Mission Viejo, CA is an expensive place to own a home. The median value of homes in Mission Viejo is $943,700, far above the US median of $338,100. In the last year alone, house appreciation in Mission Viejo has been 14.67%, much higher than the US average of 8.27%. This indicates that housing values in Mission Viejo are climbing rapidly and making it a desirable area to live.
The median home cost in Mission Viejo is $943,700. Home appreciation the last 10 years has been 109.2%. Home Appreciation in Mission Viejo is up 22.3%.
Average Age of Homes
- The median age of Mission Viejo real estate is 37 years old
The Rental Market in Mission Viejo
- Renters make up 22.2% of the Mission Viejo population
- 1.4% of houses and apartments in Mission Viejo, 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.