The housing market in Concord, CA (zip code 94520) is doing relatively well compared to the US house median value and appreciation rate. According to recent data, the median value of houses in 94520 Concord is $600,900 which is significantly higher than the US median house value of $338,100. Additionally, the US house appreciation rate in the past year has been 8.27%, while in Concord it has been 5.52%. This shows that while real estate prices and appreciation are still strong in 94520 Concord, it is not as high as other parts of the country.
The median home cost in Concord (zip 94520) is $600,900. Home appreciation the last 10 years has been 141.5%. Home Appreciation in Concord (zip 94520) is up 10.9%.
Average Age of Homes
- The median age of Concord (zip 94520) real estate is 47 years old
The Rental Market in Concord (zip 94520)
- Renters make up 61.2% of the Concord (zip 94520) population
- 1.1% of houses and apartments in Concord (zip 94520), 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.