Los Altos, CA is an affluent city known for its high median housing value. The median housing value in Los Altos was recorded as $3,727,700 which is significantly higher than the US median housing value of $338,100. The appreciation rate of 1 year house value was 8.61% in Los Altos compared to 8.27% on a national average. This indicates that the housing market in Los Altos has risen steadily over the past year and will likely continue to increase in the future. With its lucrative real estate market and luxurious lifestyle, it's no wonder that many people choose to live in Los Altos, CA.
The median home cost in Los Altos is $3,727,700. Home appreciation the last 10 years has been 88.1%. Home Appreciation in Los Altos is up 13.3%.
Average Age of Homes
- The median age of Los Altos real estate is 56 years old
The Rental Market in Los Altos
- Renters make up 14.7% of the Los Altos population
- 0.3% of houses and apartments in Los Altos, 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.