California 12 month Home Value Appreciation During Covid-19

Since COVID-19, there has been an average of 11.42% increase in home value in the state of California. We have accumulated the top 12 cities in California with most appreciation from March 2020 to March 2021. Although there are some cities with a greater increase included on the list, we have selected cities with at least a 10,000 person population.

Add this unprecedented home value increases to the fact that we have super low rates in history, and now may be a good time to consider home refinancing.

If YOU OWN a home, cashing out some of that equity gain for other purposes may be a wise decision… when else can you borrow from yourself at record-breaking low rates?  Get a quick rate quote here.

City County March 2021 Typical Home Value Home Value Appreciation During Covid Estimated Population
Truckee Nevada $856,853 24.00% 16,474
South Lake Tahoe El Dorado $557,666 23.57% 21,939
Twentynine Palms San Bernardino $188,545 21.15% 26,147
Big Bear City San Bernardino $323,418 20.70% 13,463
Winton Merced $278,423 20.49% 11,288
Grass Valley Nevada $497,083 20.38% 12,891
Santa Paula Ventura $565,100 20.37% 30,098
Calexico Imperial $288,942 19.79% 39,946
Placerville El Dorado $472,248 19.56% 10,970
Spring Valley San Diego $597,869 19.05% 31,650
El Dorado Hills El Dorado $772,181 18.89% 192,000
Diamond Springs El Dorado $395,561 18.73% 11,731


Should you cash out or refinance at this time? It all comes down to dollars and cents.
Use our calculator or request a quote to see how much more we can leave in your pocket:



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