August, CA has an attractive housing market with a median value of $297,200. This is considerably less than the national median value of $338,100 and slightly lower than the US one-year house appreciation rate of 8.27%. However, the one-year house appreciation rate in August, CA stands at 4.70%, making it an attractive option for potential buyers who are looking for a great deal on a home. With its slightly lower price point and positive growth rate, August, CA is an ideal destination for those looking to invest in real estate or to purchase a home.
The median home cost in August is $297,200. Home appreciation the last 10 years has been 196.3%. Home Appreciation in August is up 12.5%.
Average Age of Homes
- The median age of August real estate is 56 years old
The Rental Market in August
- Renters make up 48.8% of the August population
- 1.3% of houses and apartments in August, 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.