The housing market in Monterey Park Tract, CA is strong and stable. The median value for homes in the area is $379,200, which is higher than the US median value of $338,100. While the US has seen a 1 year house appreciation of 8.27%, Monterey Park Tract has experienced a smaller 3.39% increase in housing values over the last year. Despite the lower rate of appreciation, it is still indicative of a healthy local economy and real estate market.
The median home cost in Monterey Park Tract is $379,200. Home appreciation the last 10 years has been 187.4%. Home Appreciation in Monterey Park Tract is up 11.1%.
Average Age of Homes
- The median age of Monterey Park Tract real estate is 59 years old
The Rental Market in Monterey Park Tract
- Renters make up 100.0% of the Monterey Park Tract population
- 0.0% of houses and apartments in Monterey Park Tract, 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.