Yorba Linda, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Yorba Linda, 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

Yorba Linda Housing Market Information

With a population of 67,973, 21,912 total housing units (homes and apartments), and a median house value of $871,119, Yorba Linda house prices are not only among the most expensive in California, Yorba Linda real estate also is some of the most expensive in all of America.

Yorba Linda is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Yorba Linda 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 Yorba Linda. Owner-occupied housing accounts for 83.38% of Yorba Linda's homes, and 71.30% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Yorba Linda 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 Yorba Linda built between 2000 and later ( 16.20%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.81%). There's also some housing in Yorba Linda built before 1939 ( 1.27%).

Yorba Linda Home Appreciation Rates

Appreciation rates for homes in Yorba Linda have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.70%, which ranks in the top 50% nationwide. This equates to an annual average Yorba Linda house appreciation rate of 0.17%.

Appreciation rates are so strong in Yorba Linda that despite a nationwide downturn in the housing market, Yorba Linda real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Yorba Linda appreciation rates continue to be some of the highest in America, at 6.25%, which is higher than appreciation rates in 76.13% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Yorba Linda. Yorba Linda appreciation rates in the latest quarter were at 1.99%, which equates to an annual appreciation rate of 8.20%.

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

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Yorba Linda differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Yorba Linda - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Yorba Linda real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$871,119

Yorba Linda, CA HOME PRICES

Value Range
> $1,247,000 15.5
$935,001 - $1,247,000 24.8
$623,001 - $935,000 38.0
$499,001 - $623,000 8.7
$374,001 - $499,000 6.3
$249,001 - $374,000 3.2
$125,001 - $249,000 0.8
$62,001 - $125,000 1.1
$0 - $62,000 1.4

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
1.54693542716512 15.4761904761905

Number Of Homes And Apartments:
21,912

Yorba Linda 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
113.10% 4.48% 8 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,847 / per month

Homeownership Rate

Homeownership
Owners 83.38
Renters 16.62
Vacant 3.01

Housing Market Details

 

Age of Homes

AGE OF Yorba Linda HOMES
2000 or Newer 16.2
1970 - 1999 66.7
1940 - 1969 15.8
1939 or Older 1.3

Types of Homes

TYPE OF Yorba Linda HOMES
Single-Family 77.6
Townhomes 10.3
Small Apt. Buildings 3.3
Apt. Complexes 7.6
Mobile Homes 1.3
Other 0.0

Home Size

SIZE OF Yorba Linda HOMES
No Bedroom 0.84
1 Bedroom 4.02
2 Bedrooms 11.42
3 Bedrooms 32.54
4 Bedrooms 38.75
5 or more bedrooms 12.42