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 12,389, 3,664 total housing units (homes and apartments), and a median house value of $284,823, Tehachapi real estate values are some of the lowest in California, although compared to real estate around the nation, Tehachapi homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Tehachapi, accounting for 76.19% of the city's housing units. Other types of housing that are prevalent in Tehachapi include mobile homes or trailers ( 7.86%), duplexes, homes converted to apartments or other small apartment buildings ( 7.54%), and a few large apartment complexes or high rise apartments ( 6.53%).
The most prevalent building size and type in Tehachapi are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 44.16% owning and 55.84% renting.
There is a lot of housing in Tehachapi 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 Tehachapi built between 2000 and later ( 28.14%). A lesser amount of the housing stock also hails from between 1940-1969 ( 26.56%). There's also some housing in Tehachapi built before 1939 ( 3.88%).
In the last 10 years, Tehachapi has experienced some of the highest home appreciation rates of any community in the nation. Tehachapi real estate appreciated 120.14% over the last ten years, which is an average annual home appreciation rate of 8.21%, putting Tehachapi in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Tehachapi definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Tehachapi that despite a nationwide downturn in the housing market, Tehachapi real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Tehachapi appreciation rates continue to be some of the highest in America, at 8.77%, which is higher than appreciation rates in 78.78% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Tehachapi. Tehachapi appreciation rates in the latest quarter were at -0.94%, which equates to an annual appreciation rate of -3.71%.
Notably, Tehachapi's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that Tehachapi's latest annual appreciation rate is higher than 70% 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 Tehachapi differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Tehachapi - 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 Tehachapi real estate investment or home purchase decisions.
$284,823
for California
for nation
3,664
$2,120 / per month