The housing market in Furnace Creek, CA is an attractive option for many potential homebuyers. With a median value of $47,100, it is significantly lower than the US median value of $338,100. Furthermore, in the last year there has been a 10.27% appreciation rate for houses in Furnace Creek compared to 8.27% for the US as a whole. This suggests that now may be an ideal time to invest in the area as property values are likely to increase further in the near future.
The median home cost in Furnace Creek is $47,100. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Furnace Creek is up 16.6%.
Average Age of Homes
- The median age of Furnace Creek real estate is 38 years old
The Rental Market in Furnace Creek
- Renters make up 36.6% of the Furnace Creek population
- 9.6% of houses and apartments in Furnace Creek, 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.