Coachella, CA Foreclosures
How much do homes sell for in Coachella, CA?
The average home price is currently $467,403.
What’s the average rental cost in Coachella, CA?
The average rental price in Coachella is $1,585.
What is the most expensive home in Coachella?
The most expensive home sold in Coachella had a price of $24,366,587.
What is currently the cheapest priced home in Coachella, CA?
The cheapest home for sale in Coachella is priced at $39,251.
Living in Coachella, CA
Coachella, CA, is located in the heart of the Coachella Valley and is celebrated for its vibrant community and annual music festivals. This warm desert city offers ample outdoor activities, diverse dining options, and a strong sense of community. With its strategic location and a mix of amenities, Coachella is an appealing choice for families and individuals alike.
Current Market Conditions in Coachella, CA
The real estate market in Coachella, CA, has shown significant growth over recent years, primarily due to its popularity as an affordable alternative to neighboring areas like Palm Springs. The demand for housing has increased as more people recognize the allure of the desert lifestyle, leading to a rise in both home prices and rental rates. Several new developments and renovations are appearing, catering to various buyer demographics, from families to retirees.
Active listings have been moderately competitive, with homes selling at a faster pace compared to previous years. The housing inventory tends to fluctuate, driven by seasonal demand, especially surrounding major events in the area. Overall, provided economic growth in the region continues, the Coachella real estate market is likely to remain robust.
Home Value Estimator For Coachella, CA
There are currently 8,431 real estate properties
in Coachella, CA,
with a median automated valuation model (AVM) price
of $427,385.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Coachella, 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 Coachella, CA,
is $467,403.00, with the most expensive house
in Coachella, CA, topping out
at $24,366,587.00 and the cheapest home
in Coachella, CA,
clocking in at $39,251.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Coachella, CA!
Rent Prices
In Coachella, CA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Coachella, CA, is on
a rollercoaster ride. The
average rent price in Coachella, CA,
is $1,585.00. Indeed, when looking to rent in
Coachella, CA, you can expect to pay as little
as $700.00 or as much
as $4,280.00,
with the average rent median estimated to
be $1,430.00. The good news is that finding
an affordable and desirable property to rent in Coachella, 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.
Learn more on Foreclosure homes
