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 35,569, 13,576 total housing units (homes and apartments), and a median house value of $611,349, real estate costs in Orangevale 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 Orangevale, accounting for 79.91% of the town's housing units. Other types of housing that are prevalent in Orangevale include large apartment complexes or high rise apartments ( 9.58%), duplexes, homes converted to apartments or other small apartment buildings ( 4.83%), and a few row houses and other attached homes ( 2.95%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Orangevale. Owner-occupied housing accounts for 74.47% of Orangevale's homes, and 74.03% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Orangevale 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 Orangevale built between 1940-1969 ( 33.31%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.33%).
Appreciation rates for homes in Orangevale have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 101.19%, which ranks in the top 40% nationwide. This equates to an annual average Orangevale house appreciation rate of 7.24%.
NeighborhoodScout's data show that during the latest twelve months, Orangevale's appreciation rate, at 6.00%, has been at or slightly above the national average. In the latest quarter, Orangevale's appreciation rate has been 0.13%, which annualizes to a rate of 0.52%.
Notably, Orangevale's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that Orangevale's latest annual appreciation rate is higher than 50% 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 town. Individual neighborhoods within Orangevale differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Orangevale - 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 Orangevale real estate investment or home purchase decisions.
$611,349
for California
for nation
13,576
$2,934 / per month