Santa Cruz, CA is an affluent area with a median housing value of $1,303,400. This is well above the US house median value of $338,100. The US has seen an 8.27% appreciation in housing over the past year, whereas Santa Cruz experienced a slightly lower 7.64% appreciation rate. With this steady growth and higher-than-average housing prices, Santa Cruz offers great potential for investments in real estate.
The median home cost in Santa Cruz (zip 95060) is $1,303,400. Home appreciation the last 10 years has been 105.8%. Home Appreciation in Santa Cruz (zip 95060) is up 11.9%.
Average Age of Homes
- The median age of Santa Cruz (zip 95060) real estate is 47 years old
The Rental Market in Santa Cruz (zip 95060)
- Renters make up 47.9% of the Santa Cruz (zip 95060) population
- 1.1% of houses and apartments in Santa Cruz (zip 95060), 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.