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 7,448 people, 2,880 houses or apartments, and a median cost of homes of $523,152, Escalon real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Escalon, accounting for 90.90% of the city's housing units. Other types of housing that are prevalent in Escalon include duplexes, homes converted to apartments or other small apartment buildings ( 3.72%), large apartment complexes or high rise apartments ( 2.16%), and a few row houses and other attached homes ( 2.03%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Escalon. Owner-occupied housing accounts for 72.59% of Escalon's homes, and 84.04% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Escalon 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 Escalon built between 2000 and later ( 24.65%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.12%). There's also some housing in Escalon built before 1939 ( 6.83%).
In the last 10 years, Escalon has experienced some of the highest home appreciation rates of any community in the nation. Escalon real estate appreciated 125.00% over the last ten years, which is an average annual home appreciation rate of 8.45%, putting Escalon in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Escalon 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, Escalon appreciation rates have trailed the rest of the nation. In the last twelve months, Escalon's appreciation rate has been 2.39%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Escalon were at 1.68%, which equates to an annual appreciation rate of 6.90%.
Relative to California, our data show that Escalon's latest annual appreciation rate is lower than 70% of the other cities and towns in California.
$523,152
for California
for nation
2,880
$2,275 / per month