Compton, 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 Q1 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Compton, CA Housing Market Trends

With a population of 95,605, 23,742 total housing units (homes and apartments), and a median house value of $480,107, real estate costs in Compton are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Compton, accounting for 65.82% of the city's housing units. Other types of housing that are prevalent in Compton include large apartment complexes or high rise apartments ( 12.30%), duplexes, homes converted to apartments or other small apartment buildings ( 9.83%), and a few row houses and other attached homes ( 8.61%).

People in Compton primarily live in small (one, two or no bedroom) single-family detached homes. Compton has a mixture of owner-occupied and renter-occupied housing.

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. Compton's housing was primarily built during this period, from the '40s through the '60s. A full 63.45% of the city's housing hails from this era. Other housing ages represented in Compton include homes built between 1970-1999 ( 19.43%) and housing constructed before 1939 ( 12.45%). There's also some housing in Compton built between 2000 and later ( 4.67%).

Compton Home Appreciation Rates

In the last 10 years, Compton has experienced some of the highest home appreciation rates of any community in the nation. Compton real estate appreciated 150.37% over the last ten years, which is an average annual home appreciation rate of 9.61%, putting Compton in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Compton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Compton that despite a nationwide downturn in the housing market, Compton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Compton appreciation rates continue to be some of the highest in America, at 7.83%, which is higher than appreciation rates in 71.56% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Compton. Compton appreciation rates in the latest quarter were at 1.83%, which equates to an annual appreciation rate of 7.51%.

Relative to California, our data show that Compton's latest annual appreciation rate is higher 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 city. Individual neighborhoods within Compton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Compton - 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 Compton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$480,107

Compton, CA HOME PRICES

> $1,309,000
0.7%
0.7%
$982,001 - $1,309,000
0.5%
0.5%
$655,001 - $982,000
6.9%
6.9%
$524,001 - $655,000
24.5%
24.5%
$393,001 - $524,000
39.1%
39.1%
$262,001 - $393,000
21.9%
21.9%
$131,001 - $262,000
2.3%
2.3%
$65,001 - $131,000
1.2%
1.2%
$0 - $65,000
2.9%
2.9%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Average for CA

Value Relative To Nation

Number Of Homes And Apartments:
23,742

Compton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
245.01% 6.00%
10
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,795 / per month

Homeownership Rate

Owners
53.4%
53.4%
Renters
46.6%
46.6%
Vacant
3.4%
3.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
4.7%
4.7%
1970 - 1999
19.4%
19.4%
1940 - 1969
63.4%
63.4%
1939 or Older
12.4%
12.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
65.8%
65.8%
Townhomes
8.6%
8.6%
Small Apt. Buildings
9.8%
9.8%
Apt. Complexes
12.3%
12.3%
Mobile Homes
3.4%
3.4%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.5%
2.5%
1 Bedroom
10.9%
10.9%
2 Bedrooms
36.2%
36.2%
3 Bedrooms
39.4%
39.4%
4 Bedrooms
9.7%
9.7%
5 or more bedrooms
1.3%
1.3%
0.0% 100.0%
% OF HOMES