Winchester, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Winchester Neighborhoods Since 2000




Winchester, CA Real Estate Data


Winchester Housing Market Information

With 2,716 people, 762 houses or apartments, and a median cost of homes of $413,107, real estate costs in Winchester 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.

Mobile homes or trailers are the single most common housing type in Winchester, accounting for 54.59% of the town's housing units. Other types of housing that are prevalent in Winchester include single-family detached homes ( 43.24%).

Dwellings in Winchester tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 49.15% of the homes in Winchester have two or fewer bedrooms.

There is a lot of housing in Winchester 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 Winchester built between 1940-1969 ( 22.34%). A lesser amount of the housing stock also hails from between 2000 and later ( 6.16%).

Winchester Home Appreciation Rates

Winchester's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Winchester during the period has been just -1.99%, which is lower than 80% of US communities.

Appreciation rates are so strong in Winchester that despite a nationwide downturn in the housing market, Winchester real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Winchester appreciation rates continue to be some of the highest in America, at 9.49%, which is higher than appreciation rates in 91.69% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Winchester. Winchester appreciation rates in the latest quarter were at 2.61%, which equates to an annual appreciation rate of 10.87%.

Importantly, this makes Winchester one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to California, our data show that Winchester's latest annual appreciation rate is higher than 80% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$413,107

Winchester, CA HOME PRICES

Value Range
> $1,432,000 0.2
$1,074,001 - $1,432,000 1.5
$716,001 - $1,074,000 1.5
$573,001 - $716,000 6.1
$430,001 - $573,000 27.6
$286,001 - $430,000 24.4
$143,001 - $286,000 16.0
$72,001 - $143,000 15.3
$0 - $72,000 7.4

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
8.63705613500527 50.7936507936508

Number Of Homes And Apartments:
762

Rent & Ownership

 

Average Market Rent:
$2,042 / per month

Homeownership Rate

Homeownership
Owners 83.99
Renters 16.01
Vacant 7.97

Housing Market Details

 

Age of Homes

AGE OF Winchester HOMES
2000 or Newer 6.2
1970 - 1999 71.5
1940 - 1969 22.3
1939 or Older 0.0

Types of Homes

TYPE OF Winchester HOMES
Single-Family 43.2
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 54.6
Other 2.2

Home Size

SIZE OF Winchester HOMES
No Bedroom 3.74
1 Bedroom 20.53
2 Bedrooms 24.88
3 Bedrooms 27.66
4 Bedrooms 8.45
5 or more bedrooms 14.73

Winchester 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
81.50% 3.52% 5 9
* 10 is highest

Popular Neighborhoods in Winchester

Zip Codes in Winchester, CA