Housing in Hanford, CA is a great investment for home buyers. The median value of homes in Hanford is $280,400 – significantly lower than the US median of $338,100. Homeowners in the area are also seeing the benefit of rising prices in their property values with an annual appreciation rate of 10.98%, higher than the national average of 8.27%. With housing prices that are more accessible and faster growing than other areas, Hanford offers potential homeowners an opportunity to take advantage of a great real estate market.
The median home cost in Hanford is $280,400. Home appreciation the last 10 years has been 134.8%. Home Appreciation in Hanford is up 16.4%.
Average Age of Homes
- The median age of Hanford real estate is 34 years old
The Rental Market in Hanford
- Renters make up 39.3% of the Hanford population
- 0.4% of houses and apartments in Hanford, 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.