Los Altos Hills, 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

Los Altos Hills, CA Housing Market Trends

With 8,423 people, 3,016 houses or apartments, and a median cost of homes of $4,675,269, Los Altos Hills house prices are not only among the most expensive in California, Los Altos Hills real estate also is some of the most expensive in all of America.

Los Altos Hills is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Los Altos Hills than is found in 98% of the communities in America.

The large homes that make up Los Altos Hills are primarily owner-occupied ( 90.80%).

There is a lot of housing in Los Altos Hills 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 Los Altos Hills built between 1940-1969 ( 40.82%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.88%). There's also some housing in Los Altos Hills built before 1939 ( 4.90%).

Los Altos Hills Home Appreciation Rates

In the last 10 years, Los Altos Hills has experienced some of the highest home appreciation rates of any community in the nation. Los Altos Hills real estate appreciated 97.28% over the last ten years, which is an average annual home appreciation rate of 7.03%, putting Los Altos Hills in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Los Altos Hills definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Los Altos Hills appreciation rates have trailed the rest of the nation. In the last twelve months, Los Altos Hills's appreciation rate has been 1.19%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Los Altos Hills were at 0.29%, which equates to an annual appreciation rate of 1.15%.

Notably, Los Altos Hills's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$4,675,269

Los Altos Hills, CA HOME PRICES

> $1,010,000
96.7%
96.7%
$758,001 - $1,010,000
0.6%
0.6%
$505,001 - $758,000
0.9%
0.9%
$404,001 - $505,000
0.0%
0.0%
$303,001 - $404,000
0.3%
0.3%
$202,001 - $303,000
0.0%
0.0%
$101,001 - $202,000
0.0%
0.0%
$51,001 - $101,000
0.0%
0.0%
$0 - $51,000
1.5%
1.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for CA

Value Relative To Nation

Number Of Homes And Apartments:
3,016

Los Altos Hills 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
101.58% 3.35%
3
8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$4,689 / per month

Homeownership Rate

Owners
90.8%
90.8%
Renters
9.2%
9.2%
Vacant
9.3%
9.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
12.9%
12.9%
1970 - 1999
41.4%
41.4%
1940 - 1969
40.8%
40.8%
1939 or Older
4.9%
4.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
98.4%
98.4%
Townhomes
1.0%
1.0%
Small Apt. Buildings
0.0%
0.0%
Apt. Complexes
0.3%
0.3%
Mobile Homes
0.0%
0.0%
Other
0.2%
0.2%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.2%
0.2%
1 Bedroom
2.9%
2.9%
2 Bedrooms
7.3%
7.3%
3 Bedrooms
15.0%
15.0%
4 Bedrooms
40.7%
40.7%
5 or more bedrooms
33.9%
33.9%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Los Altos Hills

Zip Codes in Los Altos Hills, CA