The housing market in Grimes, CA is significantly below the national median value. According to recent estimates, the housing median value in Grimes is around $238,600 while the US house median value is approximately $338,100. While the US one year house appreciation rate was 8.27%, the one year appreciation rate of homes in Grimes was much lower at 3.09%. Despite this lower appreciation rate, many people are likely to find more affordable prices in Grimes than elsewhere in California and make it an attractive option for first time homebuyers or those looking for a new residence.
The median home cost in Grimes is $238,600. Home appreciation the last 10 years has been 129.9%. Home Appreciation in Grimes is up 9.0%.
Average Age of Homes
- The median age of Grimes real estate is 52 years old
The Rental Market in Grimes
- Renters make up 70.7% of the Grimes population
- 0.0% of houses and apartments in Grimes, 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.