The housing market in Pomona, CA is particularly strong. The median value of houses in the area is $595,800, which is almost double the national median value of $338,100. Additionally, the 1 year house appreciation rate in the city is 9.53%, which is higher than the national average of 8.27%. This suggests that investing in property in Pomona can be a great choice for those looking to benefit from rising house values.
The median home cost in Pomona is $595,800. Home appreciation the last 10 years has been 130.1%. Home Appreciation in Pomona is up 17.2%.
Average Age of Homes
- The median age of Pomona real estate is 53 years old
The Rental Market in Pomona
- Renters make up 44.5% of the Pomona population
- 0.7% of houses and apartments in Pomona, 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.