The housing market in Mira Monte, CA is a robust and desirable one. With a median value of $737,300, it is significantly higher than the US house median of $338,100. Although the US house appreciation rate for one year was 8.27%, Mira Monte’s was lower at 4.19%. Despite this difference, the high median value still means that those looking for homes in this area will find them at affordable prices. It also provides many homeowners with an excellent opportunity to build equity and increase their financial security through home ownership.
The median home cost in Mira Monte is $737,300. Home appreciation the last 10 years has been 118.4%. Home Appreciation in Mira Monte is up 14.4%.
Average Age of Homes
- The median age of Mira Monte real estate is 48 years old
The Rental Market in Mira Monte
- Renters make up 23.3% of the Mira Monte population
- 3.2% of houses and apartments in Mira Monte, 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.