The housing market in 92845 Garden Grove, CA is quite expensive with a median value of $869,700. This is more than double the US house median value of $338,100. Furthermore, the one year house appreciation rate for this area is 10.89%, which is higher than the US average of 8.27%. This indicates that houses in 92845 Garden Grove, CA are in high demand and are increasing in value at a faster rate than other areas across the country.
The median home cost in Garden Grove (zip 92845) is $869,700. Home appreciation the last 10 years has been 124.2%. Home Appreciation in Garden Grove (zip 92845) is up 16.4%.
Average Age of Homes
- The median age of Garden Grove (zip 92845) real estate is 52 years old
The Rental Market in Garden Grove (zip 92845)
- Renters make up 18.8% of the Garden Grove (zip 92845) population
- 0.0% of houses and apartments in Garden Grove (zip 92845), 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.