The housing market in Camarillo, CA is doing well overall. The median value of a home in the city is $756,000, which is significantly higher than the US House median value of $338,100. Furthermore, while the one year house appreciation rate for the US was 8.27%, the one year house appreciation rate for Camarillo was 4.19%. This indicates that the local housing market is still growing and has not reached an unsustainable peak. Moreover, it suggests that real estate investments in this area would be relatively safe and profitable in the long run.
The median home cost in Camarillo is $756,000. Home appreciation the last 10 years has been 118.4%. Home Appreciation in Camarillo is up 14.4%.
Average Age of Homes
- The median age of Camarillo real estate is 37 years old
The Rental Market in Camarillo
- Renters make up 28.8% of the Camarillo population
- 1.4% of houses and apartments in Camarillo, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.