The housing market in Ballico, CA is quite robust. The median value of a house here is $706,100, which is more than double the US House Median Value of $338,100. While the US 1 year House Appreciation rate was 8.27%, the corresponding rate in Ballico was 3.39%. This shows that the housing market in Ballico is quite strong and resilient to economic fluctuations. There are many buyers interested in investing in property here and this has resulted in an appreciation rate that is lower than the national average but still healthy enough to keep prices up.
The median home cost in Ballico is $706,100. Home appreciation the last 10 years has been 187.4%. Home Appreciation in Ballico is up 11.1%.
Average Age of Homes
- The median age of Ballico real estate is 40 years old
The Rental Market in Ballico
- Renters make up 32.8% of the Ballico population
- 0.0% of houses and apartments in Ballico, 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.