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 15,944 people, 5,134 houses or apartments, and a median cost of homes of $521,201, Rio Linda real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Rio Linda, accounting for 90.99% of the town's housing units. Other types of housing that are prevalent in Rio Linda include large apartment complexes or high rise apartments ( 2.90%), mobile homes or trailers ( 2.58%), and a few row houses and other attached homes ( 2.51%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rio Linda. Owner-occupied housing accounts for 68.95% of Rio Linda's homes, and 71.51% 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. Rio Linda's housing was primarily built during this period, from the '40s through the '60s. A full 41.87% of the town's housing hails from this era. Other housing ages represented in Rio Linda include homes built between 1970-1999 ( 41.61%) and housing constructed between 2000 and later ( 11.10%). There's also some housing in Rio Linda built before 1939 ( 5.43%).
In the last 10 years, Rio Linda has experienced some of the highest home appreciation rates of any community in the nation. Rio Linda real estate appreciated 142.43% over the last ten years, which is an average annual home appreciation rate of 9.26%, putting Rio Linda in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Rio Linda definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Rio Linda's appreciation rate, at 5.56%, has been at or slightly above the national average. In the latest quarter, Rio Linda's appreciation rate has been 0.13%, which annualizes to a rate of 0.52%.
Notably, Rio Linda's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that Rio Linda's latest annual appreciation rate is lower than 50% of the other cities and towns in California.
$521,201
for California
for nation
5,134
$2,674 / per month