The housing market in 93263 Shafter, CA is relatively strong. According to the latest data, the median value of a house in this area is $315,000 which is slightly lower than the national median value of $338,100. However, over the last year, house appreciation in this area has been higher than the US average at 10.98%, compared to 8.27% for the nation as a whole. This indicates that homes in Shafter are increasing in value faster than in other areas of the country and may be a good investment opportunity for homebuyers looking to invest in real estate.
The median home cost in Shafter (zip 93263) is $315,000. Home appreciation the last 10 years has been 134.8%. Home Appreciation in Shafter (zip 93263) is up 16.4%.
Average Age of Homes
- The median age of Shafter (zip 93263) real estate is 33 years old
The Rental Market in Shafter (zip 93263)
- Renters make up 44.9% of the Shafter (zip 93263) population
- 1.2% of houses and apartments in Shafter (zip 93263), 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.