The housing market in 94507 Alamo, CA is very impressive with a median value of $2,420,000. This value is much higher than the US House median value of $338,100 and shows an appreciation rate of 5.52% over the past year. This rate is lower than the national average of 8.27%, but still demonstrates an overall healthy growth for the housing market in this area. With such high prices and steady growth, the housing market in 94507 Alamo, CA seems to be a great investment opportunity for potential buyers.
The median home cost in Alamo (zip 94507) is $2,420,000. Home appreciation the last 10 years has been 141.5%. Home Appreciation in Alamo (zip 94507) is up 10.9%.
Average Age of Homes
- The median age of Alamo (zip 94507) real estate is 42 years old
The Rental Market in Alamo (zip 94507)
- Renters make up 8.8% of the Alamo (zip 94507) population
- 0.8% of houses and apartments in Alamo (zip 94507), 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.