The housing median value in Lodi, CA is $479,100, which is substantially higher than the US house median value of $338,100. The US 1 year house appreciation rate is 8.27%, while the 1 year house appreciation rate in Lodi, CA is 4.70%. This means that although the housing in Lodi, CA is more expensive than the national average, prices are increasing at a slower rate compared to other cities. It appears that the Lodi housing market has become increasingly competitive in recent years and buyers may not be able to take advantage of as much price appreciation as they can find elsewhere.
The median home cost in Lodi is $479,100. Home appreciation the last 10 years has been 196.3%. Home Appreciation in Lodi is up 12.5%.
Average Age of Homes
- The median age of Lodi real estate is 43 years old
The Rental Market in Lodi
- Renters make up 43.9% of the Lodi population
- 1.4% of houses and apartments in Lodi, 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.