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 220,328 people, 62,486 houses or apartments, and a median cost of homes of $488,144, San Bernardino real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in San Bernardino, accounting for 58.87% of the city's housing units. Other types of housing that are prevalent in San Bernardino include large apartment complexes or high rise apartments ( 23.48%), duplexes, homes converted to apartments or other small apartment buildings ( 7.53%), and a few mobile homes or trailers ( 6.89%).
People in San Bernardino primarily live in small (one, two or no bedroom) single-family detached homes. San Bernardino has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in San Bernardino 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 San Bernardino built between 1940-1969 ( 39.11%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.40%). There's also some housing in San Bernardino built before 1939 ( 7.64%).
In the last 10 years, San Bernardino has experienced some of the highest home appreciation rates of any community in the nation. San Bernardino real estate appreciated 159.84% over the last ten years, which is an average annual home appreciation rate of 10.02%, putting San Bernardino in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, San Bernardino 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, San Bernardino's appreciation rate, at 7.27%, has been at or slightly above the national average. In the latest quarter, San Bernardino's appreciation rate has been 2.37%, which annualizes to a rate of 9.83%.
Relative to California, our data show that San Bernardino's latest annual appreciation rate is higher than 60% 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 San Bernardino differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in San Bernardino - 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 San Bernardino real estate investment or home purchase decisions.
$488,144
for California
for nation
62,486
$2,335 / per month