Phelan, CA is a great place to consider when looking at buying a house. The median value of a house in Phelan is $399,700, which is almost 20% higher than the US House Median Value of $338,100. Furthermore, it has seen a 10.27% increase in housing appreciation over the last year, greater than the 8.27% US 1 year House Appreciation rate. This shows that Phelan is an attractive area for investing in real estate and offers great potential for housing appreciation.
The median home cost in Phelan is $399,700. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Phelan is up 16.6%.
Average Age of Homes
- The median age of Phelan real estate is 27 years old
The Rental Market in Phelan
- Renters make up 26.8% of the Phelan population
- 0.0% of houses and apartments in Phelan, 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.