The housing market in Burnt Ranch, CA is a great option for those looking to buy a home. The median value of homes in Burnt Ranch is $238,000 which is significantly lower than the US median value of $338,100. Despite being lower, the house appreciation rate has seen strong increases over the past year with an impressive 6.80% rise compared to the 8.27% appreciation rate nationally. This makes Burnt Ranch a great place for potential homeowners to invest in real estate and take advantage of the increasing value of their home investment.
The median home cost in Burnt Ranch is $238,000. Home appreciation the last 10 years has been 101.2%. Home Appreciation in Burnt Ranch is up 16.5%.
Average Age of Homes
- The median age of Burnt Ranch real estate is 41 years old
The Rental Market in Burnt Ranch
- Renters make up 22.3% of the Burnt Ranch population
- 2.3% of houses and apartments in Burnt Ranch, 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.