92656 Zip Code First-Time Homebuyer Report for October

The 92656 zip code is older than the rest of California, with a median age of 35. It's very affluent as well, with a median income of $84,225 per household. The 92656 zip code market mostly consists of condos and townhouses, accounting for 31% of the current homes in the area. Leading the list of top schools in the zip code are Don Juan Avila Elementary School, Aliso Viejo Middle School, and Aliso Niguel High School.

Culture

If you are interested in some outdoor fun, Foursquare says that 24 Hour Fitness and Aliso Viejo Ice Palace are the most popular places in 92656. You might also try Edwards Aliso Viejo 20 & IMAX and Center Stage Studio, a few popular destinations for entertainment. Lastly, Chili's Grill & Bar, Bagels & Brew, and Native Foods are well-known places to eat.

Price Range

Homes in the 92656 zip code are generally more expensive than others in the state with a median home value of $348,500 and an average list price of $547,936. Over the last 30 days, the 92656 zip code market showed positive signs with 93 homes sold, a 6.9% increase from last week's report.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 92656 zip code:

$364K   $764K   $765K  

Typical Dwelling

A two-bedroom condo valued around $423,586 is considered a typical dwelling in the 92656 zip code. If a buyer was looking for a similar home, they would need good credit and a $84,717 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,522 and the property tax rate is $7.36 per $1,000 of taxable assessed value.

Get started right now by checking out 92656 homes for sale or reviewing 92656 real estate trends.


Data reported through 10/13/2016

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