El Centro, CA is a city located in the Imperial Valley of Southern California. Its housing market is quite stable with a median value of $306,900, which is lower than the US House Median Value of $338,100. The appreciation rate for the housing market in El Centro, CA was 14.80% over the past year, which was higher than the US 1 year House Appreciation rate of 8.27%. This makes El Centro an attractive location for those looking to invest in real estate or buy a home as it offers both stability and potential for appreciation.
The median home cost in El Centro is $306,900. Home appreciation the last 10 years has been 191.0%. Home Appreciation in El Centro is up 21.9%.
Average Age of Homes
- The median age of El Centro real estate is 40 years old
The Rental Market in El Centro
- Renters make up 44.6% of the El Centro population
- 2.0% of houses and apartments in El Centro, 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.