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 4,698 people, 1,517 houses or apartments, and a median cost of homes of $1,004,449, real estate costs in Mather 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 Mather, accounting for 85.82% of the town's housing units. Other types of housing that are prevalent in Mather include large apartment complexes or high rise apartments ( 9.39%), duplexes, homes converted to apartments or other small apartment buildings ( 3.24%), and a few mobile homes or trailers ( 1.55%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mather. Owner-occupied housing accounts for 81.44% of Mather's homes, and 70.34% have either three or four bedrooms, which is average sized relative to America.
Mather homes and real estate are some of the newest in America. 82.90% of Mather's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Mather real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 15.22%), and between 1940-1969 ( 1.88%).
In the last 10 years, Mather has experienced some of the highest home appreciation rates of any community in the nation. Mather real estate appreciated 183.28% over the last ten years, which is an average annual home appreciation rate of 10.97%, putting Mather in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Mather definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Mather that despite a nationwide downturn in the housing market, Mather real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Mather appreciation rates continue to be some of the highest in America, at 31.90%, which is higher than appreciation rates in 99.37% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Mather. Mather appreciation rates in the latest quarter were at 28.26%, which equates to an annual appreciation rate of 170.62%.
Importantly, this makes Mather one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to California, our data show that Mather's latest annual appreciation rate is higher than 90% of the other cities and towns in California.
$1,004,449
for California
for nation
1,517
$3,368 / per month