The housing market in 93532 Elizabeth Lake, CA is a great investment for those looking to purchase a home. The median value of homes in this area is $427,400, which is significantly higher than the US median value of $338,100. Additionally, in the past year the US house appreciation rate was 8.27%, while the appreciation rate in 93532 Elizabeth Lake, CA was 3.84%. This indicates that although the initial cost of purchasing a home here may be higher than other parts of the country, buyers can still expect to see some gain on their investment in a shorter period of time.
The median home cost in Elizabeth Lake (zip 93532) is $427,400. Home appreciation the last 10 years has been 182.0%. Home Appreciation in Elizabeth Lake (zip 93532) is up 11.6%.
Average Age of Homes
- The median age of Elizabeth Lake (zip 93532) real estate is 34 years old
The Rental Market in Elizabeth Lake (zip 93532)
- Renters make up 20.8% of the Elizabeth Lake (zip 93532) population
- 0.5% of houses and apartments in Elizabeth Lake (zip 93532), 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.