The housing market in Corcoran, CA is thriving. The median value of a home in the area is nearly $220,200, which is much lower than the US median value of $338,100. This is great news for prospective buyers who are looking to purchase an affordable home. Additionally, the 1 year house appreciation rate for Corcoran, CA is 10.98%, which is higher than the US average of 8.27%. These figures show that houses in Corcoran are increasing in value at a faster rate than other regions across the country. With favorable prices and strong appreciation rates, now could be a good time to buy a home in Corcoran.
The median home cost in Corcoran is $220,200. Home appreciation the last 10 years has been 134.8%. Home Appreciation in Corcoran is up 16.4%.
Average Age of Homes
- The median age of Corcoran real estate is 37 years old
The Rental Market in Corcoran
- Renters make up 53.1% of the Corcoran population
- 1.3% of houses and apartments in Corcoran, 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.