The housing in Lake California, CA is a great option for people looking to buy or invest in the property market. The median value of a house in this area is $288,800, which is significantly lower than the US House Median Value of $338,100. Despite the difference in prices, the homeowners in Lake California have seen an appreciation of 5.62% over the past year, while the US average was 8.27%. This shows that this area is on par with other parts of the country when it comes to housing values and appreciation rates. Overall, Lake California offers great value for money and can be a great place to purchase a home or invest in real estate.
The median home cost in Lake California is $288,800. Home appreciation the last 10 years has been 111.0%. Home Appreciation in Lake California is up 8.7%.
Average Age of Homes
- The median age of Lake California real estate is 17 years old
The Rental Market in Lake California
- Renters make up 25.0% of the Lake California population
- 0.0% of houses and apartments in Lake California, 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.