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Thermal, CA Properties

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Find, analyze, and compare Thermal, CA investment properties, including off-market opportunities and residential homes with value-add potential. Thermal offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout California. Explore housing market trends in Thermal, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Thermal, CA for your real estate goals.

In Thermal, the median property value currently stands at $385,589, reflecting a 11.62% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $657,850 (a 0.02% gain). The housing market includes a total of 26,208 houses.The median home in Thermal has 1,200 square feet of living space, priced at a median of $273 per square foot with a median year built of 1991. For long-term rental properties in Thermal, the median annual gross rental income is $44,400 (or $3,700/month) with estimated operating expenses of $7,666, resulting in an approximate gross cap rate of 8.85%.

Property Intel by Whitepages helps investors and homeowners explore the Thermal area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Thermal, CA.

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CAThermal

Housing Market Trends & Statistics for Thermal, California

Median Property Value
$385,589
Total number of Properties
26,208
Median Living Space
1,200 sq ft
Median Year Built
1991 (34 years)
5-Year Appreciation Forecast
$657,850
Median Lot Size
10,451 sq ft
Average Ownership
11 months
for Thermal, CA
  • Est. Rental Income
    $44,400 ($3,700 per month)
  • Net Operating Income
    $36,734 ($3,061 per month)
  • Cap Rate
    8.85%

Find Investment Properties in Thermal

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