Housing in Porterville, CA is a great place to invest. The median value of homes in Porterville is $272,400 which is lower than the US House Median Value of $338,100. Over the past year, the house appreciation rate in Porterville has been 10.98%, significantly higher than the rate for the US which was 8.27%. This makes it an attractive option for those who are looking for a good return on their investment in real estate.
The median home cost in Porterville is $272,400. Home appreciation the last 10 years has been 134.8%. Home Appreciation in Porterville is up 16.4%.
Average Age of Homes
- The median age of Porterville real estate is 37 years old
The Rental Market in Porterville
- Renters make up 39.5% of the Porterville population
- 0.9% of houses and apartments in Porterville, 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.