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 36,517 people, 13,938 houses or apartments, and a median cost of homes of $1,454,066, Pacifica house prices are not only among the most expensive in California, Pacifica real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Pacifica, accounting for 73.77% of the city's housing units. Other types of housing that are prevalent in Pacifica include large apartment complexes or high rise apartments ( 15.10%), row houses and other attached homes ( 5.23%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.91%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pacifica. Owner-occupied housing accounts for 68.05% of Pacifica's homes, and 65.11% have either three or four bedrooms, which is average sized relative to America.
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. Pacifica's housing was primarily built during this period, from the '40s through the '60s. A full 60.30% of the city's housing hails from this era. Other housing ages represented in Pacifica include homes built between 1970-1999 ( 33.12%) and housing constructed between 2000 and later ( 4.29%). There's also some housing in Pacifica built before 1939 ( 2.30%).
Appreciation rates for homes in Pacifica have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 88.26%, which ranks in the top 50% nationwide. This equates to an annual average Pacifica house appreciation rate of 6.53%.
NeighborhoodScout's data show that during the latest twelve months, Pacifica's appreciation rate, at 5.54%, has been at or slightly above the national average. In the latest quarter, Pacifica's appreciation rate has been 2.58%, which annualizes to a rate of 10.71%.
Relative to California, our data show that Pacifica's latest annual appreciation rate is lower 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 city. Individual neighborhoods within Pacifica differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Pacifica - 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 Pacifica real estate investment or home purchase decisions.
$1,454,066
for California
for nation
13,938
$4,708 / per month