Arcadia, CA is known for its expensive housing market. The median value of a house in Arcadia is over $1.2 million, which is more than three times higher than the national median house value of $338,100. Over the past year, the appreciation rate of housing in Arcadia has been 11.31%, significantly higher than the 8.27% appreciation rate of US houses overall. This indicates that Arcadia has one of the most expensive and rapidly appreciating housing markets in the country.
The median home cost in Arcadia is $1,274,600. Home appreciation the last 10 years has been 113.1%. Home Appreciation in Arcadia is up 15.4%.
Average Age of Homes
- The median age of Arcadia real estate is 52 years old
The Rental Market in Arcadia
- Renters make up 37.4% of the Arcadia population
- 3.2% of houses and apartments in Arcadia, 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.