The housing market in Lake Almanor West, CA is quite different from the nation as a whole. The median value of housing in Lake Almanor West is $693,000 which is more than double the national median value of $338,100. Despite this difference, the one year house appreciation rate is actually lower in Lake Almanor West than it is nationally at 8.27%. This suggests that the higher priced housing has not risen at the same rate as lower priced properties. Nonetheless, there has still been an increase in home values over the last year with an appreciation rate of 5.62%.
The median home cost in Lake Almanor West is $693,000. Home appreciation the last 10 years has been 111.0%. Home Appreciation in Lake Almanor West is up 8.7%.
Average Age of Homes
- The median age of Lake Almanor West real estate is 29 years old
The Rental Market in Lake Almanor West
- Renters make up 0.0% of the Lake Almanor West population
- 0.0% of houses and apartments in Lake Almanor West, 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.