Magalia, CA is a small town located in the state of California, and it has a median housing value of $276,200. This is significantly lower than the US median house value of $338,100. While the US had a one-year house appreciation rate of 8.27%, Magalia only saw a 3.09% appreciation rate over the same time period. Despite its low housing values, Magalia offers its residents plenty of amenities and charm that make it an attractive place to live.
The median home cost in Magalia is $276,200. Home appreciation the last 10 years has been 129.9%. Home Appreciation in Magalia is up 9.0%.
Average Age of Homes
- The median age of Magalia real estate is 35 years old
The Rental Market in Magalia
- Renters make up 19.6% of the Magalia population
- 1.7% of houses and apartments in Magalia, 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.