The housing market in Timber Cove, CA is very expensive compared to the national average, with the median value being $734,400. Despite this expensive price tag, the appreciation rate of houses in Timber Cove was only 1.98% over the last year which is significantly lower than the national average of 8.27%. This means that while prices are high compared to elsewhere in the country, those who already own a property will not likely see much growth in value over the next year.
The median home cost in Timber Cove is $734,400. Home appreciation the last 10 years has been 121.5%. Home Appreciation in Timber Cove is up 9.5%.
Average Age of Homes
- The median age of Timber Cove real estate is 31 years old
The Rental Market in Timber Cove
- Renters make up 24.6% of the Timber Cove population
- 0.0% of houses and apartments in Timber Cove, 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.