Del Rey Oaks is a small city in California located just north of Monterey Bay. It is known for its beautiful views of the ocean and hillside homes. The median housing value in Del Rey Oaks is $788,800, which is substantially higher than the US median housing value of $338,100. While home prices have appreciated across the US at 8.27%, house appreciation in Del Rey Oaks has been slightly lower at 7.80%. Despite this slight decrease, Del Rey Oaks continues to be an attractive location for those seeking a luxurious home near the coast with stunning views.
The median home cost in Del Rey Oaks is $788,800. Home appreciation the last 10 years has been 157.7%. Home Appreciation in Del Rey Oaks is up 14.7%.
Average Age of Homes
- The median age of Del Rey Oaks real estate is 59 years old
The Rental Market in Del Rey Oaks
- Renters make up 19.9% of the Del Rey Oaks population
- 0.0% of houses and apartments in Del Rey Oaks, 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.