In Summerland, CA (ZIP 93067), the median value of a house is $1,917,500. This is significantly higher than the national median value of $338,100. Although the one-year appreciation rate for houses in the US is 8.27%, it is only 4.19% in Summerland. Despite this lower rate of appreciation in Summerland compared to the national average, housing prices are still incredibly high due to its desirable location near beaches and other attractions.
The median home cost in Summerland (zip 93067) is $1,917,500. Home appreciation the last 10 years has been 118.4%. Home Appreciation in Summerland (zip 93067) is up 14.4%.
Average Age of Homes
- The median age of Summerland (zip 93067) real estate is 38 years old
The Rental Market in Summerland (zip 93067)
- Renters make up 47.7% of the Summerland (zip 93067) population
- 20.3% of houses and apartments in Summerland (zip 93067), 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.