The housing in Alamo, CA is quite expensive compared to the US median value, with a median value of $2,355,900. Although the appreciation for housing in Alamo has been slower than the national average at 5.52%, over the course of 1 year it still amounts to an increase in value for local homeowners. Despite its higher prices than elsewhere in the US, Alamo remains a popular choice for those looking for luxurious living and high-end properties.
The median home cost in Alamo is $2,355,900. Home appreciation the last 10 years has been 141.5%. Home Appreciation in Alamo is up 10.9%.
Average Age of Homes
- The median age of Alamo real estate is 42 years old
The Rental Market in Alamo
- Renters make up 9.0% of the Alamo population
- 0.8% of houses and apartments in Alamo, 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.