El Monte, CA is a city in Los Angeles County that has seen a steady increase in housing median value over the past year. According to data from 2019, the median value of a house was $689,100, which is substantially higher than the national median value of $338,100. This difference can be attributed to the 9.53% appreciation El Monte saw from 2018-2019, compared to the 8.27% national appreciation. The area is an attractive choice for homeowners and renters alike due to its high property values and growth rate.
The median home cost in El Monte is $689,100. Home appreciation the last 10 years has been 130.1%. Home Appreciation in El Monte is up 17.2%.
Average Age of Homes
- The median age of El Monte real estate is 54 years old
The Rental Market in El Monte
- Renters make up 55.6% of the El Monte population
- 1.2% of houses and apartments in El Monte, 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.