Housing in Santa Clara, CA is incredibly expensive. The median value of homes in the city is $1,438,500, significantly higher than the US median house value of $338,100. While all housing markets across the United States are experiencing an appreciation with a rate of 8.27%, Santa Clara homes have experienced an even higher rate of appreciation at 7.64%. While buying a home in Santa Clara may be expensive, it appears that their investment will continue to pay off in the near future.
The median home cost in Santa Clara is $1,438,500. Home appreciation the last 10 years has been 105.8%. Home Appreciation in Santa Clara is up 11.9%.
Average Age of Homes
- The median age of Santa Clara real estate is 47 years old
The Rental Market in Santa Clara
- Renters make up 52.4% of the Santa Clara population
- 3.5% of houses and apartments in Santa Clara, 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.