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 212,475 people, 55,856 houses or apartments, and a median cost of homes of $639,901, real estate costs in Fontana 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 Fontana, accounting for 77.62% of the city's housing units. Other types of housing that are prevalent in Fontana include large apartment complexes or high rise apartments ( 13.92%), row houses and other attached homes ( 3.03%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.93%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fontana. Owner-occupied housing accounts for 66.43% of Fontana's homes, and 68.20% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Fontana 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 Fontana built between 2000 and later ( 28.51%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.55%). There's also some housing in Fontana built before 1939 ( 1.66%).
In the last 10 years, Fontana has experienced some of the highest home appreciation rates of any community in the nation. Fontana real estate appreciated 116.57% over the last ten years, which is an average annual home appreciation rate of 8.03%, putting Fontana in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fontana definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Fontana's appreciation rate, at 6.10%, has been at or slightly above the national average. In the latest quarter, Fontana's appreciation rate has been 2.37%, which annualizes to a rate of 9.83%.
Relative to California, our data show that Fontana's latest annual appreciation rate is higher than 50% 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 Fontana differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fontana - 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 Fontana real estate investment or home purchase decisions.
$639,901
for California
for nation
55,856
$3,078 / per month