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 28,188 people, 7,881 houses or apartments, and a median cost of homes of $408,388, Brawley real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Brawley, accounting for 60.03% of the city's housing units. Other types of housing that are prevalent in Brawley include large apartment complexes or high rise apartments ( 20.51%), duplexes, homes converted to apartments or other small apartment buildings ( 11.49%), and a few mobile homes or trailers ( 4.49%).
The most prevalent building size and type in Brawley are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 51.26% owning and 48.74% renting.
There is a lot of housing in Brawley 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 Brawley built between 2000 and later ( 25.73%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.32%). There's also some housing in Brawley built before 1939 ( 5.62%).
Appreciation rates for homes in Brawley have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 107.60%, which ranks in the top 30% nationwide. This equates to an annual average Brawley house appreciation rate of 7.58%.
Appreciation rates are so strong in Brawley that despite a nationwide downturn in the housing market, Brawley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Brawley appreciation rates continue to be some of the highest in America, at 5.68%, which is higher than appreciation rates in 82.63% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Brawley. Brawley appreciation rates in the latest quarter were at 1.63%, which equates to an annual appreciation rate of 6.67%.
Importantly, this makes Brawley one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to California, our data show that Brawley'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 Brawley differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Brawley - 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 Brawley real estate investment or home purchase decisions.
$408,388
for California
for nation
7,881
$1,739 / per month