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 11,550 people, 4,152 houses or apartments, and a median cost of homes of $1,224,349, Los Alamitos house prices are not only among the most expensive in California, Los Alamitos real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Los Alamitos, accounting for 44.71% of the city's housing units. Other types of housing that are prevalent in Los Alamitos include large apartment complexes or high rise apartments ( 23.90%), duplexes, homes converted to apartments or other small apartment buildings ( 20.67%), and a few row houses and other attached homes ( 8.66%).
People in Los Alamitos primarily live in small (one, two or no bedroom) single-family detached homes. Los Alamitos has a mixture of owner-occupied and renter-occupied housing.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Los Alamitos's housing was primarily built during this period, from the '40s through the '60s. A full 51.69% of the city's housing hails from this era. Other housing ages represented in Los Alamitos include homes built between 1970-1999 ( 39.24%) and housing constructed between 2000 and later ( 8.24%).
Los Alamitos's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Los Alamitos during the period has been just 5.09%, which is lower than 80% of US communities.
Appreciation rates are so strong in Los Alamitos that despite a nationwide downturn in the housing market, Los Alamitos real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Los Alamitos appreciation rates continue to be some of the highest in America, at 9.97%, which is higher than appreciation rates in 87.15% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Los Alamitos. Los Alamitos appreciation rates in the latest quarter were at 2.09%, which equates to an annual appreciation rate of 8.62%.
Relative to California, our data show that Los Alamitos'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 Los Alamitos differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Los Alamitos - 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 Los Alamitos real estate investment or home purchase decisions.
$1,224,349
for California
for nation
4,152
$3,974 / per month