Yreka, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Yreka, CA Real Estate Data


Yreka Housing Market Information

With a population of 7,597, 3,246 total housing units (homes and apartments), and a median house value of $171,262, Yreka real estate values are some of the lowest in California, although compared to real estate around the nation, Yreka homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Yreka, accounting for 58.90% of the city's housing units. Other types of housing that are prevalent in Yreka include large apartment complexes or high rise apartments ( 20.98%), duplexes, homes converted to apartments or other small apartment buildings ( 11.87%), and a few row houses and other attached homes ( 3.73%).

The most prevalent building size and type in Yreka are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 48.28% owning and 51.72% renting.

There is a lot of housing in Yreka 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 Yreka built between 1940-1969 ( 28.00%). A lesser amount of the housing stock also hails from before 1939 ( 13.54%). There's also some housing in Yreka built between 2000 and later ( 9.17%).

Yreka Home Appreciation Rates

Homes have actually lost value in Yreka over the last then years, as home values have seen a decline of 27.10% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Yreka home appreciation rates at 2.23%, which equates to an annual appreciation rate of 9.22%.

Appreciation rates are so strong in Yreka that despite a nationwide downturn in the housing market, Yreka real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Yreka appreciation rates continue to be some of the highest in America, at 6.88%, which is higher than appreciation rates in 83.63% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Yreka. Yreka appreciation rates in the latest quarter were at 2.23%, which equates to an annual appreciation rate of 9.22%.

Relative to California, our data show that Yreka's latest annual appreciation rate is higher than 50% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$171,262

Yreka, CA HOME PRICES

Value Range
> $1,122,000 0.1
$841,001 - $1,122,000 0.1
$561,001 - $841,000 3.6
$449,001 - $561,000 0.8
$336,001 - $449,000 8.6
$224,001 - $336,000 23.2
$112,001 - $224,000 40.7
$56,001 - $112,000 11.2
$0 - $56,000 11.8

Very Low for CA
Average for Nation

Value Relative to Nation Value Relative to State
42.2439538560637 93.3949801849406

Number Of Homes And Apartments:
3,246

Rent & Ownership

 

Average Market Rent:
$1,148 / per month

Homeownership Rate

Homeownership
Owners 48.28
Renters 51.72
Vacant 9.56

Housing Market Details

 

Age of Homes

AGE OF Yreka HOMES
2000 or Newer 9.2
1970 - 1999 49.3
1940 - 1969 28.0
1939 or Older 13.5

Types of Homes

TYPE OF Yreka HOMES
Single-Family 58.9
Townhomes 3.7
Small Apt. Buildings 11.9
Apt. Complexes 21.0
Mobile Homes 3.2
Other 1.3

Home Size

SIZE OF Yreka HOMES
No Bedroom 4.32
1 Bedroom 11.09
2 Bedrooms 33.85
3 Bedrooms 42.30
4 Bedrooms 8.22
5 or more bedrooms 0.22

Yreka Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
46.53% 2.27% 1 6
* 10 is highest

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Zip Codes in Yreka, CA