EL MONTE HOUSING MARKET INFORMATION With 103,794 people, 29,540 houses or apartments, and a median cost of homes of $810,498, real estate costs in El Monte 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 El Monte, accounting for 54.06% of the city's housing units. Other types of housing that are prevalent in El Monte include large apartment complexes or high rise apartments ( 23.61%), row houses and other attached homes ( 9.30%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.15%). People in El Monte primarily live in small (one, two or no bedroom) single-family detached homes. El Monte has a mixture of owner-occupied and renter-occupied housing. 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. El Monte's housing was primarily built during this period, from the '40s through the '60s. A full 47.84% of the city's housing hails from this era. Other housing ages represented in El Monte include homes built between 1970-1999 ( 31.82%) and housing constructed between 2000 and later ( 11.46%). There's also some housing in El Monte built before 1939 ( 8.87%). EL MONTE HOME APPRECIATION RATES Appreciation rates for homes in El Monte 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 97.50%, which ranks in the top 50% nationwide. This equates to an annual average El Monte house appreciation rate of 7.04%. 蘑菇视频's data show that during the latest twelve months, El Monte's appreciation rate, at 8.45%, has been at or slightly above the national average. In the latest quarter, El Monte's appreciation rate has been 1.60%, which annualizes to a rate of 6.54%. Relative to California, our data show that El Monte's latest annual appreciation rate is higher than 70% 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 El Monte differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in El Monte - 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 El Monte real estate investment or home purchase decisions.