El Cerrito, CA has a median housing value of $1,093,700, which is significantly higher than the US median of $338,100. Though the US has seen an 8.27% appreciation in house values over the past year, El Cerrito's appreciation rate is 5.52%, which is still an impressive increase. This shows that homes in El Cerrito remain highly desirable and sought after for those looking to invest in real estate.
The median home cost in El Cerrito is $1,093,700. Home appreciation the last 10 years has been 141.5%. Home Appreciation in El Cerrito is up 10.9%.
Average Age of Homes
- The median age of El Cerrito real estate is 62 years old
The Rental Market in El Cerrito
- Renters make up 37.8% of the El Cerrito population
- 0.6% of houses and apartments in El Cerrito, 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.