Redwood Valley, CA is a desirable area to live with its median housing value at $539,000. This is significantly higher than the US House Median Value of $338,100. Despite this difference in value, the one year house appreciation rate in Redwood Valley, CA was only 1.98%, significantly lower than the US 1 year House Appreciation rate of 8.27%. This suggests that while Redwood Valley may have expensive housing values compared to other areas in the US, there has not been much growth in the market as of late.
The median home cost in Redwood Valley is $539,000. Home appreciation the last 10 years has been 121.5%. Home Appreciation in Redwood Valley is up 9.5%.
Average Age of Homes
- The median age of Redwood Valley real estate is 36 years old
The Rental Market in Redwood Valley
- Renters make up 27.1% of the Redwood Valley population
- 4.9% of houses and apartments in Redwood Valley, 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.