The housing market in Livermore, California (zip code 94550) is a much higher median value than the national average of $338,100. The median house value in Livermore is $1,120,100 which is more than three times the national median. This suggests that the area may be an attractive option for those looking to enter the housing market. Despite the higher median value, the year-over-year appreciation rate for houses in Livermore is still lower than the national average at 5.52%. This lower appreciation rate can be attributed to a variety of factors including local economic conditions and population growth trends. While it may cost significantly more to purchase a home in this area compared to other parts of the country, buyers may find that it’s worth it if they plan on staying long term as there is still potential for capital gains over time.
The median home cost in Livermore (zip 94550) is $1,120,100. Home appreciation the last 10 years has been 141.5%. Home Appreciation in Livermore (zip 94550) is up 10.9%.
Average Age of Homes
- The median age of Livermore (zip 94550) real estate is 41 years old
The Rental Market in Livermore (zip 94550)
- Renters make up 27.4% of the Livermore (zip 94550) population
- 1.1% of houses and apartments in Livermore (zip 94550), 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.