The housing market in Garden Grove, California is thriving. The median value of a house in Garden Grove is $730,000 which is significantly higher than the US national median value of $338,100. In the past year the housing appreciation in Garden Grove was 10.89%, which is much higher than the US national appreciation rate of 8.27%. This shows that the people of Garden Grove are investing heavily in their housing market which has resulted in a booming economy and ever-increasing home values.
The median home cost in Garden Grove (zip 92843) is $730,000. Home appreciation the last 10 years has been 124.2%. Home Appreciation in Garden Grove (zip 92843) is up 16.4%.
Average Age of Homes
- The median age of Garden Grove (zip 92843) real estate is 51 years old
The Rental Market in Garden Grove (zip 92843)
- Renters make up 50.4% of the Garden Grove (zip 92843) population
- 1.3% of houses and apartments in Garden Grove (zip 92843), 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.