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 a population of 4,144, 1,571 total housing units (homes and apartments), and a median house value of $471,858, Coarsegold real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Coarsegold, accounting for 61.80% of the town's housing units. Other types of housing that are prevalent in Coarsegold include mobile homes or trailers ( 21.65%), large apartment complexes or high rise apartments ( 3.21%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.89%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Coarsegold. Owner-occupied housing accounts for 90.07% of Coarsegold's homes, and 68.52% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Coarsegold 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 Coarsegold built between 2000 and later ( 35.84%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.62%). There's also some housing in Coarsegold built before 1939 ( 1.73%).
Vacant housing appears to be an issue in Coarsegold. Fully 17.45% of the housing stock is classified as vacant. Left unchecked, vacant Coarsegold homes and apartments can be a drag on the real estate market, holding Coarsegold real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Coarsegold's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Coarsegold during the period has been just 5.91%, which is lower than 70% of US communities.
Over the last year, Coarsegold appreciation rates have trailed the rest of the nation. In the last twelve months, Coarsegold's appreciation rate has been -3.89%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Coarsegold were at -1.65%, which equates to an annual appreciation rate of -6.45%.
Notably, Coarsegold's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that Coarsegold's latest annual appreciation rate is lower than 90% of the other cities and towns in California.
$471,858
for California
for nation
1,571
$2,604 / per month