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 15,524, 5,431 total housing units (homes and apartments), and a median house value of $825,447, real estate costs in El Sobrante 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 El Sobrante, accounting for 71.98% of the town's housing units. Other types of housing that are prevalent in El Sobrante include large apartment complexes or high rise apartments ( 16.33%), duplexes, homes converted to apartments or other small apartment buildings ( 6.56%), and a few row houses and other attached homes ( 4.28%).
The most prevalent building size and type in El Sobrante are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 62.29% owning and 37.71% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. El Sobrante's housing was primarily built during this period, from the '40s through the '60s. A full 58.95% of the town's housing hails from this era. Other housing ages represented in El Sobrante include homes built between 1970-1999 ( 30.04%) and housing constructed between 2000 and later ( 6.94%). There's also some housing in El Sobrante built before 1939 ( 4.07%).
Appreciation rates for homes in El Sobrante have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 108.20%, which ranks in the top 30% nationwide. This equates to an annual average El Sobrante house appreciation rate of 7.61%.
Over the last year, El Sobrante appreciation rates have trailed the rest of the nation. In the last twelve months, El Sobrante's appreciation rate has been 2.52%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in El Sobrante were at 2.58%, which equates to an annual appreciation rate of 10.71%.
Relative to California, our data show that El Sobrante's latest annual appreciation rate is lower than 70% of the other cities and towns in California.
$825,447
for California
for nation
5,431
$3,756 / per month