Loomis, CA is an affluent and desirable area to live in due to its high housing median value of $794,200 compared to the US House Median Value of $338,100. This amount is more than double the national average, which indicates a high demand for homes in this area. Despite this, the house 1 year appreciation in Loomis, CA was only 3.56%, compared to 8.27% nationally. While still above average, this trend indicates that houses may not be increasing in value as quickly as they are elsewhere in the country.
The median home cost in Loomis is $794,200. Home appreciation the last 10 years has been 147.6%. Home Appreciation in Loomis is up 9.7%.
Average Age of Homes
- The median age of Loomis real estate is 35 years old
The Rental Market in Loomis
- Renters make up 21.4% of the Loomis population
- 0.0% of houses and apartments in Loomis, 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.