The housing market in 94530 El Cerrito, CA is relatively high compared to the national average. The median value for housing in this area is $1,139,300, which is over three times the US House Median Value of $338,100. Additionally, while the US 1 year House Appreciation rate was 8.27%, the house 1 year appreciation rate in El Cerrito was 5.52%. This means that although El Cerrito's housing prices are higher than average, they have not been increasing at a rate as quickly as most other areas in the US.
The median home cost in El Cerrito (zip 94530) is $1,139,300. Home appreciation the last 10 years has been 141.5%. Home Appreciation in El Cerrito (zip 94530) is up 10.9%.
Average Age of Homes
- The median age of El Cerrito (zip 94530) real estate is 62 years old
The Rental Market in El Cerrito (zip 94530)
- Renters make up 37.8% of the El Cerrito (zip 94530) population
- 0.6% of houses and apartments in El Cerrito (zip 94530), 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.