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 8,418, 2,297 total housing units (homes and apartments), and a median house value of $308,840, Firebaugh real estate values are some of the lowest in California, although compared to real estate around the nation, Firebaugh homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Firebaugh, accounting for 64.12% of the city's housing units. Other types of housing that are prevalent in Firebaugh include large apartment complexes or high rise apartments ( 16.01%), duplexes, homes converted to apartments or other small apartment buildings ( 11.68%), and a few row houses and other attached homes ( 4.59%).
The most prevalent building size and type in Firebaugh are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 48.04% owning and 51.96% renting.
There is a lot of housing in Firebaugh 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 Firebaugh built between 2000 and later ( 30.23%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.56%).
In the last 10 years, Firebaugh has experienced some of the highest home appreciation rates of any community in the nation. Firebaugh real estate appreciated 120.79% over the last ten years, which is an average annual home appreciation rate of 8.24%, putting Firebaugh in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Firebaugh definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Firebaugh appreciation rates have trailed the rest of the nation. In the last twelve months, Firebaugh's appreciation rate has been 3.83%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Firebaugh were at 1.59%, which equates to an annual appreciation rate of 6.53%.
Relative to California, our data show that Firebaugh's latest annual appreciation rate is lower than 60% of the other cities and towns in California.
$308,840
$1,220 / per month