The housing market in Perris, CA is performing well with a median value of $494,200. This is significantly higher than the US house median value of $338,100, and there has been an impressive 9.15% appreciation in the last year compared to the 8.27% nationwide. This positive trend suggests that Perris is a desirable location to purchase property, making it an attractive option for potential buyers.
The median home cost in Perris is $494,200. Home appreciation the last 10 years has been 193.0%. Home Appreciation in Perris is up 17.4%.
Average Age of Homes
- The median age of Perris real estate is 20 years old
The Rental Market in Perris
- Renters make up 33.4% of the Perris population
- 1.6% of houses and apartments in Perris, 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.