Nevada, CA County has an impressive median value for housing at $568,300. This is much higher than the US House Median Value of $338,100 and even the US 1 year House Appreciation rate of 8.27%. The House 1 year appreciation rate in Nevada, CA County is 4.90%, which still indicates that housing values are increasing in this area. This makes it a desirable place to purchase a home or invest in real estate as it is expected to continue to appreciate over time.
The median home cost in Nevada County is $568,300. Home appreciation the last 10 years has been 129.6%. Home Appreciation in Nevada County is up 8.9%.
Average Age of Homes
- The median age of Nevada County real estate is 34 years old
The Rental Market in Nevada County
- Renters make up 21.2% of the Nevada County population
- 0.9% of houses and apartments in Nevada 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.