Wasco, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Wasco Neighborhoods Since 2000




Wasco, CA Real Estate Data


Wasco Housing Market Information

With a population of 26,279, 5,264 total housing units (homes and apartments), and a median house value of $157,882, Wasco real estate values are some of the lowest in California, although compared to real estate around the nation, Wasco homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Wasco, accounting for 71.44% of the city's housing units. Other types of housing that are prevalent in Wasco include duplexes, homes converted to apartments or other small apartment buildings ( 11.38%), large apartment complexes or high rise apartments ( 10.33%), and a few mobile homes or trailers ( 3.68%).

The most prevalent building size and type in Wasco are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 39.48% owning and 60.52% renting.

There is a lot of housing in Wasco 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 Wasco built between 1940-1969 ( 28.77%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.31%). There's also some housing in Wasco built before 1939 ( 6.39%).

Wasco Home Appreciation Rates

Homes have actually lost value in Wasco over the last then years, as home values have seen a decline of 33.78% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Wasco home appreciation rates at -0.28%, which equates to an annual appreciation rate of -1.11%.

Over the last year, Wasco appreciation rates have trailed the rest of the nation. In the last twelve months, Wasco's appreciation rate has been 1.88%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wasco were at -0.28%, which equates to an annual appreciation rate of -1.11%.

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

Relative to California, our data show that Wasco's latest annual appreciation rate is lower than 90% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$157,882

Wasco, CA HOME PRICES

Value Range
> $1,297,000 0.3
$972,001 - $1,297,000 0.2
$648,001 - $972,000 0.5
$519,001 - $648,000 0.3
$389,001 - $519,000 1.7
$259,001 - $389,000 5.6
$129,001 - $259,000 60.0
$65,001 - $129,000 25.4
$0 - $65,000 6.1

Very Low for CA
Average for Nation

Value Relative to Nation Value Relative to State
47.5142003864847 94.8480845442536

Number Of Homes And Apartments:
5,264

Rent & Ownership

 

Average Market Rent:
$814 / per month

Homeownership Rate

Homeownership
Owners 39.48
Renters 60.52
Vacant 6.86

Housing Market Details

 

Age of Homes

AGE OF Wasco HOMES
2000 or Newer 20.3
1970 - 1999 44.5
1940 - 1969 28.8
1939 or Older 6.4

Types of Homes

TYPE OF Wasco HOMES
Single-Family 71.4
Townhomes 3.2
Small Apt. Buildings 11.4
Apt. Complexes 10.3
Mobile Homes 3.7
Other 0.0

Home Size

SIZE OF Wasco HOMES
No Bedroom 1.56
1 Bedroom 10.88
2 Bedrooms 25.64
3 Bedrooms 49.12
4 Bedrooms 11.94
5 or more bedrooms 0.87

Wasco Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
70.93% 3.20% 4 9
* 10 is highest