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 49,305 people, 14,273 houses or apartments, and a median cost of homes of $922,532, real estate costs in Rosemead 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 Rosemead, accounting for 71.01% of the city's housing units. Other types of housing that are prevalent in Rosemead include row houses and other attached homes ( 14.30%), large apartment complexes or high rise apartments ( 9.72%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.02%).
The most prevalent building size and type in Rosemead are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 47.60% owning and 52.40% renting.
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. Rosemead's housing was primarily built during this period, from the '40s through the '60s. A full 55.45% of the city's housing hails from this era. Other housing ages represented in Rosemead include homes built between 1970-1999 ( 26.23%) and housing constructed before 1939 ( 11.96%). There's also some housing in Rosemead built between 2000 and later ( 6.36%).
Real estate appreciation rates in Rosemead's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.11% during the period.
Appreciation rates are so strong in Rosemead that despite a nationwide downturn in the housing market, Rosemead real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Rosemead appreciation rates continue to be some of the highest in America, at 5.75%, which is higher than appreciation rates in 78.59% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Rosemead. Rosemead appreciation rates in the latest quarter were at 0.65%, which equates to an annual appreciation rate of 2.61%.
Relative to California, our data show that Rosemead'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 Rosemead differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rosemead - 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 Rosemead real estate investment or home purchase decisions.
$922,532
for California
for nation
14,273
$2,820 / per month