The housing market in Miranda, CA is strong. The median value of houses in Miranda is $284,200, which is lower than the US house median value of $338,100. While the national 1 year house appreciation rate was 8.27%, Miranda experienced a slightly lower rate at 6.80%. This shows that while the housing market in Miranda may not be reaching the same growth as the nation-wide average, it is still overall a good investment and shows potential for future appreciation.
The median home cost in Miranda is $284,200. Home appreciation the last 10 years has been 101.2%. Home Appreciation in Miranda is up 16.5%.
Average Age of Homes
- The median age of Miranda real estate is 59 years old
The Rental Market in Miranda
- Renters make up 56.8% of the Miranda population
- 7.5% of houses and apartments in Miranda, 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.