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 13,593 people, 3,691 houses or apartments, and a median cost of homes of $710,890, real estate costs in Hawaiian Gardens 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 Hawaiian Gardens, accounting for 50.29% of the city's housing units. Other types of housing that are prevalent in Hawaiian Gardens include large apartment complexes or high rise apartments ( 20.12%), row houses and other attached homes ( 14.78%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.64%).
People in Hawaiian Gardens primarily live in small (one, two or no bedroom) single-family detached homes. Hawaiian Gardens 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. Hawaiian Gardens's housing was primarily built during this period, from the '40s through the '60s. A full 52.41% of the city's housing hails from this era. Other housing ages represented in Hawaiian Gardens include homes built between 1970-1999 ( 34.93%) and housing constructed between 2000 and later ( 8.17%). There's also some housing in Hawaiian Gardens built before 1939 ( 4.49%).
In the last 10 years, Hawaiian Gardens has experienced some of the highest home appreciation rates of any community in the nation. Hawaiian Gardens real estate appreciated 137.04% over the last ten years, which is an average annual home appreciation rate of 9.01%, putting Hawaiian Gardens in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Hawaiian Gardens 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 Hawaiian Gardens that despite a nationwide downturn in the housing market, Hawaiian Gardens real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hawaiian Gardens appreciation rates continue to be some of the highest in America, at 13.69%, which is higher than appreciation rates in 96.36% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hawaiian Gardens. Hawaiian Gardens appreciation rates in the latest quarter were at 2.09%, which equates to an annual appreciation rate of 8.62%.
Relative to California, our data show that Hawaiian Gardens's latest annual appreciation rate is higher than 90% of the other cities and towns in California.
$710,890
for California
for nation
3,691
$2,766 / per month