The housing market in Elverta, CA is quite strong, with a median value of $464,900 compared to the US median value of $338,100. Over the past year, the appreciation rate in Elverta has been at 3.56% while the US rate is 8.27%, showing that although property values are increasing, it is at a slower pace than the national average. This could be a great opportunity for those looking to invest in real estate as they may be able to purchase property at a lower cost than other regions.
The median home cost in Elverta is $464,900. Home appreciation the last 10 years has been 147.6%. Home Appreciation in Elverta is up 9.7%.
Average Age of Homes
- The median age of Elverta real estate is 37 years old
The Rental Market in Elverta
- Renters make up 19.3% of the Elverta population
- 0.3% of houses and apartments in Elverta, 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.