The housing median value in 94022 Los Altos, CA is $4,138,400, which is significantly higher than the US house median value of $338,100. The one year US house appreciation rate is 8.27%, whereas the one year appreciation rate for Los Altos is 8.61%, indicating a slightly stronger growth in terms of housing prices in this area compared to the US average. With such high median values and increasing appreciation rates, 94022 Los Altos provides an attractive housing market for prospective home buyers and investors alike.
The median home cost in Los Altos (zip 94022) is $4,138,400. Home appreciation the last 10 years has been 88.1%. Home Appreciation in Los Altos (zip 94022) is up 13.3%.
Average Age of Homes
- The median age of Los Altos (zip 94022) real estate is 50 years old
The Rental Market in Los Altos (zip 94022)
- Renters make up 16.2% of the Los Altos (zip 94022) population
- 0.6% of houses and apartments in Los Altos (zip 94022), 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.