El Dorado, CA County has a median housing value of $650,100, which is significantly higher than the US median house value of $338,100. While the US house appreciation rate over the last year was 8.27%, El Dorado, CA County's appreciation rate over the last year was much lower at 4.15%. This indicates that housing in El Dorado, CA County is becoming more expensive and appreciating slower than the national average. As such, it may be difficult for people to find affordable housing within El Dorado County and those looking to invest in property may not see a large return on their investments due to slow appreciation rates.
The median home cost in El Dorado County is $650,100. Home appreciation the last 10 years has been 143.3%. Home Appreciation in El Dorado County is up 9.6%.
Average Age of Homes
- The median age of El Dorado County real estate is 36 years old
The Rental Market in El Dorado County
- Renters make up 19.6% of the El Dorado County population
- 1.4% of houses and apartments in El Dorado County, 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.