Housing in Coronado, CA is significantly more expensive than the US average. The median value for a house in Coronado is $2,220,200 compared to the US median of $338,100. This difference demonstrates the premium that people are willing to pay for living in Coronado and indicates a strong demand for housing in the area. Furthermore, housing appreciation in Coronado has been much higher than the US average over the past year with an increase of 13.76% compared to 8.27%. This suggests that investment in property in Coronado can provide substantial rewards and is likely to remain a attractive prospect into the future.
The median home cost in Coronado is $2,220,200. Home appreciation the last 10 years has been 132.1%. Home Appreciation in Coronado is up 18.3%.
Average Age of Homes
- The median age of Coronado real estate is 45 years old
The Rental Market in Coronado
- Renters make up 43.1% of the Coronado population
- 2.0% of houses and apartments in Coronado, 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.