The housing market in the Vallejo-Fairfield, CA Metro Area has a median value of $576,100 which is considerably higher than the US House Median Value of $338,100. Despite this higher value, the 1 year house appreciation rate in Vallejo-Fairfield is lower than the national average at 4.38%, while the US 1 year house appreciation rate is 8.27%. It appears that although housing values are relatively high in this area, they may not be increasing as quickly as other places.
The median home cost in Vallejo Metro Area is $576,100. Home appreciation the last 10 years has been 143.3%. Home Appreciation in Vallejo Metro Area is up 10.6%.
Average Age of Homes
- The median age of Vallejo Metro Area real estate is 37 years old
The Rental Market in Vallejo Metro Area
- Renters make up 36.9% of the Vallejo Metro Area population
- 1.1% of houses and apartments in Vallejo 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.