Carpinteria, CA is an affluent coastal town in southern California. The median house value for the area is $1,206,500, which is more than three times higher than the US median of $338,100. Despite the high values in Carpinteria compared to the rest of the country, appreciation rates have been below average over the past year. With a 1 year appreciation rate of 4.19%, this is less than half of the national average of 8.27%. This could be attributed to an influx of luxury housing in surrounding areas or other factors such as supply and demand. Regardless, those looking for luxury living and prime beachfront property in California will find that Carpinteria has plenty to offer.
The median home cost in Carpinteria is $1,206,500. Home appreciation the last 10 years has been 118.4%. Home Appreciation in Carpinteria is up 14.4%.
Average Age of Homes
- The median age of Carpinteria real estate is 43 years old
The Rental Market in Carpinteria
- Renters make up 40.6% of the Carpinteria population
- 2.4% of houses and apartments in Carpinteria, 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.