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 7,453 people, 3,033 houses or apartments, and a median cost of homes of $858,403, real estate costs in Cotati 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 Cotati, accounting for 53.08% of the city's housing units. Other types of housing that are prevalent in Cotati include large apartment complexes or high rise apartments ( 20.93%), row houses and other attached homes ( 12.25%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 10.18%).
The most prevalent building size and type in Cotati are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.96% owning and 42.04% renting.
There is a lot of housing in Cotati 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 Cotati built between 2000 and later ( 15.06%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.49%). There's also some housing in Cotati built before 1939 ( 2.49%).
Appreciation rates for homes in Cotati have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 99.71%, which ranks in the top 40% nationwide. This equates to an annual average Cotati house appreciation rate of 7.16%.
Appreciation rates are so strong in Cotati that despite a nationwide downturn in the housing market, Cotati real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Cotati appreciation rates continue to be some of the highest in America, at 11.90%, which is higher than appreciation rates in 71.74% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Cotati. Cotati appreciation rates in the latest quarter were at 8.40%, which equates to an annual appreciation rate of 38.06%.
Importantly, this makes Cotati one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to California, our data show that Cotati's latest annual appreciation rate is higher than 70% of the other cities and towns in California.
$858,403
for California
for nation
3,033
$2,583 / per month