The housing market in Scotts Valley, CA is quite expensive, with a median value of $1,132,400. This is more than three times the US house median value of $338,100. Although the appreciation rate over the past year has been slightly lower than the US average of 8.27% at 7.64%, it still represents a healthy market and a good opportunity for potential buyers looking to invest in Scotts Valley's real estate.
The median home cost in Scotts Valley is $1,132,400. Home appreciation the last 10 years has been 105.8%. Home Appreciation in Scotts Valley is up 11.9%.
Average Age of Homes
- The median age of Scotts Valley real estate is 33 years old
The Rental Market in Scotts Valley
- Renters make up 22.8% of the Scotts Valley population
- 2.2% of houses and apartments in Scotts Valley, 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.