Housing in 90623 La Palma, CA is a great investment. The median value of houses in this location is $1,021,900, which is more than 3 times the US house median value of $338,100. Additionally, the 1 year house appreciation rate in 90623 La Palma, CA is 9.16%, which is higher than the US 1 year house appreciation rate of 8.27%. With these values it is clear that housing in 90623 La Palma, CA offers excellent return on investments and should be taken into consideration for those looking to invest in real estate.
The median home cost in La Palma (zip 90623) is $1,021,900. Home appreciation the last 10 years has been 124.3%. Home Appreciation in La Palma (zip 90623) is up 12.8%.
Average Age of Homes
- The median age of La Palma (zip 90623) real estate is 46 years old
The Rental Market in La Palma (zip 90623)
- Renters make up 27.7% of the La Palma (zip 90623) population
- 1.0% of houses and apartments in La Palma (zip 90623), 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.