Zip 93950 (Pacific Grove, CA) Housing

The housing market in 93950 Pacific Grove, CA has seen an appreciation rate of 7.80% over one year, which is just under the national average of 8.27%. The median home value in this area is currently $1,287,000, which is much higher than the US median value of $338,100. This area is a desirable location and the high prices are reflective of that.

The median home cost in Pacific Grove (zip 93950) is $1,287,000. Home appreciation the last 10 years has been 157.7%. Home Appreciation in Pacific Grove (zip 93950) is up 14.7%.

Average Age of Homes

- The median age of Pacific Grove (zip 93950) real estate is 60 years old

The Rental Market in Pacific Grove (zip 93950)

- Renters make up 42.0% of the Pacific Grove (zip 93950) population
- 4.5% of houses and apartments in Pacific Grove (zip 93950), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Pacific Grove, California	United States
	8,229.0	139,647,020.0
	63	42
	$1,287,000	$338,100
	14.7%	16.6%
	55.6%	57.0%
	157.7%	101.1%
	$6.23	$10.98
	$5,792	$2,690
	38.2%	57.4%
	18.2%	11.2%
	43.6%	31.4%
Vacant Housing
	4.5%	1.9%
	0.2%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	9.8%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.9%	4.5%
	0.0%	11.3%
	0.6%	13.0%
	0.5%	20.1%
	1.0%	13.6%
	2.4%	8.3%
	15.6%	9.7%
	38.7%	3.9%
	22.4%	2.2%
	8.2%	0.8%
	8.5%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.2%	13.6%
	3.2%	13.6%
	4.3%	13.6%
	7.6%	13.2%
	12.8%	14.8%
	4.3%	13.6%
	20.8%	10.0%
	6.8%	4.7%
	25.5%	12.2%

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