Alhambra, CA is a desirable place to live with its housing median value at $850,600, which is over twice the US national median value of $338,100. In addition to being significantly higher than the US median value, Alhambra also experienced a 1 year house appreciation rate of 10.67%, which was higher than the 8.27% appreciation across the country. This makes Alhambra an attractive option for those looking to find a home and have it increase in value in the near term.
The median home cost in Alhambra is $850,600. Home appreciation the last 10 years has been 114.1%. Home Appreciation in Alhambra is up 17.9%.
Average Age of Homes
- The median age of Alhambra real estate is 59 years old
The Rental Market in Alhambra
- Renters make up 56.8% of the Alhambra population
- 1.1% of houses and apartments in Alhambra, 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.