The housing market in Truckee-Grass Valley, CA Metro Area is incredibly strong, with the median value of a house currently sitting at $568,300. This is significantly higher than the US house median value of $338,100 and demonstrates that Truckee-Grass Valley's housing market has held its value even during tough economic times. The US 1 year house appreciation rate of 8.27% is impressive, yet the appreciation rate for houses in Truckee-Grass Valley is even more impressive at 4.90%. This suggests that the local economy in this area is quite healthy and investors should be confident about buying into the housing market.
The median home cost in Truckee-Grass Valley Metro Area is $568,300. Home appreciation the last 10 years has been 129.6%. Home Appreciation in Truckee-Grass Valley Metro Area is up 8.9%.
Average Age of Homes
- The median age of Truckee-Grass Valley Metro Area real estate is 34 years old
The Rental Market in Truckee-Grass Valley Metro Area
- Renters make up 21.2% of the Truckee-Grass Valley Metro Area population
- 0.9% of houses and apartments in Truckee-Grass Valley 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.