The housing in Toro Canyon, CA is significantly more expensive than the rest of the country. The median value of a home in Toro Canyon is $2,540,400 whereas the median value of a home in the US is only $338,100. Despite being more expensive, housing in Toro Canyon has still appreciated over the past year at 6.15%, lower than the national average of 8.27%. This shows that while Toro Canyon remains an exclusive and expensive place to live, there are still opportunities to benefit from appreciation in this market.
The median home cost in Toro Canyon is $2,540,400. Home appreciation the last 10 years has been 100.6%. Home Appreciation in Toro Canyon is up 10.1%.
Average Age of Homes
- The median age of Toro Canyon real estate is 43 years old
The Rental Market in Toro Canyon
- Renters make up 33.6% of the Toro Canyon population
- 5.2% of houses and apartments in Toro Canyon, 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.