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 7,258, 2,324 total housing units (homes and apartments), and a median house value of $428,532, Pinon Hills real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Pinon Hills, accounting for 72.50% of the town's housing units. Other types of housing that are prevalent in Pinon Hills include mobile homes or trailers ( 24.02%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pinon Hills. Owner-occupied housing accounts for 79.97% of Pinon Hills's homes, and 74.23% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Pinon Hills 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 Pinon Hills built between 2000 and later ( 37.94%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.92%). There's also some housing in Pinon Hills built before 1939 ( 3.06%).
Vacant housing appears to be an issue in Pinon Hills. Fully 11.13% of the housing stock is classified as vacant. Left unchecked, vacant Pinon Hills homes and apartments can be a drag on the real estate market, holding Pinon Hills 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.
Appreciation rates for homes in Pinon Hills have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 109.03%, which ranks in the top 30% nationwide. This equates to an annual average Pinon Hills house appreciation rate of 7.65%.
Over the last year, Pinon Hills appreciation rates have trailed the rest of the nation. In the last twelve months, Pinon Hills's appreciation rate has been 1.43%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pinon Hills were at -0.42%, which equates to an annual appreciation rate of -1.69%.
Relative to California, our data show that Pinon Hills's latest annual appreciation rate is higher than 60% of the other cities and towns in California.
$428,532
for California
for nation
2,324
$3,007 / per month