The housing market in 93516 Boron, CA is relatively inexpensive compared to the national average. The median value of a house in this area is $134,900, while the median value of a house nationally is $338,100. In the past year, the appreciation rate for a house in 93516 Boron was 3.84%, significantly lower than the US 1 year House Appreciation rate of 8.27%. This could indicate that although housing prices are relatively low in this area compared to the national average, growth and appreciation for housing has been slower than what is experienced elsewhere.
The median home cost in Boron (zip 93516) is $134,900. Home appreciation the last 10 years has been 182.0%. Home Appreciation in Boron (zip 93516) is up 11.6%.
Average Age of Homes
- The median age of Boron (zip 93516) real estate is 58 years old
The Rental Market in Boron (zip 93516)
- Renters make up 27.1% of the Boron (zip 93516) population
- 2.9% of houses and apartments in Boron (zip 93516), 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.