The housing market in 94087 Sunnyvale, CA is booming. The median value of a house in this zip code is an impressive $2,184,600 - much higher than the US House Median Value of $338,100. This means that housing prices are significantly higher here than in other parts of the country. Furthermore, the appreciation rate for homes over the past year has been 8.61%, which is slightly higher than the US 1 year House Appreciation rate of 8.27%. These numbers indicate that 94087 Sunnyvale, CA has seen a strong increase in home values recently and is likely to continue to do so in the future.
The median home cost in Sunnyvale (zip 94087) is $2,184,600. Home appreciation the last 10 years has been 88.1%. Home Appreciation in Sunnyvale (zip 94087) is up 13.3%.
Average Age of Homes
- The median age of Sunnyvale (zip 94087) real estate is 51 years old
The Rental Market in Sunnyvale (zip 94087)
- Renters make up 39.7% of the Sunnyvale (zip 94087) population
- 1.9% of houses and apartments in Sunnyvale (zip 94087), 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.