Ontario, CA is a desirable place to live due to its attractive housing market. The median value of a house in Ontario is $579,500, which is significantly higher than the national median value of $338,100. This reflects the area's popularity with buyers. Furthermore, the appreciation rate for homes over a one-year period in Ontario was 9.53%, which was higher than the national rate of 8.27%. This indicates that the value of property in Ontario has been increasing at an above-average rate over the last year. With its high quality housing and positive appreciation rates, Ontario remains an attractive option for homebuyers.
The median home cost in Ontario is $579,500. Home appreciation the last 10 years has been 130.1%. Home Appreciation in Ontario is up 17.2%.
Average Age of Homes
- The median age of Ontario real estate is 41 years old
The Rental Market in Ontario
- Renters make up 42.1% of the Ontario population
- 1.1% of houses and apartments in Ontario, 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.