Thermal, CA is an attractive area for potential home buyers as the median housing value is significantly lower than the US national average. The current median value in Thermal, CA stands at $250,900, while the US median home value is $338,100. Additionally, over the past year Thermal has seen a 14.80% increase in house appreciation while the nation saw only an 8.27% increase. This makes Thermal an appealing option for individuals and families looking for a new place to call home as it offers both affordability and potential for appreciation.
The median home cost in Thermal is $250,900. Home appreciation the last 10 years has been 191.0%. Home Appreciation in Thermal is up 21.9%.
Average Age of Homes
- The median age of Thermal real estate is 42 years old
The Rental Market in Thermal
- Renters make up 56.1% of the Thermal population
- 2.8% of houses and apartments in Thermal, 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.