El Centro, CA is a great place to buy a home, as its housing median value is $310,400. This is lower than the US house median value of $338,100, but the appreciation rate is higher at 14.80%, which is 6.53% higher than the US 1 year appreciation rate of 8.27%. In general, El Centro has an incredibly favorable housing market for prospective homebuyers who are looking for an affordable and profitable way to invest in real estate.
The median home cost in El Centro (zip 92243) is $310,400. Home appreciation the last 10 years has been 191.0%. Home Appreciation in El Centro (zip 92243) is up 21.9%.
Average Age of Homes
- The median age of El Centro (zip 92243) real estate is 39 years old
The Rental Market in El Centro (zip 92243)
- Renters make up 42.2% of the El Centro (zip 92243) population
- 1.8% of houses and apartments in El Centro (zip 92243), 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.