93505 Zip Code First-Time Homebuyer Report for October

The 93505 zip code is older than the rest of California, with a median age of 35. It's somewhat affluent as well, with a median income of $54,680 per household. The 93505 zip code market is primarily made up of detached houses, which currently account for 83% of the homes for sale in the area. Topping the list of best schools in the zip code is Robert P. Ulrich Elementary School.

Culture

According to Foursquare, McDonalds, Gloria's Mexican Restaurant, and Green Tea Garden are the most popular spots to eat in 93505. If you'd like to shop, a popular place is Rite Aid.

Price Range

Some of the least expensive homes in California are in the 93505 zip code with a median home value of $65,000, while the list prices of available homes is currently at an average of $137,657. In this week's report, the number of homes sold in the 93505 zip code market fell to six over the past 30 days, a decrease of 14.3% 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 93505 zip code:

$132K   $245K   $185K  

Typical Dwelling

The typical dwelling in the 93505 zip code is a three-bedroom detached home worth about $111,807. To purchase a similar home, a buyer with good credit and a $22,361 cash down payment could obtain a mortgage with a 3.95% interest rate and a $675 monthly payment. The property tax rate is $11.82 per $1,000 of taxable assessed value.

Get started right now by checking out 93505 homes for sale or reviewing 93505 real estate trends.


Data reported through 10/13/2016

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Ask a local expert about this area:
Ace Realty
Snapped 2 homes in this area
Re/Max Tehachapi Inc.
Snapped 2 homes in this area
The Childress Group @ Triple T Realty Services, Inc
Snapped 1 home in this area

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