Marina del Rey, CA is known for its high housing values. The median value of a home in Marina del Rey is an impressive $956,600, which is nearly three times the national median value. Furthermore, the one year house appreciation rate in Marina del Rey is 12.08%, nearly four percentage points higher than the 8.27% appreciation rate seen nationally over the same period of time. These factors combined make Marina del Rey an attractive place for potential homeowners looking to invest in a robust real estate market.
The median home cost in Marina del Rey is $956,600. Home appreciation the last 10 years has been 119.9%. Home Appreciation in Marina del Rey is up 16.0%.
Average Age of Homes
- The median age of Marina del Rey real estate is 41 years old
The Rental Market in Marina del Rey
- Renters make up 80.3% of the Marina del Rey population
- 6.8% of houses and apartments in Marina del Rey, 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.