Housing in Westmorland, CA (92281) is rapidly appreciating, with the Median Value being $193,600 and a 1 year appreciation rate of 14.80%. This is significantly higher compared to the US House median value of $338,100 and 1 year appreciation rate of 8.27%. Westmorland's strong real estate market shows that it is an attractive area for potential buyers looking to invest in property. The higher rates of appreciation indicate that it is a wise investment, and there are many opportunities to make a sound financial decision when purchasing a home in Westmorland.
The median home cost in Westmorland (zip 92281) is $193,600. Home appreciation the last 10 years has been 191.0%. Home Appreciation in Westmorland (zip 92281) is up 21.9%.
Average Age of Homes
- The median age of Westmorland (zip 92281) real estate is 37 years old
The Rental Market in Westmorland (zip 92281)
- Renters make up 38.5% of the Westmorland (zip 92281) population
- 0.9% of houses and apartments in Westmorland (zip 92281), 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.