The housing market in Pismo Beach, CA is quite strong. The median value of houses in the area is $1,206,900 which is significantly more than the US House Median Value of $338,100. This difference shows that Pismo Beach has a very desirable real estate market. In addition to this, the 1 year house appreciation rate in Pismo Beach is 11.64%, compared to the US 1 year house appreciation rate of 8.27%. This higher rate indicates that the value of homes in Pismo Beach are increasing at a faster rate than those across the country making it an attractive place for potential buyers.
The median home cost in Pismo Beach is $1,206,900. Home appreciation the last 10 years has been 119.8%. Home Appreciation in Pismo Beach is up 14.2%.
Average Age of Homes
- The median age of Pismo Beach real estate is 36 years old
The Rental Market in Pismo Beach
- Renters make up 33.6% of the Pismo Beach population
- 2.5% of houses and apartments in Pismo Beach, 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.