The housing market in El Centro, CA Metro Area is vibrant and growing. The median value of a home is currently at $301,800, which is significantly lower than the national median of $338,100. Despite this disparity, the rate of appreciation for homes in El Centro is actually higher with a rate of 10.27%, compared to 8.27% across the US. This could indicate that El Centro has some attractive prospects for both homeowners and investors alike as it continues to grow and develop.
The median home cost in El Centro Metro Area is $301,800. Home appreciation the last 10 years has been 191.0%. Home Appreciation in El Centro Metro Area is up 21.9%.
Average Age of Homes
- The median age of El Centro Metro Area real estate is 30 years old
The Rental Market in El Centro Metro Area
- Renters make up 36.9% of the El Centro Metro Area population
- 1.1% of houses and apartments in El Centro 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.