The housing market in 94030 Millbrae, CA is thriving, with a median home value of $1,870,100. This is significantly higher than the US median house value of $338,100. What's more, the one year appreciation rate for homes in 94030 Millbrae was 8.61%, outpacing the national one year appreciation rate of 8.27%. These impressive numbers show that real estate in this area is a profitable investment as values are sure to increase rapidly over time.
The median home cost in Millbrae (zip 94030) is $1,870,100. Home appreciation the last 10 years has been 88.1%. Home Appreciation in Millbrae (zip 94030) is up 13.3%.
Average Age of Homes
- The median age of Millbrae (zip 94030) real estate is 57 years old
The Rental Market in Millbrae (zip 94030)
- Renters make up 33.7% of the Millbrae (zip 94030) population
- 1.9% of houses and apartments in Millbrae (zip 94030), 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.