Orinda, 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

Orinda, CA Housing Market Trends

With 19,926 people, 7,167 houses or apartments, and a median cost of homes of $1,434,108, Orinda house prices are not only among the most expensive in California, Orinda real estate also is some of the most expensive in all of America.

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

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Orinda. Owner-occupied housing accounts for 89.84% of Orinda's homes, and 73.80% have either three or four bedrooms, which is average sized relative to America.

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. Orinda's housing was primarily built during this period, from the '40s through the '60s. A full 66.34% of the city's housing hails from this era. Other housing ages represented in Orinda include homes built between 1970-1999 ( 24.51%) and housing constructed before 1939 ( 4.86%). There's also some housing in Orinda built between 2000 and later ( 4.29%).

Orinda Home Appreciation Rates

Real estate appreciation rates in Orinda's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 3.39% during the period.

Over the last year, Orinda appreciation rates have trailed the rest of the nation. In the last twelve months, Orinda's appreciation rate has been -1.47%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Orinda were at 1.76%, which equates to an annual appreciation rate of 7.21%.

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

Relative to California, our data show that Orinda's latest annual appreciation rate is lower than 90% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$1,434,108

Orinda, CA HOME PRICES

> $999,000
82.7%
82.7%
$750,001 - $999,000
9.6%
9.6%
$500,001 - $750,000
3.4%
3.4%
$400,001 - $500,000
1.6%
1.6%
$300,001 - $400,000
0.9%
0.9%
$200,001 - $300,000
0.2%
0.2%
$100,001 - $200,000
0.2%
0.2%
$50,001 - $100,000
0.2%
0.2%
$0 - $50,000
1.0%
1.0%
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:
7,167

Orinda 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
91.94% 3.08%
1
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$5,127 / per month

Homeownership Rate

Owners
89.8%
89.8%
Renters
10.2%
10.2%
Vacant
4.5%
4.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
4.3%
4.3%
1970 - 1999
24.5%
24.5%
1940 - 1969
66.3%
66.3%
1939 or Older
4.9%
4.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
94.1%
94.1%
Townhomes
1.4%
1.4%
Small Apt. Buildings
0.4%
0.4%
Apt. Complexes
3.6%
3.6%
Mobile Homes
0.4%
0.4%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.2%
1.2%
1 Bedroom
4.0%
4.0%
2 Bedrooms
5.4%
5.4%
3 Bedrooms
31.3%
31.3%
4 Bedrooms
42.5%
42.5%
5 or more bedrooms
15.6%
15.6%
0.0% 100.0%
% OF HOMES