Ballico, CA Foreclosures
How much do homes sell for in Ballico, CA?
The average home price is currently $499,098.
In Ballico, CA, how many homes are available?
There are currently 323 active home listings available in Ballico.
What’s the average rental cost in Ballico, CA?
The average rental price in Ballico is $1,510.
What is the most expensive home in Ballico?
The most expensive home sold in Ballico had a price of $1,095,300.
What is currently the cheapest priced home in Ballico, CA?
The cheapest home for sale in Ballico is priced at $234,400.
Living in Ballico, CA
Ballico, CA is a quaint, rural community nestled in the heart of Merced County. Known for its agricultural backdrop, the area fosters a family-friendly vibe with a welcoming atmosphere. With convenient access to major highways and nearby towns, Ballico offers the charm of country living alongside essential amenities.
Current Market Conditions in Ballico, CA
The real estate market in Ballico, CA, has shown signs of stability with a moderate increase in home values over the past year. Buyers are drawn to the area's peaceful lifestyle and agricultural charm, making it an attractive option for families and retirees alike. With several homes on the market, there is a balanced competition, providing opportunities for both first-time buyers and seasoned investors.
In recent months, the demand for homes in Ballico has risen slightly, influenced by low interest rates and an increasing interest in rural living. Potential buyers are encouraged to act quickly, as homes are selling at a steadier pace compared to the last year.
Home Value Estimator For Ballico, CA
There are currently 90 real estate properties
in Ballico, CA,
with a median automated valuation model (AVM) price
of $464,400.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ballico, CA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Ballico, CA,
is $499,098.00, with the most expensive house
in Ballico, CA, topping out
at $1,095,300.00 and the cheapest home
in Ballico, CA,
clocking in at $234,400.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ballico, CA!
Rent Prices
In Ballico, CA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ballico, CA, is on
a rollercoaster ride. The
average rent price in Ballico, CA,
is $1,510.00. Indeed, when looking to rent in
Ballico, CA, you can expect to pay as little
as $1,080.00 or as much
as $2,520.00,
with the average rent median estimated to
be $1,450.00. The good news is that finding
an affordable and desirable property to rent in Ballico, CA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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