The housing median value in 96122 Portola, CA is $260,400. This is significantly lower than the US House Median Value of $338,100. Despite this disparity in prices, the house appreciation rate in 96122 Portola, CA over the past year has still been positive at 3.89%, which is nearly a third of the US 1 year House Appreciation rate of 8.27%. Therefore, although housing costs may be more expensive across the nation, buyers in 96122 Portola can still find relative value for their money with a moderate rate of house appreciation.
The median home cost in Portola (zip 96122) is $260,400. Home appreciation the last 10 years has been 128.2%. Home Appreciation in Portola (zip 96122) is up 8.6%.
Average Age of Homes
- The median age of Portola (zip 96122) real estate is 34 years old
The Rental Market in Portola (zip 96122)
- Renters make up 21.9% of the Portola (zip 96122) population
- 1.9% of houses and apartments in Portola (zip 96122), 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.