The housing market in Covelo, CA is a bit different from the national average. The median house value of Covelo is $312,800 which is significantly lower than the US House Median Value of $338,100. While the US House Appreciation rate was 8.27% over the past year, Covelo's appreciation rate was only 1.98%. Despite this, many people still choose to invest in Covelo due to its proximity to nature and outdoor activities like camping and fishing. With such a low median house value compared to other areas in California and across the nation, investing in housing in Covelo can be a smart move for those looking for an affordable place to live.
The median home cost in Covelo is $312,800. Home appreciation the last 10 years has been 121.5%. Home Appreciation in Covelo is up 9.5%.
Average Age of Homes
- The median age of Covelo real estate is 45 years old
The Rental Market in Covelo
- Renters make up 29.0% of the Covelo population
- 0.0% of houses and apartments in Covelo, 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.