South Oroville, CA is a great place to live with its median housing value at $195,000. This is much lower than the US House Median Value of $338,100 and gives people living in South Oroville an advantage when looking for an affordable home. In addition, the 1 year house appreciation rate in South Oroville stands at 3.09%, which is below the national average of 8.27% making it a more desirable location for potential homeowners. With its affordable housing prices and appreciation rate, South Oroville could be a great area to consider when searching for your next home.
The median home cost in South Oroville is $195,000. Home appreciation the last 10 years has been 129.9%. Home Appreciation in South Oroville is up 9.0%.
Average Age of Homes
- The median age of South Oroville real estate is 45 years old
The Rental Market in South Oroville
- Renters make up 38.4% of the South Oroville population
- 6.2% of houses and apartments in South Oroville, 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.