Housing in 92840 Garden Grove, CA has a median value of $814,900 which is significantly higher than the US house median value of $338,100. As such, it is unsurprising that housing in Garden Grove has had an impressive appreciation rate of 10.89% over the last year compared to the US average of 8.27%. It is clear that real estate in Garden Grove is a sound investment and that the city offers an attractive market for potential home buyers and investors alike.
The median home cost in Garden Grove (zip 92840) is $814,900. Home appreciation the last 10 years has been 124.2%. Home Appreciation in Garden Grove (zip 92840) is up 16.4%.
Average Age of Homes
- The median age of Garden Grove (zip 92840) real estate is 56 years old
The Rental Market in Garden Grove (zip 92840)
- Renters make up 40.5% of the Garden Grove (zip 92840) population
- 2.0% of houses and apartments in Garden Grove (zip 92840), 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.