The housing market in Placentia, CA (zip code 92870) is very strong. The median value of homes in this area is $863,100, which is more than double the US House Median Value of $338,100. Additionally, the 1-year House Appreciation rate in Placentia is 10.89%, which is higher than the national average of 8.27%. This indicates that housing prices are on the rise and therefore this market has been a lucrative investment opportunity for many people.
The median home cost in Placentia (zip 92870) is $863,100. Home appreciation the last 10 years has been 124.2%. Home Appreciation in Placentia (zip 92870) is up 16.4%.
Average Age of Homes
- The median age of Placentia (zip 92870) real estate is 42 years old
The Rental Market in Placentia (zip 92870)
- Renters make up 32.5% of the Placentia (zip 92870) population
- 1.4% of houses and apartments in Placentia (zip 92870), 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.