The housing market in Truckee, CA is significantly more expensive than the average for the United States. The median value of a home in Truckee is $981,700 compared to the median value of a home in the US which is $338,100. While US housing has appreciated 8.27% over the past year, homes in Truckee have only appreciated 3.89%. This makes investing in a home in Truckee more expensive and risky than other areas, but it also shows that there is still potential for investment since the appreciation rate is slightly above zero.
The median home cost in Truckee is $981,700. Home appreciation the last 10 years has been 128.2%. Home Appreciation in Truckee is up 8.6%.
Average Age of Homes
- The median age of Truckee real estate is 29 years old
The Rental Market in Truckee
- Renters make up 15.7% of the Truckee population
- 0.3% of houses and apartments in Truckee, 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.