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 a population of 10,087, 3,121 total housing units (homes and apartments), and a median house value of $1,089,264, real estate costs in Valley Center are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.
Single-family detached homes are the single most common housing type in Valley Center, accounting for 88.21% of the town's housing units. Other types of housing that are prevalent in Valley Center include mobile homes or trailers ( 8.22%), row houses and other attached homes ( 3.00%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Valley Center. Owner-occupied housing accounts for 84.57% of Valley Center's homes, and 63.05% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Valley Center 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 Valley Center built between 2000 and later ( 27.47%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.53%).
Appreciation rates for homes in Valley Center have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 110.90%, which ranks in the top 30% nationwide. This equates to an annual average Valley Center house appreciation rate of 7.75%.
Appreciation rates are so strong in Valley Center that despite a nationwide downturn in the housing market, Valley Center real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Valley Center appreciation rates continue to be some of the highest in America, at 10.24%, which is higher than appreciation rates in 88.44% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Valley Center. Valley Center appreciation rates in the latest quarter were at 2.65%, which equates to an annual appreciation rate of 11.01%.
Relative to California, our data show that Valley Center's latest annual appreciation rate is higher than 80% of the other cities and towns in California.
$1,089,264
for California
for nation
3,121
$3,145 / per month