London, CA is a desirable area to live in due to the median value of housing being much lower than the US median value. The one year appreciation rate for London was 7.92%, which is slightly lower than the US rate of 8.27%. Despite this, London continues to be an attractive option for potential homeowners as it offers more affordable prices compared to other areas.
The median home cost in London is $169,000. Home appreciation the last 10 years has been 142.5%. Home Appreciation in London is up 15.8%.
Average Age of Homes
- The median age of London real estate is 45 years old
The Rental Market in London
- Renters make up 63.4% of the London population
- 0.0% of houses and apartments in London, 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.