The housing market in Morada, CA is very robust, with a median value of $674,000. This is nearly double the US house median value of $338,100. Although the US house appreciation in the past year has been 8.27%, Morada's 1 year house appreciation was only 4.70%. Despite this difference, homes in Morada are generally more expensive due to their desirability and strong market conditions.
The median home cost in Morada is $674,000. Home appreciation the last 10 years has been 196.3%. Home Appreciation in Morada is up 12.5%.
Average Age of Homes
- The median age of Morada real estate is 52 years old
The Rental Market in Morada
- Renters make up 7.0% of the Morada population
- 0.0% of houses and apartments in Morada, 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.