The housing market in 93901 Salinas, CA is quite expensive compared to the rest of the country. The median value of a house in this area is currently $676,600, which is almost twice as much as the U.S. median value of $338,100. While there has been significant appreciation in housing prices nationally at 8.27%, values have increased slightly more slowly in 93901 Salinas, CA at 7.80%. This shows that while housing values are still increasing at a good rate, they are not quite keeping up with the national average.
The median home cost in Salinas (zip 93901) is $676,600. Home appreciation the last 10 years has been 157.7%. Home Appreciation in Salinas (zip 93901) is up 14.7%.
Average Age of Homes
- The median age of Salinas (zip 93901) real estate is 52 years old
The Rental Market in Salinas (zip 93901)
- Renters make up 57.0% of the Salinas (zip 93901) population
- 0.8% of houses and apartments in Salinas (zip 93901), 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.