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 about Scout's Real Estate Data
With 18,738 people, 3,918 houses or apartments, and a median cost of homes of $489,452, Chowchilla real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Chowchilla, accounting for 81.76% of the city's housing units. Other types of housing that are prevalent in Chowchilla include duplexes, homes converted to apartments or other small apartment buildings ( 9.06%), large apartment complexes or high rise apartments ( 6.39%), and a few row houses and other attached homes ( 2.62%).
The most prevalent building size and type in Chowchilla are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 42.03% owning and 57.97% renting.
There is a lot of housing in Chowchilla 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 Chowchilla built between 2000 and later ( 28.98%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.44%). There's also some housing in Chowchilla built before 1939 ( 4.83%).
In the last 10 years, Chowchilla has experienced some of the highest home appreciation rates of any community in the nation. Chowchilla real estate appreciated 179.52% over the last ten years, which is an average annual home appreciation rate of 10.83%, putting Chowchilla in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Chowchilla 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 Chowchilla that despite a nationwide downturn in the housing market, Chowchilla real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Chowchilla appreciation rates continue to be some of the highest in America, at 13.84%, which is higher than appreciation rates in 96.51% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Chowchilla. Chowchilla appreciation rates in the latest quarter were at 0.63%, which equates to an annual appreciation rate of 2.55%.
Relative to California, our data show that Chowchilla's latest annual appreciation rate is higher than 90% 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 Chowchilla differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Chowchilla - 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 Chowchilla real estate investment or home purchase decisions.
$489,452
for California
for nation
3,918
$2,127 / per month