The housing market in Marina, CA is quite expensive compared to the national median value. The median value of a home in Marina is $798,900 while the US median value is $338,100. Although the house appreciation rate for Marina was slightly lower than the national rate of 8.27%, it still saw a 7.8% increase in the last year. This reflects how desirable homes in this area are deemed to be and can be attributed to its location near beaches and other attractions that draw people from all over. Marina has become an attractive place to live with its access to amenities and price point that many cannot find elsewhere.
The median home cost in Marina is $798,900. Home appreciation the last 10 years has been 157.7%. Home Appreciation in Marina is up 14.7%.
Average Age of Homes
- The median age of Marina real estate is 42 years old
The Rental Market in Marina
- Renters make up 53.8% of the Marina population
- 1.4% of houses and apartments in Marina, 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.