Palo Cedro, CA is a great place to invest in housing. The median value of a house in the city is $507,000, which is far higher than the US median value of $338,100. Despite this large difference in price, the one-year appreciation rate for houses in Palo Cedro is still lower than the national average at 5.62%, compared to 8.27%. This means that although house prices in Palo Cedro may be higher than other parts of the country, there is still potential for growth and investment opportunities as well.
The median home cost in Palo Cedro is $507,000. Home appreciation the last 10 years has been 111.0%. Home Appreciation in Palo Cedro is up 8.7%.
Average Age of Homes
- The median age of Palo Cedro real estate is 38 years old
The Rental Market in Palo Cedro
- Renters make up 14.4% of the Palo Cedro population
- 0.0% of houses and apartments in Palo Cedro, 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.