Housing in 91754 Monterey Park, CA is significantly higher than the median value of the United States. The median value of homes in 91754 Monterey Park, CA is 872,400 dollars while the US median value is only 338,100 dollars. Additionally, house appreciation rates in 91754 Monterey Park, CA are also higher than those of the United States as a whole with a 1-year appreciation rate of 9.53% compared to 8.27%. This suggests that housing in this area is highly desirable and a great investment opportunity for potential homeowners.
The median home cost in Monterey Park (zip 91754) is $872,400. Home appreciation the last 10 years has been 130.1%. Home Appreciation in Monterey Park (zip 91754) is up 17.2%.
Average Age of Homes
- The median age of Monterey Park (zip 91754) real estate is 58 years old
The Rental Market in Monterey Park (zip 91754)
- Renters make up 41.6% of the Monterey Park (zip 91754) population
- 0.8% of houses and apartments in Monterey Park (zip 91754), 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.