The housing market in Ocotillo, CA is an attractive option for those looking to invest. The median value of homes in Ocotillo is $132,500 which is significantly lower than the US House median value of $338,100. In the past year, houses have appreciated by 14.80% compared to 8.27% for the entire US housing market making it an even more appealing option for investors and homeowners alike. It's no surprise that Ocotillo has quickly become a popular destination for buyers looking to take advantage of the affordable housing prices and above average appreciation rates.
The median home cost in Ocotillo is $132,500. Home appreciation the last 10 years has been 191.0%. Home Appreciation in Ocotillo is up 21.9%.
Average Age of Homes
- The median age of Ocotillo real estate is 30 years old
The Rental Market in Ocotillo
- Renters make up 4.5% of the Ocotillo population
- 0.0% of houses and apartments in Ocotillo, 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.