The housing market in Philo, CA is currently booming. The median value of a house in Philo stands at $415,000 which is higher than the US average of $338,100. The appreciation rate for houses in this area has also been impressive, with an annual growth rate of 1.98%. This is much lower than the US average of 8.27%, however, it still indicates that the housing market in Philo is doing well and could be a great investment opportunity for potential buyers.
The median home cost in Philo is $415,000. Home appreciation the last 10 years has been 121.5%. Home Appreciation in Philo is up 9.5%.
Average Age of Homes
- The median age of Philo real estate is 49 years old
The Rental Market in Philo
- Renters make up 84.1% of the Philo population
- 0.0% of houses and apartments in Philo, 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.