El Rio, CA is a city located in Ventura County with a housing median value of $593,300. This value is significantly higher than the US house median value of $338,100 and is indicative of a high demand for homes in this area. Despite the high median value, the one year appreciation rate for houses in El Rio, CA was only 4.19%, considerably lower than the national appreciation rate of 8.27%. This suggests that the housing market in El Rio may have more stability compared to other parts of the US.
The median home cost in El Rio is $593,300. Home appreciation the last 10 years has been 118.4%. Home Appreciation in El Rio is up 14.4%.
Average Age of Homes
- The median age of El Rio real estate is 60 years old
The Rental Market in El Rio
- Renters make up 29.0% of the El Rio population
- 0.0% of houses and apartments in El Rio, 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.