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 12,073 people, 4,920 houses or apartments, and a median cost of homes of $1,457,951, Scotts Valley house prices are not only among the most expensive in California, Scotts Valley 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 Scotts Valley, accounting for 54.37% of the city's housing units. Other types of housing that are prevalent in Scotts Valley include mobile homes or trailers ( 18.68%), large apartment complexes or high rise apartments ( 11.43%), and a few row houses and other attached homes ( 10.06%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Scotts Valley. Owner-occupied housing accounts for 72.06% of Scotts Valley's homes, and 53.80% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Scotts Valley 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 Scotts Valley built between 2000 and later ( 18.07%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.27%). There's also some housing in Scotts Valley built before 1939 ( 2.39%).
Real estate appreciation rates in Scotts Valley's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.88% during the period.
Over the last year, Scotts Valley appreciation rates have trailed the rest of the nation. In the last twelve months, Scotts Valley's appreciation rate has been 5.01%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Scotts Valley were at 1.56%, which equates to an annual appreciation rate of 6.37%.
Relative to California, our data show that Scotts Valley's latest annual appreciation rate is lower than 50% of the other cities and towns in California.
$1,457,951
$4,948 / per month