Housing in San Bernardino, CA County is very expensive compared to the US median value. The median value of homes in San Bernardino is $522,500, over $200,000 more than the US median of $338,100. This demonstrates how expensive it can be to purchase a home in this area. Furthermore, in the past year the appreciation rate for houses here has been 11.42%, which is much higher than the national one year appreciation rate of 8.27%. This indicates that housing prices in this county are continuing to increase at an impressive rate and will likely continue to do so into the foreseeable future.
The median home cost in San Bernardino County is $522,500. Home appreciation the last 10 years has been 177.1%. Home Appreciation in San Bernardino County is up 17.3%.
Average Age of Homes
- The median age of San Bernardino County real estate is 36 years old
The Rental Market in San Bernardino County
- Renters make up 33.8% of the San Bernardino County population
- 1.2% of houses and apartments in San Bernardino County, 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.