The housing market in Mountain View, CA is booming. The median value of a house is $1,773,700, which is more than five times higher than the national median value of $338,100. Not only that, but the one year appreciation rate for houses in Mountain View is 8.61%, which is higher than the national average of 8.27%. This indicates that houses are increasing in value at a faster rate in Mountain View than in most other areas of the United States. With such a high median value and an impressive appreciation rate, it's no wonder why people are clamoring to buy homes in Mountain View.
The median home cost in Mountain View is $1,773,700. Home appreciation the last 10 years has been 88.1%. Home Appreciation in Mountain View is up 13.3%.
Average Age of Homes
- The median age of Mountain View real estate is 45 years old
The Rental Market in Mountain View
- Renters make up 55.9% of the Mountain View population
- 5.2% of houses and apartments in Mountain View, 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.