The housing market in Martinez, CA (94553) is quite expensive compared to the US House Median Value of $338,100. The Housing Median Value in Martinez is $721,900 – almost twice as much – and while the US 1 year House Appreciation rate is 8.27%, the House 1 year appreciation in Martinez is 5.52%. While this may seem like a drop in value over the year, it still means that the housing market in Martinez remains strong and investing in property is still a good option for potential buyers.
The median home cost in Martinez (zip 94553) is $721,900. Home appreciation the last 10 years has been 141.5%. Home Appreciation in Martinez (zip 94553) is up 10.9%.
Average Age of Homes
- The median age of Martinez (zip 94553) real estate is 44 years old
The Rental Market in Martinez (zip 94553)
- Renters make up 33.0% of the Martinez (zip 94553) population
- 1.2% of houses and apartments in Martinez (zip 94553), 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.