Walnut, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Walnut Neighborhoods Since 2000




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 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

Walnut Housing Market Information

With a population of 30,237, 8,753 total housing units (homes and apartments), and a median house value of $735,302, 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 85.29% of Walnut's homes, and 81.50% 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 ( 16.83%). A lesser amount of the housing stock also hails from between 2000 and later ( 6.65%).

Walnut Home Appreciation Rates

Appreciation rates for homes in Walnut have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 12.51%, which ranks in the top 30% nationwide. This equates to an annual average Walnut house appreciation rate of 1.19%.

NeighborhoodScout's data show that during the latest twelve months, Walnut's appreciation rate, at 3.87%, has been at or slightly above the national average. In the latest quarter, Walnut's appreciation rate has been 1.99%, which annualizes to a rate of 8.20%.

Importantly, this makes Walnut 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 Walnut's latest annual appreciation rate is lower than 90% 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:
$735,302

Walnut, CA HOME PRICES

Value Range
> $1,237,000 12.0
$928,001 - $1,237,000 16.1
$618,001 - $928,000 51.5
$495,001 - $618,000 11.1
$371,001 - $495,000 4.6
$247,001 - $371,000 1.4
$124,001 - $247,000 1.0
$62,001 - $124,000 1.2
$0 - $62,000 1.0

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
2.39071838743701 21.8253968253968

Number Of Homes And Apartments:
8,753

Walnut 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
145.70% 5.35% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,001 / per month

Homeownership Rate

Homeownership
Owners 85.29
Renters 14.71
Vacant 5.18

Housing Market Details

 

Age of Homes

AGE OF Walnut HOMES
2000 or Newer 6.7
1970 - 1999 75.7
1940 - 1969 16.8
1939 or Older 0.8

Types of Homes

TYPE OF Walnut HOMES
Single-Family 95.2
Townhomes 2.0
Small Apt. Buildings 0.6
Apt. Complexes 2.2
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Walnut HOMES
No Bedroom 0.27
1 Bedroom 0.71
2 Bedrooms 4.19
3 Bedrooms 34.02
4 Bedrooms 47.48
5 or more bedrooms 13.32