The housing market in Walnut Park, CA is quite impressive. The median value of homes in the city is $540,300 compared to the US median value of $338,100, demonstrating that housing in Walnut Park is considerably more expensive than what can be found elsewhere in the country. Additionally, while the US house appreciation rate over the past year was 8.27%, homes in Walnut Park have appreciated at a rate of 12.08% over the same period. This suggests that there is strong demand for housing in this area and that people are willing to pay a premium to live here.
The median home cost in Walnut Park is $540,300. Home appreciation the last 10 years has been 119.9%. Home Appreciation in Walnut Park is up 16.0%.
Average Age of Homes
- The median age of Walnut Park real estate is 78 years old
The Rental Market in Walnut Park
- Renters make up 49.5% of the Walnut Park population
- 0.3% of houses and apartments in Walnut Park, 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.