Salinas, CA is an expensive place to live when it comes to housing. The median value of a house in Salinas is $665,400 compared to the US median value of $338,100. That's almost double. Additionally, over the last year, home appreciation in Salinas has been around 7.80%. This is slightly lower than the national average of 8.27%, however it still shows that homes are becoming increasingly valuable in the area.
The median home cost in Salinas is $665,400. Home appreciation the last 10 years has been 157.7%. Home Appreciation in Salinas is up 14.7%.
Average Age of Homes
- The median age of Salinas real estate is 42 years old
The Rental Market in Salinas
- Renters make up 54.6% of the Salinas population
- 0.9% of houses and apartments in Salinas, 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.