City:

Biola, CA

Biola is a city in the state of california with a population of roughly 1,035. It is in Fresno County, California the Fresno, CA core-based statistical areas (CBSA), and the Fresno-Madera, CA combined statistical area (CSA).Its Zip codes include 93606 .

Trends in Home Prices in Biola, CA

Real estate in Biola, CA is a hot commodity. With a population of just over 10,000 people, the town is growing rapidly and there is plenty of opportunity for real estate investors. The town is located in the heart of wine country and has a number of wineries and vineyards within its boundaries. There are also several small businesses that cater to the wine industry, making it an ideal location for real estate investors.

The median home price in Biola was $475,000 as of September 2017. This is well above the statewide median home price of $394,500 but still below the national median home price of $479,900. The town's popularity as a wine-producing community may be one reason why homes here are more expensive than average; another reason may be that there are not many available units for sale. As Biola continues to grow and more homes become available for purchase, prices will likely rise faster than they have currently done.

There are several good reasons to invest in real estate in Biola, CA:

1) The town is growing rapidly and there is plenty of opportunity for real estate investors;

2) The town has a number of wineries and vineyards within its boundaries;

3) The median home price here is well above the statewide median home price but still below the national median home price;

4) There are not many available units for sale which may lead to higher prices down the road;

5) The town's popularity as a wine-producing community may be one reason why homes here are more expensive than average.

Price Index: Fresno, CA

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