The housing market in Ocotillo, CA (92259) is booming! The median value of homes in the area is $201,000, which is much lower than the national median value of $338,100. However, over the past year house values have appreciated by 14.80%, significantly higher than the US 1 year appreciation rate of 8.27%. This high rate of appreciation makes Ocotillo a great place to invest in real estate and suggests that it's a desirable area to live.
The median home cost in Ocotillo (zip 92259) is $201,000. Home appreciation the last 10 years has been 191.0%. Home Appreciation in Ocotillo (zip 92259) is up 21.9%.
Average Age of Homes
- The median age of Ocotillo (zip 92259) real estate is 33 years old
The Rental Market in Ocotillo (zip 92259)
- Renters make up 5.5% of the Ocotillo (zip 92259) population
- 0.0% of houses and apartments in Ocotillo (zip 92259), 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.