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 3,288 people, 917 houses or apartments, and a median cost of homes of $474,719, Arnold real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Arnold, accounting for 96.41% of the town's housing units. Other types of housing that are prevalent in Arnold include large apartment complexes or high rise apartments ( 1.29%), mobile homes or trailers ( 1.20%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Arnold. Owner-occupied housing accounts for 87.24% of Arnold's homes, and 66.49% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Arnold 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 Arnold built between 1940-1969 ( 23.76%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.35%). There's also some housing in Arnold built before 1939 ( 1.41%).
A decent proportion of the Arnold housing stock is seasonally occupied. That is, homes and condos in Arnold are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Arnold housing market speaks to its popularity as a vacation location of choice.
Arnold's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Arnold during the period has been just 5.14%, which is lower than 80% of US communities.
Over the last year, Arnold appreciation rates have trailed the rest of the nation. In the last twelve months, Arnold's appreciation rate has been -1.39%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Arnold were at 0.00%, which equates to an annual appreciation rate of 0.00%.
Notably, Arnold's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that Arnold's latest annual appreciation rate is lower than 80% of the other cities and towns in California.
$474,719
for California
for nation
917
$2,193 / per month