Pine Mountain Lake, CA is a desirable area to call home, with a median value of $393,600 for housing. While this is slightly higher than the median house value in the United States overall, which stands at $338,100, the rate of appreciation for houses in Pine Mountain Lake is noticeably lower than the national average - only 3.39% compared to 8.27%. Despite this slower rate of increase in market value, many people are still drawn to the area for its scenic beauty and proximity to amenities.
The median home cost in Pine Mountain Lake is $393,600. Home appreciation the last 10 years has been 187.4%. Home Appreciation in Pine Mountain Lake is up 11.1%.
Average Age of Homes
- The median age of Pine Mountain Lake real estate is 32 years old
The Rental Market in Pine Mountain Lake
- Renters make up 7.3% of the Pine Mountain Lake population
- 2.8% of houses and apartments in Pine Mountain Lake, 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.