Lucerne Valley, CA is an attractive area for homebuyers due to the median housing value being significantly lower than the US average. The median housing value in Lucerne Valley is $269,400 compared to the US median of $338,100. In addition, the one-year house appreciation rate in Lucerne Valley is 10.27%, higher than the US average of 8.27%. This makes Lucerne Valley a great option for homebuyers looking to take full advantage of the appreciation rates while also paying a lower initial cost for their dream home.
The median home cost in Lucerne Valley is $269,400. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Lucerne Valley is up 16.6%.
Average Age of Homes
- The median age of Lucerne Valley real estate is 42 years old
The Rental Market in Lucerne Valley
- Renters make up 16.6% of the Lucerne Valley population
- 0.0% of houses and apartments in Lucerne Valley, 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.