Waterford, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Waterford Neighborhoods Since 2000




Waterford, 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

Waterford Housing Market Information

With a population of 8,824, 2,354 total housing units (homes and apartments), and a median house value of $368,610, real estate costs in Waterford 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.

Single-family detached homes are the single most common housing type in Waterford, accounting for 85.39% of the city's housing units. Other types of housing that are prevalent in Waterford include duplexes, homes converted to apartments or other small apartment buildings ( 8.95%), large apartment complexes or high rise apartments ( 3.30%), and a few mobile homes or trailers ( 1.22%).

The most prevalent building size and type in Waterford are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.57% owning and 37.43% renting.

There is a lot of housing in Waterford 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 Waterford built between 2000 and later ( 24.62%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.47%). There's also some housing in Waterford built before 1939 ( 4.07%).

Waterford Home Appreciation Rates

Homes have actually lost value in Waterford over the last then years, as home values have seen a decline of 23.83% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Waterford home appreciation rates at 1.84%, which equates to an annual appreciation rate of 7.58%.

Appreciation rates are so strong in Waterford that despite a nationwide downturn in the housing market, Waterford real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Waterford appreciation rates continue to be some of the highest in America, at 14.07%, which is higher than appreciation rates in 99.06% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Waterford. Waterford appreciation rates in the latest quarter were at 1.84%, which equates to an annual appreciation rate of 7.58%.

Importantly, this makes Waterford 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 Waterford's latest annual appreciation rate is higher than 90% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$368,610

Waterford, CA HOME PRICES

Value Range
> $1,582,000 2.8
$1,187,001 - $1,582,000 0.7
$791,001 - $1,187,000 7.4
$633,001 - $791,000 5.5
$475,001 - $633,000 8.7
$316,001 - $475,000 19.9
$158,001 - $316,000 38.6
$79,001 - $158,000 12.1
$0 - $79,000 4.5

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
10.9633188796437 57.5396825396825

Number Of Homes And Apartments:
2,354

Waterford 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
71.98% 3.19% 3 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,263 / per month

Homeownership Rate

Homeownership
Owners 62.57
Renters 37.43
Vacant 4.19

Housing Market Details

 

Age of Homes

AGE OF Waterford HOMES
2000 or Newer 24.6
1970 - 1999 57.8
1940 - 1969 13.5
1939 or Older 4.1

Types of Homes

TYPE OF Waterford HOMES
Single-Family 85.4
Townhomes 0.9
Small Apt. Buildings 9.0
Apt. Complexes 3.3
Mobile Homes 1.2
Other 0.3

Home Size

SIZE OF Waterford HOMES
No Bedroom 1.10
1 Bedroom 3.26
2 Bedrooms 17.58
3 Bedrooms 57.59
4 Bedrooms 16.08
5 or more bedrooms 4.40

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Zip Codes in Waterford, CA