BUENA PARK HOUSING MARKET INFORMATION With 81,958 people, 24,199 houses or apartments, and a median cost of homes of $998,877, real estate costs in Buena Park 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 Buena Park, accounting for 57.75% of the city's housing units. Other types of housing that are prevalent in Buena Park include large apartment complexes or high rise apartments ( 24.04%), row houses and other attached homes ( 9.02%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.47%). The most prevalent building size and type in Buena Park are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.38% owning and 44.62% renting. At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Buena Park's housing was primarily built during this period, from the '40s through the '60s. A full 55.58% of the city's housing hails from this era. Other housing ages represented in Buena Park include homes built between 1970-1999 ( 33.48%) and housing constructed between 2000 and later ( 8.85%). There's also some housing in Buena Park built before 1939 ( 2.10%). BUENA PARK HOME APPRECIATION RATES Appreciation rates for homes in Buena Park have been tracking above average for the last ten years, according to 蘑菇视频 data. The cumulative appreciation rate over the ten years has been 96.32%, which ranks in the top 50% nationwide. This equates to an annual average Buena Park house appreciation rate of 6.98%. 蘑菇视频's data show that during the latest twelve months, Buena Park's appreciation rate, at 8.45%, has been at or slightly above the national average. In the latest quarter, Buena Park's appreciation rate has been 1.60%, which annualizes to a rate of 6.54%. Relative to California, our data show that Buena Park's latest annual appreciation rate is higher than 80% 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 Buena Park differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Buena Park - 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 Buena Park real estate investment or home purchase decisions.