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 14,554, 3,746 total housing units (homes and apartments), and a median house value of $273,344, Parlier real estate values are some of the lowest in California, although compared to real estate around the nation, Parlier homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Parlier, accounting for 61.97% of the city's housing units. Other types of housing that are prevalent in Parlier include large apartment complexes or high rise apartments ( 18.16%), duplexes, homes converted to apartments or other small apartment buildings ( 14.65%), and a few mobile homes or trailers ( 3.18%).
The most prevalent building size and type in Parlier are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 47.33% owning and 52.67% renting.
There is a lot of housing in Parlier 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 Parlier built between 2000 and later ( 29.43%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.35%). There's also some housing in Parlier built before 1939 ( 6.77%).
Appreciation rates for homes in Parlier have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 100.99%, which ranks in the top 40% nationwide. This equates to an annual average Parlier house appreciation rate of 7.23%.
Over the last year, Parlier appreciation rates have trailed the rest of the nation. In the last twelve months, Parlier's appreciation rate has been 1.44%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Parlier were at 1.59%, which equates to an annual appreciation rate of 6.53%.
Relative to California, our data show that Parlier's latest annual appreciation rate is lower than 70% of the other cities and towns in California.
$273,344
for California
for nation
3,746
$1,693 / per month