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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Corte Madera, CA Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Corte Madera, CA Housing Market Trends

With 3,335 people, 4,023 houses or apartments, and a median cost of homes of $1,860,401, Corte Madera house prices are not only among the most expensive in California, Corte Madera real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Corte Madera, accounting for 69.44% of the town's housing units. Other types of housing that are prevalent in Corte Madera include large apartment complexes or high rise apartments ( 17.91%), row houses and other attached homes ( 7.90%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.75%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Corte Madera. Owner-occupied housing accounts for 69.51% of Corte Madera's homes, and 64.95% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Corte Madera's housing was primarily built during this period, from the '40s through the '60s. A full 57.23% of the town's housing hails from this era. Other housing ages represented in Corte Madera include homes built between 1970-1999 ( 20.67%) and housing constructed before 1939 ( 11.21%). There's also some housing in Corte Madera built between 2000 and later ( 10.89%).

Corte Madera Home Appreciation Rates

Real estate appreciation rates in Corte Madera's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.24% during the period.

Over the last year, Corte Madera appreciation rates have trailed the rest of the nation. In the last twelve months, Corte Madera's appreciation rate has been 4.33%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Corte Madera were at 2.58%, which equates to an annual appreciation rate of 10.71%.

Relative to California, our data show that Corte Madera's latest annual appreciation rate is lower than 60% of the other cities and towns in California.

Average Home Values

Median Home Value

$1,860,401

Corte Madera, CA Home Prices
> $1,068,000
$801,001 - $1,068,000
$534,001 - $801,000
$427,001 - $534,000
$320,001 - $427,000
$214,001 - $320,000
$107,001 - $214,000
$53,001 - $107,000
$0 - $53,000
87.6%
87.6%
6.5%
6.5%
0.8%
0.8%
1.1%
1.1%
2.4%
2.4%
0.1%
0.1%
1.4%
1.4%
0.0%
0.0%
0.1%
0.1%
0% 100.0%
% of Homes
Very High

for California

Very High

for nation

Number of Homes And Apartments:

4,023

Corte Madera Appreciation Rates

Rent & Ownership

Average Market Rent:

$5,376 / per month

Homeownership Rate

Owners
Renters
69.5%
69.5%
30.5%
30.5%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
1.9%
1.9%
98.1%
98.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
10.9%
10.9%
20.7%
20.7%
57.2%
57.2%
11.2%
11.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
69.4%
69.4%
7.9%
7.9%
4.8%
4.8%
17.9%
17.9%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.4%
0.4%
9.8%
9.8%
23.6%
23.6%
41.1%
41.1%
23.9%
23.9%
1.2%
1.2%
0% 100.0%
% of Homes