The housing market in Walnut Grove, CA is quite robust compared to the national average. The median value of a home in the area is $529,800, significantly higher than the US median house value of $338,100. This reflects the strong demand for housing in the area. However, despite this high value, appreciation over the last year has only been 3.56%, lower than the US average of 8.27%. The slower growth rate could be attributed to market saturation or other local factors limiting demand and appreciation.
The median home cost in Walnut Grove is $529,800. Home appreciation the last 10 years has been 147.6%. Home Appreciation in Walnut Grove is up 9.7%.
Average Age of Homes
- The median age of Walnut Grove real estate is 56 years old
The Rental Market in Walnut Grove
- Renters make up 16.4% of the Walnut Grove population
- 4.0% of houses and apartments in Walnut Grove, 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.