There are currently 13,050 real estate properties in LOMPOC, CA, with a median automated valuation model (AVM) price of $534,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in LOMPOC, 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 LOMPOC, CA, is $560,642.00, with the most expensive house in LOMPOC, CA, topping out at $16,310,400.00 and the cheapest home in LOMPOC, CA, clocking in at $57,200.00. In other words, there’s something for every potential homebuyer or savvy investor in LOMPOC, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in LOMPOC, CA, is on a rollercoaster ride. The average rent price in LOMPOC, CA, is $1,902.00. Indeed, when looking to rent in LOMPOC, CA, you can expect to pay as little as $960.00 or as much as $4,380.00, with the average rent median estimated to be $1,870.00. The good news is that finding an affordable and desirable property to rent in LOMPOC, 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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