Lone Pine, CA is a beautiful small town located in the Sierra Nevada foothills. The housing market in Lone Pine has traditionally been modest compared to other communities across the United States, with the median value of homes at $307,900 compared to the US median of $338,100. In the past year, while nationwide home appreciation rates grew by 8.27%, Lone Pine only experienced an appreciation rate of 3.84%. Despite this lower growth rate, Lone Pine is still a great location for families and individuals looking for affordable housing options amidst picturesque landscape.
The median home cost in Lone Pine is $307,900. Home appreciation the last 10 years has been 182.0%. Home Appreciation in Lone Pine is up 11.6%.
Average Age of Homes
- The median age of Lone Pine real estate is 46 years old
The Rental Market in Lone Pine
- Renters make up 41.9% of the Lone Pine population
- 1.8% of houses and apartments in Lone Pine, 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.