The housing market in Clearlake, CA Metro Area is very strong compared to the national average. The median value of houses is $319,500 which is lower than the US House Median Value of $338,100. While the US 1 year House Appreciation rate is 8.27%, Clearlake, CA Metro Area has a slightly lower appreciation rate of 5.62%. Despite the lower appreciation rate, values are still steadily increasing and it is an attractive place to invest in real estate for potential buyers and renters alike.
The median home cost in Clearlake Metro Area is $319,500. Home appreciation the last 10 years has been 121.5%. Home Appreciation in Clearlake Metro Area is up 9.5%.
Average Age of Homes
- The median age of Clearlake Metro Area real estate is 38 years old
The Rental Market in Clearlake Metro Area
- Renters make up 28.0% of the Clearlake Metro Area population
- 0.7% of houses and apartments in Clearlake 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.