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 a population of 9,557, 3,437 total housing units (homes and apartments), and a median house value of $654,627, real estate costs in Mentone 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 Mentone, accounting for 64.74% of the town's housing units. Other types of housing that are prevalent in Mentone include large apartment complexes or high rise apartments ( 13.69%), mobile homes or trailers ( 12.04%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.75%).
The most prevalent building size and type in Mentone are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 63.09% owning and 36.91% renting.
There is a lot of housing in Mentone 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 Mentone built between 1940-1969 ( 27.50%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.13%). There's also some housing in Mentone built before 1939 ( 6.68%).
Appreciation rates for homes in Mentone have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 113.85%, which ranks in the top 30% nationwide. This equates to an annual average Mentone house appreciation rate of 7.90%.
Over the last year, Mentone appreciation rates have trailed the rest of the nation. In the last twelve months, Mentone's appreciation rate has been 2.75%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mentone were at 1.21%, which equates to an annual appreciation rate of 4.94%.
Relative to California, our data show that Mentone's latest annual appreciation rate is higher than 50% of the other cities and towns in California.
$654,627
for California
for nation
3,437
$2,949 / per month