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 49,791 people, 14,091 houses or apartments, and a median cost of homes of $848,626, real estate costs in Rosemead 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 Rosemead, accounting for 72.25% of the city's housing units. Other types of housing that are prevalent in Rosemead include row houses and other attached homes ( 14.14%), large apartment complexes or high rise apartments ( 9.13%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.85%).
People in Rosemead primarily live in small (one, two or no bedroom) single-family detached homes. Rosemead has a mixture of owner-occupied and renter-occupied housing.
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. Rosemead's housing was primarily built during this period, from the '40s through the '60s. A full 54.11% of the city's housing hails from this era. Other housing ages represented in Rosemead include homes built between 1970-1999 ( 26.25%) and housing constructed before 1939 ( 13.04%). There's also some housing in Rosemead built between 2000 and later ( 6.59%).
Real estate appreciation rates in Rosemead's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.83% during the period.
Over the last year, Rosemead appreciation rates have trailed the rest of the nation. In the last twelve months, Rosemead's appreciation rate has been 3.86%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Rosemead were at 2.09%, which equates to an annual appreciation rate of 8.62%.
Relative to California, our data show that Rosemead's latest annual appreciation rate is lower than 60% 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 Rosemead differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rosemead - 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 Rosemead real estate investment or home purchase decisions.
$848,626
for California
for nation
14,091
$2,828 / per month