Cedar Ridge, CA is a great place to buy a house. The median value of housing in the area is $364,400, which is slightly higher than the US average median house value of $338,100. Over the past year, the US housing appreciation rate was 8.27%, while Cedar Ridge saw an appreciation rate of 3.39%. This lower appreciation rate means that homeowners in Cedar Ridge may be able to purchase a home for less than it would cost them elsewhere and still gain some equity over time. Moreover, homebuyers in this area benefit from reliable access to resources and amenities in the local community.
The median home cost in Cedar Ridge is $364,400. Home appreciation the last 10 years has been 187.4%. Home Appreciation in Cedar Ridge is up 11.1%.
Average Age of Homes
- The median age of Cedar Ridge real estate is 35 years old
The Rental Market in Cedar Ridge
- Renters make up 7.0% of the Cedar Ridge population
- 0.0% of houses and apartments in Cedar Ridge, 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.