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 6,919 people, 2,971 houses or apartments, and a median cost of homes of $546,352, Fort Bragg real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Fort Bragg, accounting for 66.86% of the city's housing units. Other types of housing that are prevalent in Fort Bragg include duplexes, homes converted to apartments or other small apartment buildings ( 14.19%), large apartment complexes or high rise apartments ( 11.16%), and a few mobile homes or trailers ( 5.22%).
People in Fort Bragg primarily live in small (one, two or no bedroom) single-family detached homes. Fort Bragg has a mixture of owner-occupied and renter-occupied housing.
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. Fort Bragg's housing was primarily built during this period, from the '40s through the '60s. A full 38.88% of the city's housing hails from this era. Other housing ages represented in Fort Bragg include homes built between 1970-1999 ( 33.94%) and housing constructed before 1939 ( 21.32%). There's also some housing in Fort Bragg built between 2000 and later ( 5.85%).
Vacant housing appears to be an issue in Fort Bragg. Fully 15.19% of the housing stock is classified as vacant. Left unchecked, vacant Fort Bragg homes and apartments can be a drag on the real estate market, holding Fort Bragg real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Fort Bragg have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 98.59%, which ranks in the top 40% nationwide. This equates to an annual average Fort Bragg house appreciation rate of 7.10%.
NeighborhoodScout's data show that during the latest twelve months, Fort Bragg's appreciation rate, at 4.14%, has been at or slightly above the national average. In the latest quarter, Fort Bragg's appreciation rate has been -0.26%, which annualizes to a rate of -1.04%.
Notably, Fort Bragg's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that Fort Bragg's latest annual appreciation rate is higher than 80% of the other cities and towns in California.
$546,352
for California
for nation
2,971
$1,658 / per month