walnut HOMES
2000 or Newer 7.2
1970 - 1999 72.7
1940 - 1969 19.0
1939 or Older 1.2

Types of Homes

TYPE OF Walnut HOMES
Single-Family 94.1
Townhomes 1.6
Small Apt. Buildings 1.2
Apt. Complexes 2.6
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Walnut HOMES
No Bedroom 0.16
1 Bedroom 0.78
2 Bedrooms 5.21
3 Bedrooms 34.46
4 Bedrooms 47.69
5 or more bedrooms 11.70