Lemon Hill, CA is a attractive residential area that has seen slow but steady growth in housing values. According to the data given, the median house value in Lemon Hill is $280,700 which is significantly lower than the US House Median Value of $338,100. The US 1 year House Appreciation rate is 8.27%, however the rate in Lemon Hill is much lower at 2.88%. This may indicate that Lemon Hill is less susceptible to volatile housing market conditions than other areas in the country.
The median home cost in Lemon Hill is $280,700. Home appreciation the last 10 years has been 179.4%. Home Appreciation in Lemon Hill is up 10.4%.
Average Age of Homes
- The median age of Lemon Hill real estate is 52 years old
The Rental Market in Lemon Hill
- Renters make up 53.3% of the Lemon Hill population
- 0.1% of houses and apartments in Lemon Hill, 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.