The city of Grand Terrace, CA is a great place to live and invest in. The median housing value in Grand Terrace is currently $488,700, which is significantly higher than the US median house value of $338,100. Furthermore, the one year appreciation rate in Grand Terrace is 10.27%, which is 2 percentage points higher than the national average of 8.27%. This makes investing in Grand Terrace a sound decision for potential homeowners and investors alike. With its excellent location near Los Angeles and a growing population, real estate investments in Grand Terrace are expected to be profitable for years to come.
The median home cost in Grand Terrace (zip 92313) is $488,700. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Grand Terrace (zip 92313) is up 16.6%.
Average Age of Homes
- The median age of Grand Terrace (zip 92313) real estate is 39 years old
The Rental Market in Grand Terrace (zip 92313)
- Renters make up 36.1% of the Grand Terrace (zip 92313) population
- 3.4% of houses and apartments in Grand Terrace (zip 92313), 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.