90731 Zip Code's October First-Time Homebuyer Report

The 90731 zip code is a zip code in California with a median income of $44,839 per household. Besides being less affluent than average, its population is older than others with a median age of 35 years. The 90731 zip code market is mostly made up of detached houses, which currently account for 64% of the homes for sale in the area. The best school in the zip code is Carpenter Avenue Elementary School.

Culture

If you are interested in some outdoor fun, Foursquare says that Port of San Pedro and San Pedro Lobster Fest are the most popular places in 90731. If you like arts and entertainment, some popular spots are CRAFTED at the Port of Los Angeles and Warner Grand Theatre. And finally, San Pedro Fish Market and Restaurant, Ports O' Call Waterfront Dining Restaurant, and Omelette and Waffle Shop are frequently visited spots to eat.

Price Range

The median value of homes in the 90731 zip code is $329,300, making it one of the most valuable areas in California. At the same time, the average list price of available homes is presently $570,394. In this week's report, the number of homes sold in the 90731 zip code market fell to 32 over the past 30 days, a decrease of 13.5% from last week's report, but still above the monthly average.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 90731 zip code:

$925K   $340K   $550K  

Typical Dwelling

A three-bedroom detached home valued around $625,060 is considered a typical dwelling in the 90731 zip code. If a buyer was looking for a similar home, they would need good credit and a $125,012 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,319 and the property tax rate is $7.73 per $1,000 of taxable assessed value.

Get started right now by checking out 90731 homes for sale or reviewing 90731 real estate trends.


Data reported through 10/13/2016

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