Canoga Park First-Time Homebuyer Report for October

Canoga Park has one of the fastest growing populations in Los Angeles with a 3.1% increase over the last 10 years. Despite being ranked first for growth, it's currently only ranked 16th in terms of total population with 40,331 residents. Canoga Park is made up of homes that are considered older than most with a median of 42 years. Heading the list of top schools in the neighborhood is Carpenter Avenue Elementary School.

Culture

According to Foursquare, if shopping is your thing, you might enjoy Follow Your Heart, Ralphs, and Walgreens. If you like outdoor activities, some popular spots are Spectrum Athletic Clubs | West Hills and Lanark Park. For arts and entertainment, you'll find Cobalt Cafe and Madrid Theater.

Price Range

Canoga Park has some of the more affordable homes in the city with a median home value of $326,364 and a current average list price of $506,785.

Out of all the listings in Canoga Park, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$599K   $189K   $275K  

Typical Dwelling

A three-bedroom detached home valued around $555,317 is considered a typical dwelling in Canoga Park. If a buyer was looking for a similar home, they would need good credit and a $111,063 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,949 and the property tax rate is $7.73 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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