The housing market in Mission Viejo, CA (92691) is thriving. The median value of homes in the area is $938,500, which is significantly higher than the US median of $338,100. In addition, the one year appreciation rate for housing in this area is 14.67%, far exceeding the US appreciation rate of 8.27%. This data suggests that people are investing heavily in Mission Viejo real estate and that it's a great place to buy a home.
The median home cost in Mission Viejo (zip 92691) is $938,500. Home appreciation the last 10 years has been 109.2%. Home Appreciation in Mission Viejo (zip 92691) is up 22.3%.
Average Age of Homes
- The median age of Mission Viejo (zip 92691) real estate is 42 years old
The Rental Market in Mission Viejo (zip 92691)
- Renters make up 22.9% of the Mission Viejo (zip 92691) population
- 1.1% of houses and apartments in Mission Viejo (zip 92691), 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.