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 26,343 people, 7,313 houses or apartments, and a median cost of homes of $463,135, Sanger real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Sanger, accounting for 79.43% of the city's housing units. Other types of housing that are prevalent in Sanger include duplexes, homes converted to apartments or other small apartment buildings ( 9.61%), large apartment complexes or high rise apartments ( 6.30%), and a few row houses and other attached homes ( 2.41%).
The most prevalent building size and type in Sanger are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.91% owning and 37.09% renting.
Sanger homes and real estate are some of the newest in America. 33.54% of Sanger's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Sanger real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 30.28%), and between 1940-1969 ( 29.96%). There's also some housing in Sanger built before 1939 ( 6.22%).
In the last 10 years, Sanger has experienced some of the highest home appreciation rates of any community in the nation. Sanger real estate appreciated 117.97% over the last ten years, which is an average annual home appreciation rate of 8.10%, putting Sanger in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sanger 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 Sanger that despite a nationwide downturn in the housing market, Sanger real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sanger appreciation rates continue to be some of the highest in America, at 7.16%, which is higher than appreciation rates in 89.50% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sanger. Sanger appreciation rates in the latest quarter were at 0.13%, which equates to an annual appreciation rate of 0.50%.
Relative to California, our data show that Sanger's latest annual appreciation rate is higher than 90% 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 Sanger differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sanger - 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 Sanger real estate investment or home purchase decisions.
$463,135
for California
for nation
7,313
$1,772 / per month