Shafter, California is a thriving city that has seen significant growth in its housing market. The median value of homes in the area is $332,600, which is lower than the US house median value of $338,100. However, over the past year, Shafter's house appreciation rate was 10.98%, far higher than the US average of 8.27%. This shows that Shafter has been experiencing strong growth in its housing prices and it is an attractive place for potential homeowners looking to invest in real estate.
The median home cost in Shafter is $332,600. Home appreciation the last 10 years has been 134.8%. Home Appreciation in Shafter is up 16.4%.
Average Age of Homes
- The median age of Shafter real estate is 32 years old
The Rental Market in Shafter
- Renters make up 45.0% of the Shafter population
- 1.4% of houses and apartments in Shafter, 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.