Stockton, CA

Population: 302,389
Average annual home appreciation rate: 13.27%
Total of homes for sale in this market: 52
Median home price: $248,402
Median Rent: $1,072 per room
Home price range: 44.74% of homes are between $149,001 – $298,000
Median sales price: $199,000
Number of homes: 942
Median foreclosure sales price: $142,700
Foreclosure discount: 28%
Most common home type: 65.86% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 9.64%
Number of renters: 49.93%
Number of owner occupied: 50.07%
Number people living below poverty level: 24.34%
Unemployment rate: 8.80%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Stockton area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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