East Palo Alto, CA has an impressive housing median value of $949,500 compared to the US House Median Value of $338,100. This is a testament to the strong housing market in this region. Furthermore, East Palo Alto has seen an even higher 1-year house appreciation rate than the national average at 13.07%, as compared to 8.27%. This indicates that East Palo Alto's attractive housing market and high demand for properties make it a desirable place to live in and invest in.
The median home cost in East Palo Alto is $949,500. Home appreciation the last 10 years has been 73.2%. Home Appreciation in East Palo Alto is up 23.8%.
Average Age of Homes
- The median age of East Palo Alto real estate is 49 years old
The Rental Market in East Palo Alto
- Renters make up 58.8% of the East Palo Alto population
- 3.9% of houses and apartments in East Palo Alto, 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.