Housing in Paramount, CA (90723) is a bit pricier than the US median value. The median home value in Paramount is $561,100 compared to the US median of $338,100. While the US has seen an 8.27% increase in house values over the past year, Paramount has been slower with only a 5.55% increase during that same time period. This could be attributed to Paramount's more expensive housing market and lack of available property for sale. In any case, it appears that Paramount still remains one of the most desirable places to live and purchase real estate in Southern California.
The median home cost in Paramount (zip 90723) is $561,100. Home appreciation the last 10 years has been 115.7%. Home Appreciation in Paramount (zip 90723) is up 14.3%.
Average Age of Homes
- The median age of Paramount (zip 90723) real estate is 48 years old
The Rental Market in Paramount (zip 90723)
- Renters make up 59.0% of the Paramount (zip 90723) population
- 1.5% of houses and apartments in Paramount (zip 90723), 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.