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 2,811 people, 1,252 houses or apartments, and a median cost of homes of $384,530, Weed real estate values are some of the lowest in California, although compared to real estate around the nation, Weed homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Weed, accounting for 55.63% of the city's housing units. Other types of housing that are prevalent in Weed include large apartment complexes or high rise apartments ( 21.21%), duplexes, homes converted to apartments or other small apartment buildings ( 16.78%), and a few mobile homes or trailers ( 6.39%).
People in Weed primarily live in small (one, two or no bedroom) single-family detached homes. Weed has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Weed 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 Weed built between 1940-1969 ( 24.26%). A lesser amount of the housing stock also hails from before 1939 ( 17.86%). There's also some housing in Weed built between 2000 and later ( 9.95%).
Real estate appreciation rates in Weed's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.42% during the period.
Over the last year, Weed appreciation rates have trailed the rest of the nation. In the last twelve months, Weed's appreciation rate has been -0.92%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Weed were at 0.00%, which equates to an annual appreciation rate of 0.00%.
Notably, Weed's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that Weed's latest annual appreciation rate is lower than 80% of the other cities and towns in California.
$384,530
for California
for nation
1,252
$1,133 / per month