The housing market in Cherryland, CA is significantly higher than the national average, with a median home value of $654,700 compared to the US median value of $338,100. Despite this high cost of housing, the area has experienced moderate house appreciation over the past year at 5.52%, which is lower than the national average of 8.27%. This slower rate of appreciation may indicate that although housing prices in Cherryland are higher than average, they may be stabilizing or beginning to cool off.
The median home cost in Cherryland is $654,700. Home appreciation the last 10 years has been 141.5%. Home Appreciation in Cherryland is up 10.9%.
Average Age of Homes
- The median age of Cherryland real estate is 57 years old
The Rental Market in Cherryland
- Renters make up 54.6% of the Cherryland population
- 0.8% of houses and apartments in Cherryland, 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.