Sylmar, CA Foreclosures
How much do homes sell for in Sylmar, CA?
The average home price is currently $811,172.
In Sylmar, CA, how many homes are available?
There are currently 77 active home listings available in Sylmar.
What’s the average rental cost in Sylmar, CA?
The average rental price in Sylmar is $2,580.
What is the most expensive home in Sylmar?
The most expensive home sold in Sylmar had a price of $77,388,024.
What is currently the cheapest priced home in Sylmar, CA?
The cheapest home for sale in Sylmar is priced at $89,635.
Living in Sylmar, CA
Sylmar, CA, offers a unique blend of suburban tranquility and urban convenience, perfect for families and outdoor enthusiasts. With picturesque parks and proximity to the Angeles National Forest, residents enjoy plenty of recreational activities. The neighborhood features essential amenities, educational institutions, and vibrant community events, making it an ideal place to call home.
Current Market Conditions in Sylmar, CA
The real estate market in Sylmar, CA, is currently experiencing a surge in interest due to its affordability compared to nearby Los Angeles areas. The demand for homes has increased, resulting in a stable appreciation in property values. As more families are drawn to the area for its schools and parks, the market continues to strengthen, making it a viable option for both buyers and investors.
Properties in Sylmar typically sell quickly, often receiving multiple offers, indicating a competitive market. The area is also seeing an uptick in new developments, which provides more housing options for prospective buyers.
Home Value Estimator For Sylmar, CA
There are currently 20,980 real estate properties
in Sylmar, CA,
with a median automated valuation model (AVM) price
of $780,286.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sylmar, 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 Sylmar, CA,
is $811,172.00, with the most expensive house
in Sylmar, CA, topping out
at $77,388,024.00 and the cheapest home
in Sylmar, CA,
clocking in at $89,635.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sylmar, CA!
Rent Prices
In Sylmar, CA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sylmar, CA, is on
a rollercoaster ride. The
average rent price in Sylmar, CA,
is $2,580.00. Indeed, when looking to rent in
Sylmar, CA, you can expect to pay as little
as $1,350.00 or as much
as $5,640.00,
with the average rent median estimated to
be $2,660.00. The good news is that finding
an affordable and desirable property to rent in Sylmar, 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
