The housing market in La Mirada, CA (zip code 90638) is a notably expensive one compared to the national average. The median value of a house in this area is $807,000, which is more than double the US median value of $338,100. In the past year, houses in La Mirada have seen an appreciation of 9.16%, which is slightly higher than the national average of 8.27%. This high appreciation rate indicates that despite its current high cost, La Mirada real estate will continue to be in demand due to its reliable returns on investment.
The median home cost in La Mirada (zip 90638) is $807,000. Home appreciation the last 10 years has been 124.3%. Home Appreciation in La Mirada (zip 90638) is up 12.8%.
Average Age of Homes
- The median age of La Mirada (zip 90638) real estate is 57 years old
The Rental Market in La Mirada (zip 90638)
- Renters make up 21.4% of the La Mirada (zip 90638) population
- 0.7% of houses and apartments in La Mirada (zip 90638), 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.