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 6,368 people, 2,472 houses or apartments, and a median cost of homes of $473,831, Colusa real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Colusa, accounting for 67.80% of the city's housing units. Other types of housing that are prevalent in Colusa include large apartment complexes or high rise apartments ( 13.30%), duplexes, homes converted to apartments or other small apartment buildings ( 9.35%), and a few mobile homes or trailers ( 4.83%).
The most prevalent building size and type in Colusa are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.17% owning and 42.83% renting.
There is a lot of housing in Colusa 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 Colusa built between 1940-1969 ( 28.45%). A lesser amount of the housing stock also hails from before 1939 ( 16.94%). There's also some housing in Colusa built between 2000 and later ( 14.02%).
Appreciation rates for homes in Colusa have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 99.40%, which ranks in the top 40% nationwide. This equates to an annual average Colusa house appreciation rate of 7.15%.
Over the last year, Colusa appreciation rates have trailed the rest of the nation. In the last twelve months, Colusa's appreciation rate has been -1.23%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Colusa were at 0.00%, which equates to an annual appreciation rate of 0.00%.
Notably, Colusa's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that Colusa's latest annual appreciation rate is lower than 80% of the other cities and towns in California.
$473,831
for California
for nation
2,472
$1,432 / per month