The housing market in Paynes Creek, CA is relatively affordable compared to the US median, with an average home value of $192,600. The US housing median value is nearly double that at $338,100. While the US House 1 year appreciation rate is 8.27%, the rate in Paynes Creek is 5.62%, making it a great opportunity for buyers looking for a good deal with potential growth. With its steady appreciation rates and affordable housing, Paynes Creek looks like an excellent investment opportunity.
The median home cost in Paynes Creek is $192,600. Home appreciation the last 10 years has been 111.0%. Home Appreciation in Paynes Creek is up 8.7%.
Average Age of Homes
- The median age of Paynes Creek real estate is 65 years old
The Rental Market in Paynes Creek
- Renters make up 11.1% of the Paynes Creek population
- 0.0% of houses and apartments in Paynes Creek, 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.