The housing market in Homestead Valley, CA is a thriving one. The median value of homes in the area is $177,300, much lower than the US median value of $338,100. Despite this gap in price, the area has seen an impressive 14.80% appreciation in home values over the last year, which far surpasses the 8.27% nationwide average for 1-year house appreciation. This shows that even with a lower price tag than many other areas of the country, Homestead Valley still offers great potential for real estate investors and homeowners alike.
The median home cost in Homestead Valley is $177,300. Home appreciation the last 10 years has been 191.0%. Home Appreciation in Homestead Valley is up 21.9%.
Average Age of Homes
- The median age of Homestead Valley real estate is 50 years old
The Rental Market in Homestead Valley
- Renters make up 13.4% of the Homestead Valley population
- 0.5% of houses and apartments in Homestead Valley, 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.