California, MD is a great place to live and the housing market is quite attractive. The median value of homes in California, MD is $338,700, which is slightly lower than the US median house value of $338,100. Over the last year appreciation for homes in California has been 7.62% compared to 8.27% in the US as a whole - making it an affordable option for home buyers looking for a good investment opportunity. The low appreciation rate also makes it attractive to those who already own property in California and are looking for stability in their investments.
The median home cost in California is $338,700. Home appreciation the last 10 years has been 55.5%. Home Appreciation in California is up 12.7%.
Average Age of Homes
- The median age of California real estate is 22 years old
The Rental Market in California
- Renters make up 29.8% of the California population
- 0.8% of houses and apartments in California, 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.