Glendale, CA is a desirable city with a median housing value of $1,046,500, which is more than three times the US median of $338,100. The 1-year appreciation rate for homes in Glendale is 13.90%, significantly higher than the US rate of 8.27%. This makes it an attractive option for people looking to buy or invest in real estate in the area. The high appreciation rate and the relatively high median value indicate that Glendale has a strong housing market.
The median home cost in Glendale is $1,046,500. Home appreciation the last 10 years has been 123.9%. Home Appreciation in Glendale is up 23.2%.
Average Age of Homes
- The median age of Glendale real estate is 54 years old
The Rental Market in Glendale
- Renters make up 60.4% of the Glendale population
- 1.8% of houses and apartments in Glendale, 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.