Living in Rumsey, CA
Rumsey is a quaint unincorporated community situated in the beautiful Capay Valley of Northern California. Known for its rural charm, the area offers a peaceful lifestyle with access to stunning natural landscapes. Residents enjoy outdoor activities such as hiking and exploring local vineyards, making it a great spot for nature lovers.
Current Market Conditions in Rumsey, CA
The real estate market in Rumsey is characterized by its affordability compared to more urban areas in California. With a mix of older homes and new constructions, the market has seen a stable demand for properties due to the increasing interest in rural living, especially following the rise of remote work trends during the pandemic. The market is currently seeing a steady appreciation in property values as more buyers are looking to invest in homes with land in serene locations.
As of late 2023, listings in Rumsey have been slowly increasing, providing buyers with more options. The competition remains moderate, as the charm of the community attracts families and retirees alike, contributing to a healthy market dynamic.
Home Value Estimator For Rumsey, CA
There are currently 40 real estate properties
in Rumsey, CA,
with a median automated valuation model (AVM) price
of $497,879.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rumsey, 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 Rumsey, CA,
is $602,475.00, with the most expensive house
in Rumsey, CA, topping out
at $1,305,534.00 and the cheapest home
in Rumsey, CA,
clocking in at $222,600.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rumsey, CA!
Rent Prices
In Rumsey, CA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rumsey, CA, is on
a rollercoaster ride. The
average rent price in Rumsey, CA,
is $1,663.00. Indeed, when looking to rent in
Rumsey, CA, you can expect to pay as little
as $940.00 or as much
as $3,140.00,
with the average rent median estimated to
be $1,590.00. The good news is that finding
an affordable and desirable property to rent in Rumsey, 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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