The housing market in Martell, CA is strong. The median value of a house is $679,700, which is significantly higher than the US house median value of $338,100. Although home appreciation in Martell is lower than the national rate with 3.56%, it still remains positive and more homes in the area are being sold year after year. This could indicate that people are looking to invest in this area for its close proximity to amenities and infrastructure, making it an attractive location for potential homeowners.
The median home cost in Martell is $679,700. Home appreciation the last 10 years has been 147.6%. Home Appreciation in Martell is up 9.7%.
Average Age of Homes
- The median age of Martell real estate is 50 years old
The Rental Market in Martell
- Renters make up 71.8% of the Martell population
- 0.0% of houses and apartments in Martell, 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.