Willows, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Willows Neighborhoods Since 2000




Willows, 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

Willows Housing Market Information

With a population of 6,069, 2,217 total housing units (homes and apartments), and a median house value of $254,044, Willows real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Willows, accounting for 72.63% of the city's housing units. Other types of housing that are prevalent in Willows include duplexes, homes converted to apartments or other small apartment buildings ( 11.24%), large apartment complexes or high rise apartments ( 11.20%), and a few row houses and other attached homes ( 4.48%).

People in Willows primarily live in small (one, two or no bedroom) single-family detached homes. Willows has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Willows's housing was primarily built during this period, from the '40s through the '60s. A full 44.20% of the city's housing hails from this era. Other housing ages represented in Willows include homes built between 1970-1999 ( 34.91%) and housing constructed before 1939 ( 13.56%). There's also some housing in Willows built between 2000 and later ( 7.33%).

Willows Home Appreciation Rates

Homes have actually lost value in Willows over the last then years, as home values have seen a decline of 22.88% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Willows home appreciation rates at 1.71%, which equates to an annual appreciation rate of 7.00%.

Appreciation rates are so strong in Willows that despite a nationwide downturn in the housing market, Willows real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Willows appreciation rates continue to be some of the highest in America, at 9.20%, which is higher than appreciation rates in 91.36% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Willows. Willows appreciation rates in the latest quarter were at 1.71%, which equates to an annual appreciation rate of 7.00%.

Importantly, this makes Willows 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 Willows's latest annual appreciation rate is higher than 70% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$254,044

Willows, CA HOME PRICES

Value Range
> $1,302,000 1.6
$976,001 - $1,302,000 0.0
$651,001 - $976,000 1.3
$521,001 - $651,000 1.5
$391,001 - $521,000 15.5
$260,001 - $391,000 21.8
$130,001 - $260,000 43.7
$65,001 - $130,000 12.3
$0 - $65,000 2.3

Low for CA
High for Nation

Value Relative to Nation Value Relative to State
21.9090589476151 75.5291005291005

Number Of Homes And Apartments:
2,217

Willows 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
71.23% 3.17% 3 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$905 / per month

Homeownership Rate

Homeownership
Owners 46.97
Renters 53.03
Vacant 9.69

Housing Market Details

 

Age of Homes

AGE OF Willows HOMES
2000 or Newer 7.3
1970 - 1999 34.9
1940 - 1969 44.2
1939 or Older 13.6

Types of Homes

TYPE OF Willows HOMES
Single-Family 72.6
Townhomes 4.5
Small Apt. Buildings 11.2
Apt. Complexes 11.2
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Willows HOMES
No Bedroom 1.55
1 Bedroom 18.70
2 Bedrooms 27.74
3 Bedrooms 37.23
4 Bedrooms 10.51
5 or more bedrooms 4.28

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Zip Codes in Willows, CA