Housing in 95968 Palermo, CA is significantly lower than the national median. The median value of a house in this area is $240,200, compared to the US House Median Value of $338,100. Despite this difference, the one year growth rate for Palermo homes is 3.09%, which is still slower than the 8.27% national house appreciation rate over the same period. This suggests that although Palermo may have less expensive housing initially, it isn't keeping as much pace with other areas in terms of appreciation over time.
The median home cost in Palermo (zip 95968) is $240,200. Home appreciation the last 10 years has been 129.9%. Home Appreciation in Palermo (zip 95968) is up 9.0%.
Average Age of Homes
- The median age of Palermo (zip 95968) real estate is 51 years old
The Rental Market in Palermo (zip 95968)
- Renters make up 23.4% of the Palermo (zip 95968) population
- 0.0% of houses and apartments in Palermo (zip 95968), 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.