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 6,664 people, 2,382 houses or apartments, and a median cost of homes of $1,388,975, Aptos house prices are not only among the most expensive in California, Aptos 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 Aptos, accounting for 72.79% of the town's housing units. Other types of housing that are prevalent in Aptos include large apartment complexes or high rise apartments ( 11.08%), row houses and other attached homes ( 7.28%), and a few mobile homes or trailers ( 6.58%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Aptos. Owner-occupied housing accounts for 69.62% of Aptos's homes, and 58.71% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Aptos 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 Aptos built between 1940-1969 ( 27.91%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.64%). There's also some housing in Aptos built before 1939 ( 2.01%).
Vacant housing appears to be an issue in Aptos. Fully 12.87% of the housing stock is classified as vacant. Left unchecked, vacant Aptos homes and apartments can be a drag on the real estate market, holding Aptos real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Aptos's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Aptos during the period has been just 5.79%, which is lower than 70% of US communities.
Over the last year, Aptos appreciation rates have trailed the rest of the nation. In the last twelve months, Aptos's appreciation rate has been 3.97%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Aptos were at 1.53%, which equates to an annual appreciation rate of 6.25%.
Relative to California, our data show that Aptos'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 town. Individual neighborhoods within Aptos differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Aptos - 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 Aptos real estate investment or home purchase decisions.
$1,388,975
for California
for nation
2,382
$4,113 / per month