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 52,041 people, 18,238 houses or apartments, and a median cost of homes of $1,119,059, real estate costs in Diamond Bar 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 Diamond Bar, accounting for 70.46% of the city's housing units. Other types of housing that are prevalent in Diamond Bar include row houses and other attached homes ( 11.78%), large apartment complexes or high rise apartments ( 10.35%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.47%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Diamond Bar. Owner-occupied housing accounts for 77.08% of Diamond Bar's homes, and 68.21% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Diamond Bar 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 Diamond Bar built between 1940-1969 ( 20.81%). A lesser amount of the housing stock also hails from between 2000 and later ( 4.25%).
Diamond Bar's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Diamond Bar during the period has been just 5.72%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Diamond Bar's appreciation rate, at 8.45%, has been at or slightly above the national average. In the latest quarter, Diamond Bar's appreciation rate has been 1.60%, which annualizes to a rate of 6.54%.
Relative to California, our data show that Diamond Bar's latest annual appreciation rate is higher than 80% 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 Diamond Bar differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Diamond Bar - 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 Diamond Bar real estate investment or home purchase decisions.
$1,119,059
for California
for nation
18,238
$3,898 / per month