The housing market in 96140 Carnelian Bay, CA is considerably more expensive than the US median house value. The median housing value of $972,300 in 96140 Carnelian Bay, CA is almost 3 times the US median house value of $338,100. Furthermore, while the US home appreciation rate for the past year was 8.27%, people living in 96140 Carnelian Bay saw a much lower appreciation rate of only 3.89%. Although the appreciation rate is still positive, it's much lower than other parts of the country.
The median home cost in Carnelian Bay (zip 96140) is $972,300. Home appreciation the last 10 years has been 128.2%. Home Appreciation in Carnelian Bay (zip 96140) is up 8.6%.
Average Age of Homes
- The median age of Carnelian Bay (zip 96140) real estate is 41 years old
The Rental Market in Carnelian Bay (zip 96140)
- Renters make up 9.0% of the Carnelian Bay (zip 96140) population
- 1.3% of houses and apartments in Carnelian Bay (zip 96140), 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.