The housing in 90262 Lynwood, CA is much more expensive than the national average. The median value of homes in this area is $611,400 while the US median home value is only $338,100. Additionally, the house appreciation has been strong here over the past year with an appreciation rate of 12.08%, significantly higher than the national average of 8.27%. This shows that real estate values are on an upward trend and that homeowners can expect to see a return on their investment.
The median home cost in Lynwood (zip 90262) is $611,400. Home appreciation the last 10 years has been 119.9%. Home Appreciation in Lynwood (zip 90262) is up 16.0%.
Average Age of Homes
- The median age of Lynwood (zip 90262) real estate is 62 years old
The Rental Market in Lynwood (zip 90262)
- Renters make up 52.9% of the Lynwood (zip 90262) population
- 0.8% of houses and apartments in Lynwood (zip 90262), 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.