Glendale, CA

Population: 196,021
Average annual home appreciation rate: 11.80%
Total of homes for sale in this market: 232
Median home price: $742,860
Median Rent: $1,500 per room
Home price range: 37.02% of homes are between $632,001 – $948,000
Median sales price: no data
Number of homes: 264
Median foreclosure sales price: $579,500
Foreclosure discount: No data
Most common home type: 50.91% of homes are COMPLEXES OR HIGH RISE APARTMENTS
Number of vacant homes: 5.16%
Number of renters: 62.97%
Number of owner occupied: 37.03%
Number people living below poverty level: 14.18%
Unemployment rate: 6.70%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Glendale area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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