The housing market in the Visalia-Porterville, CA Metro Area is an attractive option for buyers looking to invest in real estate. The median value for houses is $308,500, significantly lower than the US median value of $338,100. Although house appreciation has been on the rise in both the US and Visalia-Porterville Metro Area, with a 1 year appreciation rate of 8.27% and 7.42%, respectively, it is still more affordable to purchase a home in this area than other parts of the country. This makes the Visalia-Porterville Metro Area a great option for those wanting to get into real estate investment without breaking the bank.
The median home cost in Visalia Metro Area is $308,500. Home appreciation the last 10 years has been 135.7%. Home Appreciation in Visalia Metro Area is up 16.3%.
Average Age of Homes
- The median age of Visalia Metro Area real estate is 37 years old
The Rental Market in Visalia Metro Area
- Renters make up 39.4% of the Visalia Metro Area population
- 0.9% of houses and apartments in Visalia 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.