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 13,707, 3,447 total housing units (homes and apartments), and a median house value of $276,348, Susanville real estate values are some of the lowest in California, although compared to real estate around the nation, Susanville homes are still considered rather expensive.
Single-family detached homes are the single most common housing type in Susanville, accounting for 70.64% of the city's housing units. Other types of housing that are prevalent in Susanville include large apartment complexes or high rise apartments ( 13.55%), duplexes, homes converted to apartments or other small apartment buildings ( 9.80%), and a few mobile homes or trailers ( 4.61%).
Renters dominate Susanville's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.
There is a lot of housing in Susanville 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 Susanville built between 1940-1969 ( 34.43%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.13%). There's also some housing in Susanville built before 1939 ( 13.44%).
Vacant housing appears to be an issue in Susanville. Fully 17.60% of the housing stock is classified as vacant. Left unchecked, vacant Susanville homes and apartments can be a drag on the real estate market, holding Susanville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Susanville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Susanville during the period has been just 5.39%, which is lower than 70% of US communities.
Over the last year, Susanville appreciation rates have trailed the rest of the nation. In the last twelve months, Susanville's appreciation rate has been -2.16%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Susanville were at 0.00%, which equates to an annual appreciation rate of 0.00%.
Notably, Susanville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that Susanville's latest annual appreciation rate is lower than 90% of the other cities and towns in California.
$276,348
for California
for nation
3,447
$1,346 / per month