The housing market in Palos Verdes Estates, CA is thriving. The median value of homes in the area, at $2,572,700, is significantly higher than the US median value of $338,100. Furthermore, over the last year home values have appreciated by 12.08%, much higher than the national average of 8.27%. This makes Palos Verdes Estates an attractive option for potential homeowners looking to invest in a high end real estate market.
The median home cost in Palos Verdes Estates is $2,572,700. Home appreciation the last 10 years has been 119.9%. Home Appreciation in Palos Verdes Estates is up 16.0%.
Average Age of Homes
- The median age of Palos Verdes Estates real estate is 57 years old
The Rental Market in Palos Verdes Estates
- Renters make up 10.9% of the Palos Verdes Estates population
- 0.0% of houses and apartments in Palos Verdes Estates, 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.