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 52,633 people, 14,712 houses or apartments, and a median cost of homes of $654,647, real estate costs in Huntington Park 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 Huntington Park, accounting for 35.19% of the city's housing units. Other types of housing that are prevalent in Huntington Park include large apartment complexes or high rise apartments ( 33.89%), duplexes, homes converted to apartments or other small apartment buildings ( 21.14%), and a few row houses and other attached homes ( 9.44%).
Huntington Park is dominated by renter-occupied one, two, or no bedrooms apartments. 75.81% of Huntington Park's dwellings are rentals.
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. Huntington Park's housing was primarily built during this period, from the '40s through the '60s. A full 36.93% of the city's housing hails from this era. Other housing ages represented in Huntington Park include homes built between 1970-1999 ( 30.69%) and housing constructed before 1939 ( 29.35%). There's also some housing in Huntington Park built between 2000 and later ( 3.03%).
In the last 10 years, Huntington Park has experienced some of the highest home appreciation rates of any community in the nation. Huntington Park real estate appreciated 124.80% over the last ten years, which is an average annual home appreciation rate of 8.44%, putting Huntington Park in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Huntington Park definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Huntington Park appreciation rates have trailed the rest of the nation. In the last twelve months, Huntington Park's appreciation rate has been 5.12%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Huntington Park were at 2.59%, which equates to an annual appreciation rate of 10.76%.
Relative to California, our data show that Huntington Park's latest annual appreciation rate is lower than 60% 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 Huntington Park differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Huntington Park - 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 Huntington Park real estate investment or home purchase decisions.
$654,647
for California
for nation
14,712
$2,150 / per month