Temecula, CA has seen a steady increase in the median value of housing over the past year, with the median value sitting at $686,100. This is significantly higher than the national median value of $338,100 and also reflects a slightly higher house appreciation rate (9.15%) than the national average (8.27%) during that same time period. The steady rise of housing values in Temecula indicates confidence from prospective buyers and investors that the market will remain stable and provide good returns on investment in the future.
The median home cost in Temecula is $686,100. Home appreciation the last 10 years has been 193.0%. Home Appreciation in Temecula is up 17.4%.
Average Age of Homes
- The median age of Temecula real estate is 20 years old
The Rental Market in Temecula
- Renters make up 32.0% of the Temecula population
- 2.5% of houses and apartments in Temecula, 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.