The housing market in Santa Fe Springs, CA is showing growth and appreciation. The median value of homes in the area is $662,600, which is almost double the US median value of $338,100. Furthermore, the one-year house appreciation in Santa Fe Springs is 9.16%, higher than the national average of 8.27%. This indicates that home values are continuing to climb in this area and that investing in property could prove to be a wise decision for those looking to take advantage of the market movement.
The median home cost in Santa Fe Springs is $662,600. Home appreciation the last 10 years has been 124.3%. Home Appreciation in Santa Fe Springs is up 12.8%.
Average Age of Homes
- The median age of Santa Fe Springs real estate is 58 years old
The Rental Market in Santa Fe Springs
- Renters make up 40.4% of the Santa Fe Springs population
- 1.5% of houses and apartments in Santa Fe Springs, 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.