Orcutt, CA is a great place to live and invest in real estate. The median value of housing in Orcutt, CA is $520,500, which is significantly higher than the US house median value of $338,100. As such, there is potential for a strong return on investment with an appreciation rate of 11.64%, nearly 3% higher than the US 1 year house appreciation rate of 8.27%. Investing in housing in Orcutt, CA now can be a wise move as it will likely pay off in the long run.
The median home cost in Orcutt is $520,500. Home appreciation the last 10 years has been 119.8%. Home Appreciation in Orcutt is up 14.2%.
Average Age of Homes
- The median age of Orcutt real estate is 40 years old
The Rental Market in Orcutt
- Renters make up 22.5% of the Orcutt population
- 0.4% of houses and apartments in Orcutt, 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.