Salinas Metro Area, CA Housing

The housing market in Salinas, CA Metro Area is doing well compared to the rest of the United States. The median value of houses in the area is currently at $764,900 and has appreciated by 7.56% in the last year, which is higher than the 8.27% appreciation rate experienced nationally. These numbers show that real estate investments in Salinas are proving to be sound and profitable.

The median home cost in Salinas Metro Area is $764,900. Home appreciation the last 10 years has been 155.5%. Home Appreciation in Salinas Metro Area is up 14.6%.

Average Age of Homes

- The median age of Salinas Metro Area real estate is 44 years old

The Rental Market in Salinas Metro Area

- Renters make up 45.2% of the Salinas Metro Area population
- 1.5% of houses and apartments in Salinas Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Salinas, California	United States
	143,094.0	139,647,020.0
	47	42
	$764,900	$338,100
	14.6%	16.6%
	54.8%	57.0%
	155.5%	101.1%
	$6.99	$10.98
	$4,168	$2,690
	47.0%	57.4%
	9.2%	11.2%
	43.9%	31.4%
Vacant Housing
	1.5%	1.9%
	0.2%	0.4%
	0.4%	0.7%
	0.3%	0.4%
	4.3%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	0.9%	2.4%
	0.7%	2.8%
	0.9%	3.9%
	0.7%	4.5%
	1.2%	11.3%
	0.9%	13.0%
	4.5%	20.1%
	10.6%	13.6%
	16.3%	8.3%
	30.6%	9.7%
	15.1%	3.9%
	8.2%	2.2%
	3.4%	0.8%
	4.5%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	9.0%	13.6%
	9.0%	13.6%
	12.6%	13.6%
	13.8%	13.2%
	18.5%	14.8%
	12.6%	13.6%
	14.1%	10.0%
	6.5%	4.7%
	7.1%	12.2%

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