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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 5,561, 1,936 total housing units (homes and apartments), and a median house value of $3,060,407, Woodside house prices are not only among the most expensive in California, Woodside real estate also is some of the most expensive in all of America.
Woodside is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Woodside than is found in 98% of the communities in America.
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Woodside. Owner-occupied housing accounts for 89.62% of Woodside's homes, and 65.55% have either three or four bedrooms, which is average sized relative to America.
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. Woodside's housing was primarily built during this period, from the '40s through the '60s. A full 44.92% of the town's housing hails from this era. Other housing ages represented in Woodside include homes built between 1970-1999 ( 28.41%) and housing constructed before 1939 ( 17.63%). There's also some housing in Woodside built between 2000 and later ( 9.04%).
Vacant housing appears to be an issue in Woodside. Fully 13.38% of the housing stock is classified as vacant. Left unchecked, vacant Woodside homes and apartments can be a drag on the real estate market, holding Woodside real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, Woodside has experienced some of the highest home appreciation rates of any community in the nation. Woodside real estate appreciated 67.57% over the last ten years, which is an average annual home appreciation rate of 5.30%, putting Woodside in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Woodside definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Woodside that despite a nationwide downturn in the housing market, Woodside real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Woodside appreciation rates continue to be some of the highest in America, at 7.62%, which is higher than appreciation rates in 84.89% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Woodside. Woodside appreciation rates in the latest quarter were at 2.03%, which equates to an annual appreciation rate of 8.39%.
Importantly, this makes Woodside 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 Woodside's latest annual appreciation rate is lower than 50% of the other cities and towns in California.
|$998,001 - $1,331,000||4.6|
|$665,001 - $998,000||1.4|
|$532,001 - $665,000||0.0|
|$399,001 - $532,000||1.7|
|$266,001 - $399,000||0.0|
|$133,001 - $266,000||0.6|
|$67,001 - $133,000||0.0|
|$0 - $67,000||1.0|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Woodside HOMES|
|2000 or Newer||9.0|
|1970 - 1999||28.4|
|1940 - 1969||44.9|
|1939 or Older||17.6|
|TYPE OF Woodside HOMES|
|Small Apt. Buildings||0.2|
|SIZE OF Woodside HOMES|
|5 or more bedrooms||18.79|