The housing market in Lynwood, CA is booming, with the median value of $602,300 significantly higher than the US median value of $338,100. The one-year house appreciation rate in Lynwood is 12.07%, which is even higher than the US average of 8.27%. With such strong growth and appreciation potential, it makes sense to invest in Lynwood real estate for those looking to benefit from a thriving market.
The median home cost in Lynwood is $602,300. Home appreciation the last 10 years has been 119.9%. Home Appreciation in Lynwood is up 16.0%.
Average Age of Homes
- The median age of Lynwood real estate is 62 years old
The Rental Market in Lynwood
- Renters make up 53.0% of the Lynwood population
- 0.8% of houses and apartments in Lynwood, 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.