The housing market in 92371 Phelan, CA is robust and growing. The median value of homes in this area is $422,700, which is significantly higher than the median value of homes across the US, which stands at $338,100. Also, over the last year, the appreciation rate for housing in 92371 Phelan has been 10.27%, while the national appreciation rate was 8.27%. This shows that this area is a great opportunity for those looking to invest in real estate or buy a home.
The median home cost in Phelan (zip 92371) is $422,700. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Phelan (zip 92371) is up 16.6%.
Average Age of Homes
- The median age of Phelan (zip 92371) real estate is 28 years old
The Rental Market in Phelan (zip 92371)
- Renters make up 26.9% of the Phelan (zip 92371) population
- 0.0% of houses and apartments in Phelan (zip 92371), 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.