Crestline, 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 Q2 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

Crestline, CA Housing Market Trends

With 11,123 people, 3,524 houses or apartments, and a median cost of homes of $346,597, Crestline real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Crestline, accounting for 93.22% of the town's housing units. Other types of housing that are prevalent in Crestline include mobile homes or trailers ( 2.32%), duplexes, homes converted to apartments or other small apartment buildings ( 1.91%), and a few large apartment complexes or high rise apartments ( 1.53%).

Dwellings in Crestline tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 55.39% of the homes in Crestline have two or fewer bedrooms.

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. Crestline's housing was primarily built during this period, from the '40s through the '60s. A full 53.21% of the town's housing hails from this era. Other housing ages represented in Crestline include homes built between 1970-1999 ( 29.74%) and housing constructed before 1939 ( 14.01%). There's also some housing in Crestline built between 2000 and later ( 3.04%).

A decent proportion of the Crestline housing stock is seasonally occupied. That is, homes and condos in Crestline 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 Crestline housing market speaks to its popularity as a vacation location of choice.

Crestline Home Appreciation Rates

In the last 10 years, Crestline has experienced some of the highest home appreciation rates of any community in the nation. Crestline real estate appreciated 113.19% over the last ten years, which is an average annual home appreciation rate of 7.86%, putting Crestline in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Crestline 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 Crestline that despite a nationwide downturn in the housing market, Crestline real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Crestline appreciation rates continue to be some of the highest in America, at 13.20%, which is higher than appreciation rates in 89.94% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Crestline. Crestline appreciation rates in the latest quarter were at 4.89%, which equates to an annual appreciation rate of 21.04%.

Importantly, this makes Crestline one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to California, our data show that Crestline's latest annual appreciation rate is higher than 80% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$346,597

Crestline, CA HOME PRICES

> $1,261,000
3.8%
3.8%
$946,001 - $1,261,000
1.1%
1.1%
$631,001 - $946,000
5.0%
5.0%
$505,001 - $631,000
11.0%
11.0%
$378,001 - $505,000
18.9%
18.9%
$252,001 - $378,000
33.1%
33.1%
$126,001 - $252,000
19.7%
19.7%
$63,001 - $126,000
3.3%
3.3%
$0 - $63,000
4.2%
4.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Low for CA

Value Relative To Nation

Number Of Homes And Apartments:
3,524

Crestline Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
163.54% 4.61%
8
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,608 / per month

Homeownership Rate

Owners
70.7%
70.7%
Renters
29.3%
29.3%
Vacant
51.1%
51.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
3.0%
3.0%
1970 - 1999
29.7%
29.7%
1940 - 1969
53.2%
53.2%
1939 or Older
14.0%
14.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
93.2%
93.2%
Townhomes
1.0%
1.0%
Small Apt. Buildings
1.9%
1.9%
Apt. Complexes
1.5%
1.5%
Mobile Homes
2.3%
2.3%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.4%
1.4%
1 Bedroom
14.7%
14.7%
2 Bedrooms
39.3%
39.3%
3 Bedrooms
31.6%
31.6%
4 Bedrooms
10.9%
10.9%
5 or more bedrooms
2.2%
2.2%
0.0% 100.0%
% OF HOMES