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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Atherton, CA Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Atherton, CA Housing Market Trends

With 6,898 people, 2,183 houses or apartments, and a median cost of homes of $7,296,930, Atherton house prices are not only among the most expensive in California, Atherton real estate also is some of the most expensive in all of America.

Atherton is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Atherton than is found in 98% of the communities in America.

The large homes that make up Atherton are primarily owner-occupied ( 78.23%).

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. Atherton's housing was primarily built during this period, from the '40s through the '60s. A full 47.80% of the town's housing hails from this era. Other housing ages represented in Atherton include homes built between 2000 and later ( 22.72%) and housing constructed between 1970-1999 ( 16.89%). There's also some housing in Atherton built before 1939 ( 12.60%).

Vacant housing appears to be an issue in Atherton. Fully 15.65% of the housing stock is classified as vacant. Left unchecked, vacant Atherton homes and apartments can be a drag on the real estate market, holding Atherton 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.

Atherton Home Appreciation Rates

Real estate appreciation rates in Atherton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.96% during the period.

Over the last year, Atherton appreciation rates have trailed the rest of the nation. In the last twelve months, Atherton's appreciation rate has been 0.57%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Atherton were at -0.62%, which equates to an annual appreciation rate of -2.46%.

Relative to California, our data show that Atherton's latest annual appreciation rate is lower than 60% of the other cities and towns in California.

Average Home Values

Median Home Value

$7,296,930

Atherton, CA Home Prices
> $880,000
$660,001 - $880,000
$440,001 - $660,000
$352,001 - $440,000
$264,001 - $352,000
$176,001 - $264,000
$88,001 - $176,000
$44,001 - $88,000
$0 - $44,000
98.3%
98.3%
0.3%
0.3%
0.3%
0.3%
0.2%
0.2%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.0%
1.0%
0% 100.0%
% of Homes
Very High

for California

Very High

for nation

Number of Homes And Apartments:

2,183

Atherton Appreciation Rates

Rent & Ownership

Average Market Rent:

$5,347 / per month

Homeownership Rate

Owners
Renters
78.2%
78.2%
21.8%
21.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
15.6%
15.6%
84.4%
84.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
22.7%
22.7%
16.9%
16.9%
47.8%
47.8%
12.6%
12.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
97.9%
97.9%
2.1%
2.1%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.5%
0.5%
0.8%
0.8%
3.0%
3.0%
17.8%
17.8%
34.8%
34.8%
43.2%
43.2%
0% 100.0%
% of Homes