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 12,618 people, 3,068 houses or apartments, and a median cost of homes of $320,668, Mendota real estate values are some of the lowest in California, although compared to real estate around the nation, Mendota homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Mendota, accounting for 63.17% of the city's housing units. Other types of housing that are prevalent in Mendota include duplexes, homes converted to apartments or other small apartment buildings ( 17.36%), large apartment complexes or high rise apartments ( 14.72%), and a few row houses and other attached homes ( 2.67%).
The most prevalent building size and type in Mendota are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 45.60% owning and 54.40% renting.
There is a lot of housing in Mendota 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 Mendota built between 2000 and later ( 40.33%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.39%).
In the last 10 years, Mendota has experienced some of the highest home appreciation rates of any community in the nation. Mendota real estate appreciated 118.55% over the last ten years, which is an average annual home appreciation rate of 8.13%, putting Mendota in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Mendota 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, Mendota appreciation rates have trailed the rest of the nation. In the last twelve months, Mendota's appreciation rate has been 1.97%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mendota were at 1.59%, which equates to an annual appreciation rate of 6.53%.
Relative to California, our data show that Mendota's latest annual appreciation rate is lower than 70% of the other cities and towns in California.
$320,668
for California
for nation
3,068
$1,289 / per month