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 14,696 people, 5,464 houses or apartments, and a median cost of homes of $1,045,719, real estate costs in Alpine are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.
Single-family detached homes are the single most common housing type in Alpine, accounting for 71.23% of the town's housing units. Other types of housing that are prevalent in Alpine include large apartment complexes or high rise apartments ( 16.36%), mobile homes or trailers ( 4.95%), and a few row houses and other attached homes ( 4.09%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Alpine. Owner-occupied housing accounts for 70.24% of Alpine's homes, and 60.88% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Alpine 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 Alpine built between 2000 and later ( 16.16%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.31%). There's also some housing in Alpine built before 1939 ( 2.59%).
Appreciation rates for homes in Alpine have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 99.91%, which ranks in the top 40% nationwide. This equates to an annual average Alpine house appreciation rate of 7.17%.
Appreciation rates are so strong in Alpine that despite a nationwide downturn in the housing market, Alpine real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Alpine appreciation rates continue to be some of the highest in America, at 10.67%, which is higher than appreciation rates in 89.97% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Alpine. Alpine appreciation rates in the latest quarter were at 2.65%, which equates to an annual appreciation rate of 11.01%.
Relative to California, our data show that Alpine's latest annual appreciation rate is higher than 90% of the other cities and towns in California.
$1,045,719
for California
for nation
5,464
$4,538 / per month