Tranquillity, CA is a great place to invest in real estate. The median value of a house in this area is $314,200, which is significantly lower than the US median of $338,100. Additionally, the 1-year home appreciation rate in Tranquillity is 7.92%, slightly lower than the national rate of 8.27%. This makes Tranquillity an attractive housing market for potential buyers and provides an opportunity to benefit from the potentially rising values of property investments.
The median home cost in Tranquillity is $314,200. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Tranquillity is up 15.8%.
Average Age of Homes
- The median age of Tranquillity real estate is 47 years old
The Rental Market in Tranquillity
- Renters make up 38.0% of the Tranquillity population
- 0.0% of houses and apartments in Tranquillity, 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.