El Segundo, CA is a city with an incredibly high median house value. According to current data, the median house value in El Segundo is $1,514,400 compared to the US median of $338,100. This is over 4 times higher than the national average. House appreciation in El Segundo has also been significantly higher than the US average. Over the last year, house appreciation has been 8.27% nationally compared to 12.08% in El Segundo - showing that houses are increasing in value more rapidly here than elsewhere in the country. For potential homeowners and investors alike, these numbers paint a picture of a remarkable housing market in El Segundo.
The median home cost in El Segundo is $1,514,400. Home appreciation the last 10 years has been 119.9%. Home Appreciation in El Segundo is up 16.0%.
Average Age of Homes
- The median age of El Segundo real estate is 55 years old
The Rental Market in El Segundo
- Renters make up 54.2% of the El Segundo population
- 1.9% of houses and apartments in El Segundo, 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.