Canyon Lake, CA is a beautiful area with considerable housing value. The median value of homes in Canyon Lake is $646,500, significantly higher than the US median house value of $338,100. Furthermore, the appreciation rate for one year is also higher in Canyon Lake at 9.15%, compared to 8.27% nationally. As such, Canyon Lake has seen substantial growth in real estate value and remains an attractive place for people to purchase homes.
The median home cost in Canyon Lake is $646,500. Home appreciation the last 10 years has been 193.0%. Home Appreciation in Canyon Lake is up 17.4%.
Average Age of Homes
- The median age of Canyon Lake real estate is 32 years old
The Rental Market in Canyon Lake
- Renters make up 12.8% of the Canyon Lake population
- 0.0% of houses and apartments in Canyon Lake, 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.