The housing market in Borrego Springs, CA is flourishing. The median value for a home in Borrego Springs is $337,100 which is slightly lower than the US median value of $338,100. The one year house appreciation rate for Borrego Springs is 8.15%, nearly matching the national average of 8.27%. This indicates that the housing market in Borrego Springs is growing and healthy and that there are plenty of opportunities for people looking to purchase a home in this beautiful area.
The median home cost in Borrego Springs is $337,100. Home appreciation the last 10 years has been 134.1%. Home Appreciation in Borrego Springs is up 16.4%.
Average Age of Homes
- The median age of Borrego Springs real estate is 34 years old
The Rental Market in Borrego Springs
- Renters make up 16.9% of the Borrego Springs population
- 1.6% of houses and apartments in Borrego Springs, 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.