The housing market in Manila, CA is thriving with a median house value of $313,600, which is significantly lower than the US median of $338,100. Though the appreciation rate for homes in Manila is lower than the national average at 6.80%, it still remains higher than inflation and is growing at an impressive rate each year. The city offers a great environment to live in and provides homeowners with generous real estate returns.
The median home cost in Manila is $313,600. Home appreciation the last 10 years has been 101.2%. Home Appreciation in Manila is up 16.5%.
Average Age of Homes
- The median age of Manila real estate is 61 years old
The Rental Market in Manila
- Renters make up 51.5% of the Manila population
- 4.1% of houses and apartments in Manila, 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.