Montara, CA is a great place to invest in real estate. The median value of houses in Montara is $1,350,900, more than triple the US House Median Value of $338,100. Furthermore, the 1 year house appreciation rate in Montara is 8.61%, slightly higher than the national average of 8.27%. This suggests that Montara's housing market has been strong and that prices are likely to continue to rise in the near future. Investing in real estate in Montara is a smart move and may bring good returns on investment for years to come.
The median home cost in Montara is $1,350,900. Home appreciation the last 10 years has been 88.1%. Home Appreciation in Montara is up 13.3%.
Average Age of Homes
- The median age of Montara real estate is 44 years old
The Rental Market in Montara
- Renters make up 10.3% of the Montara population
- 0.0% of houses and apartments in Montara, 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.