The housing market in 95432 Elk, CA is significantly more expensive than the national average. The median value of a home in 95432 Elk is $777,200 compared to the US median of $338,100. Despite this high median value, the one-year appreciation rate for homes in 95432 Elk is only 1.98%, considerably lower than the 8.27% national appreciation rate for the same period. This suggests that while homes in 95432 Elk may be expensive relative to other areas around the country, its real estate market may not be as desirable or healthy as other locations.
The median home cost in Elk (zip 95432) is $777,200. Home appreciation the last 10 years has been 121.5%. Home Appreciation in Elk (zip 95432) is up 9.5%.
Average Age of Homes
- The median age of Elk (zip 95432) real estate is 43 years old
The Rental Market in Elk (zip 95432)
- Renters make up 10.7% of the Elk (zip 95432) population
- 2.5% of houses and apartments in Elk (zip 95432), 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.