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 22,672 people, 8,988 houses or apartments, and a median cost of homes of $168,089, Auburn Hills real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Auburn Hills, accounting for 38.61% of the city's housing units. Other types of housing that are prevalent in Auburn Hills include large apartment complexes or high rise apartments ( 38.11%), row houses and other attached homes ( 8.79%), and a few mobile homes or trailers ( 8.76%).
People in Auburn Hills primarily live in small (one, two or no bedroom) single-family detached homes. Auburn Hills has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Auburn Hills 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 Auburn Hills built between 1940-1969 ( 24.49%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.88%). There's also some housing in Auburn Hills built before 1939 ( 4.78%).
Real estate appreciation rates in Auburn Hills's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.66% during the period.
Appreciation rates are so strong in Auburn Hills that despite a nationwide downturn in the housing market, Auburn Hills real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Auburn Hills appreciation rates continue to be some of the highest in America, at 7.04%, which is higher than appreciation rates in 81.61% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Auburn Hills. Auburn Hills appreciation rates in the latest quarter were at 1.86%, which equates to an annual appreciation rate of 7.66%.
Importantly, this makes Auburn Hills 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 Michigan, our data show that Auburn Hills's latest annual appreciation rate is higher than 60% of the other cities and towns in Michigan.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Auburn Hills differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Auburn Hills - 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 Auburn Hills real estate investment or home purchase decisions.
|$990,001 - $1,320,000||0.3|
|$660,001 - $990,000||0.3|
|$528,001 - $660,000||1.0|
|$396,001 - $528,000||5.7|
|$264,001 - $396,000||11.0|
|$132,001 - $264,000||35.8|
|$66,001 - $132,000||23.9|
|$0 - $66,000||21.9|
|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 Auburn Hills HOMES|
|2000 or Newer||15.9|
|1970 - 1999||54.9|
|1940 - 1969||24.5|
|1939 or Older||4.8|
|TYPE OF Auburn Hills HOMES|
|Small Apt. Buildings||5.7|
|SIZE OF Auburn Hills HOMES|
|5 or more bedrooms||0.91|