El Cajon, CA is an area with a high median housing value of $727,300, which is much higher than the US median of $338,100. Despite the large difference in price, the appreciation rate for houses in El Cajon is similar to that of the US overall at 8.15% and 8.27%, respectively. This suggests that El Cajon's housing market remains strong despite its relatively high prices. The appreciation rate suggests that property values should continue to rise in coming years and that investing in housing in El Cajon may be a good option for those looking for a long-term investment opportunity.
The median home cost in El Cajon is $727,300. Home appreciation the last 10 years has been 134.1%. Home Appreciation in El Cajon is up 16.4%.
Average Age of Homes
- The median age of El Cajon real estate is 44 years old
The Rental Market in El Cajon
- Renters make up 58.0% of the El Cajon population
- 1.0% of houses and apartments in El Cajon, 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.