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 81,059 people, 34,516 houses or apartments, and a median cost of homes of $2,213,510, Mountain View house prices are not only among the most expensive in California, Mountain View real estate also is some of the most expensive in all of America.
Large apartment complexes or high rise apartments are the single most common housing type in Mountain View, accounting for 48.59% of the city's housing units. Other types of housing that are prevalent in Mountain View include single-family detached homes ( 26.59%), row houses and other attached homes ( 13.83%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.60%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
People in Mountain View primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Mountain View has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Mountain View 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 Mountain View built between 1940-1969 ( 38.81%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.01%). There's also some housing in Mountain View built before 1939 ( 3.54%).
Appreciation rates for homes in Mountain View have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 97.84%, which ranks in the top 40% nationwide. This equates to an annual average Mountain View house appreciation rate of 7.06%.
Appreciation rates are so strong in Mountain View that despite a nationwide downturn in the housing market, Mountain View real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Mountain View appreciation rates continue to be some of the highest in America, at 10.00%, which is higher than appreciation rates in 87.28% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Mountain View. Mountain View appreciation rates in the latest quarter were at 1.78%, which equates to an annual appreciation rate of 7.33%.
Relative to California, our data show that Mountain View's latest annual appreciation rate is higher than 80% 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 Mountain View differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Mountain View - 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 Mountain View real estate investment or home purchase decisions.
$2,213,510
for California
for nation
34,516
$4,585 / per month