Solvang, CA has a median housing value of $1,112,100, which is much higher than the US median value of $338,100. In the past year, the US housing appreciation rate was 8.27%, while Solvang's was 11.64%, indicating that it is a desirable place for homebuyers to invest in property and see a positive return on their investment. The high median value and strong appreciation rate demonstrate that Solvang is an attractive market for buyers looking to purchase or invest in real estate.
The median home cost in Solvang is $1,112,100. Home appreciation the last 10 years has been 119.8%. Home Appreciation in Solvang is up 14.2%.
Average Age of Homes
- The median age of Solvang real estate is 42 years old
The Rental Market in Solvang
- Renters make up 43.7% of the Solvang population
- 0.0% of houses and apartments in Solvang, 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.