The housing market in the Napa, CA Metro Area is unique. The median value of a home in this area is significantly higher than the national median at $816,900 compared to $338,100. Despite the much higher cost of living in this area however, the appreciation over the last year only comes out to 2.25%, which is considerably lower than the national average of 8.27%. This makes it an attractive place for those who are looking to purchase a home but who don't want to pay too much for it.
The median home cost in Napa Metro Area is $816,900. Home appreciation the last 10 years has been 141.5%. Home Appreciation in Napa Metro Area is up 10.9%.
Average Age of Homes
- The median age of Napa Metro Area real estate is 43 years old
The Rental Market in Napa Metro Area
- Renters make up 35.7% of the Napa Metro Area population
- 1.5% of houses and apartments in Napa Metro Area, 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.