Woodlake, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Woodlake Neighborhoods Since 2000




Woodlake, 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

Woodlake Housing Market Information

With 7,654 people, 2,124 houses or apartments, and a median cost of homes of $152,456, Woodlake real estate values are some of the lowest in California, although compared to real estate around the nation, Woodlake homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Woodlake, accounting for 74.38% of the city's housing units. Other types of housing that are prevalent in Woodlake include large apartment complexes or high rise apartments ( 13.12%), duplexes, homes converted to apartments or other small apartment buildings ( 7.17%), and a few row houses and other attached homes ( 3.49%).

The most prevalent building size and type in Woodlake are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.95% owning and 39.05% renting.

There is a lot of housing in Woodlake 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 Woodlake built between 1940-1969 ( 33.99%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.63%). There's also some housing in Woodlake built before 1939 ( 3.18%).

Woodlake Home Appreciation Rates

Homes have actually lost value in Woodlake over the last then years, as home values have seen a decline of 25.58% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Woodlake home appreciation rates at 2.63%, which equates to an annual appreciation rate of 10.94%.

Over the last year, Woodlake appreciation rates have trailed the rest of the nation. In the last twelve months, Woodlake's appreciation rate has been 1.67%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Woodlake were at 2.63%, which equates to an annual appreciation rate of 10.94%.

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

Average Home Values

 

Median Home Value:
$152,456

Woodlake, CA HOME PRICES

Value Range
> $1,249,000 1.4
$936,001 - $1,249,000 1.1
$624,001 - $936,000 1.4
$499,001 - $624,000 1.8
$374,001 - $499,000 3.3
$250,001 - $374,000 13.8
$125,001 - $250,000 49.9
$63,001 - $125,000 21.8
$0 - $63,000 5.5

Very Low for CA
Average for Nation

Value Relative to Nation Value Relative to State
48.974569319114 94.8412698412698

Number Of Homes And Apartments:
2,124

Woodlake 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
69.72% 3.11% 3 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$852 / per month

Homeownership Rate

Homeownership
Owners 60.95
Renters 39.05
Vacant 4.88

Housing Market Details

 

Age of Homes

AGE OF Woodlake HOMES
2000 or Newer 18.6
1970 - 1999 44.2
1940 - 1969 34.0
1939 or Older 3.2

Types of Homes

TYPE OF Woodlake HOMES
Single-Family 74.4
Townhomes 3.5
Small Apt. Buildings 7.2
Apt. Complexes 13.1
Mobile Homes 1.8
Other 0.0

Home Size

SIZE OF Woodlake HOMES
No Bedroom 2.91
1 Bedroom 6.49
2 Bedrooms 25.03
3 Bedrooms 47.38
4 Bedrooms 17.82
5 or more bedrooms 0.36

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Zip Codes in Woodlake, CA