La Verne, CA is a great place to invest in real estate because the median value of housing in this area is $833,600, which is significantly higher than the US median house value of $338,100. Furthermore, the US 1 year house appreciation rate was 8.27%, while La Verne's was even higher at 9.53%. This suggests that the market for homes in La Verne is healthy and houses are likely to appreciate over time.
The median home cost in La Verne is $833,600. Home appreciation the last 10 years has been 130.1%. Home Appreciation in La Verne is up 17.2%.
Average Age of Homes
- The median age of La Verne real estate is 42 years old
The Rental Market in La Verne
- Renters make up 25.7% of the La Verne population
- 0.3% of houses and apartments in La Verne, 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.