The median housing value in Vallejo, CA is $502,500, which is significantly higher than the US median housing value of $338,100. Although house values have appreciated nationally by 8.27% over the last year, they have only increased by 5.52% in Vallejo, CA over the same time period. This suggests that even though Vallejo has a high median home price, it may not be as desirable a market for investors looking to quickly capitalize on appreciation.
The median home cost in Vallejo is $502,500. Home appreciation the last 10 years has been 141.5%. Home Appreciation in Vallejo is up 10.9%.
Average Age of Homes
- The median age of Vallejo real estate is 45 years old
The Rental Market in Vallejo
- Renters make up 37.8% of the Vallejo population
- 1.7% of houses and apartments in Vallejo, 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.