The housing median value in Searles Valley, CA (93562) is $65,900, which is significantly lower than the US house median value of $338,100. In the past year, the US house appreciation rate has been 8.27%, while the house appreciation rate in Searles Valley was only 3.84%. This indicates that home prices have grown at a slower rate compared to the national average. Despite this, it may still be an attractive area for potential buyers who want to invest in real estate and take advantage of low prices.
The median home cost in Searles Valley (zip 93562) is $65,900. Home appreciation the last 10 years has been 182.0%. Home Appreciation in Searles Valley (zip 93562) is up 11.6%.
Average Age of Homes
- The median age of Searles Valley (zip 93562) real estate is 61 years old
The Rental Market in Searles Valley (zip 93562)
- Renters make up 24.0% of the Searles Valley (zip 93562) population
- 3.9% of houses and apartments in Searles Valley (zip 93562), 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.