The housing market in Mexican Colony, CA is proving to be a great investment opportunity. The median value of a house in the area is $94,000, much lower than the national median value of $338,100. In addition, the appreciation rate of houses in this area is very impressive at 10.98%, significantly higher than the national rate of 8.27%. With these figures in mind, potential home buyers should seriously consider investing here as it will likely provide them with good returns on their money.
The median home cost in Mexican Colony is $94,000. Home appreciation the last 10 years has been 134.8%. Home Appreciation in Mexican Colony is up 16.4%.
Average Age of Homes
- The median age of Mexican Colony real estate is 51 years old
The Rental Market in Mexican Colony
- Renters make up 65.1% of the Mexican Colony population
- 0.0% of houses and apartments in Mexican Colony, 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.