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 321,819, 96,975 total housing units (homes and apartments), and a median house value of $481,924, Stockton real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Stockton, accounting for 66.73% of the city's housing units. Other types of housing that are prevalent in Stockton include large apartment complexes or high rise apartments ( 17.95%), duplexes, homes converted to apartments or other small apartment buildings ( 7.85%), and a few row houses and other attached homes ( 6.26%).
The most prevalent building size and type in Stockton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 50.59% owning and 49.41% renting.
There is a lot of housing in Stockton 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 Stockton built between 1940-1969 ( 23.92%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.63%). There's also some housing in Stockton built before 1939 ( 8.77%).
In the last 10 years, Stockton has experienced some of the highest home appreciation rates of any community in the nation. Stockton real estate appreciated 145.20% over the last ten years, which is an average annual home appreciation rate of 9.38%, putting Stockton in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Stockton 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, Stockton's appreciation rate, at 6.41%, has been at or slightly above the national average. In the latest quarter, Stockton's appreciation rate has been 1.04%, which annualizes to a rate of 4.24%.
Relative to California, our data show that Stockton'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 city. Individual neighborhoods within Stockton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Stockton - 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 Stockton real estate investment or home purchase decisions.
$481,924
for California
for nation
96,975
$2,100 / per month