Walnut, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Walnut, CA Real Estate Data


Walnut Housing Market Information

With 30,237 people, 8,753 houses or apartments, and a median cost of homes of $720,813, 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 9.48%, which ranks in the top 40% nationwide. This equates to an annual average Walnut house appreciation rate of 0.91%.

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 2.08%, 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 0.59%, which equates to an annual appreciation rate of 2.39%.

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:
$720,813

Walnut, CA HOME PRICES

Value Range
> $1,212,000 8.5
$909,001 - $1,212,000 16.1
$606,001 - $909,000 51.5
$485,001 - $606,000 11.1
$364,001 - $485,000 4.6
$242,001 - $364,000 1.4
$121,001 - $242,000 1.0
$61,001 - $121,000 1.2
$0 - $61,000 1.0

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
2.43759521856323 21.8253968253968

Number Of Homes And Apartments:
8,753

Rent & Ownership

 

Average Market Rent:
$2,798 / 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

Walnut Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
140.97% 5.23% 10 10
* 10 is highest