Housing in 92398 Yermo, CA is a great investment. The median value of housing in the area is $166,600 which is lower than the US median value of $338,100. Additionally, the one year house appreciation rate for Yermo is 10.27%, which is higher than the US rate of 8.27%. With its low housing prices and high appreciation rate, investing in property in 92398 Yermo, CA can be an excellent way to build wealth over time.
The median home cost in Yermo (zip 92398) is $166,600. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Yermo (zip 92398) is up 16.6%.
Average Age of Homes
- The median age of Yermo (zip 92398) real estate is 36 years old
The Rental Market in Yermo (zip 92398)
- Renters make up 21.5% of the Yermo (zip 92398) population
- 0.0% of houses and apartments in Yermo (zip 92398), 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.