Imperial First-Time Homebuyer Report for October

The population of Imperial is growing faster than the rest of California, at a 10-year growth rate of 61.2%. It's a larger than average city compared to the rest of the state, with 14,758 residents. Imperial is made up of homes that are considered relatively new with a median of 12 years. Heading the list of top schools in the city is Westside Elementary School.

Price Range

Imperial has some of the more affordable homes in the state with a median home value of $147,400 and a current average list price of $252,225.

Curious as to which homes have been getting the most attention in Imperial? These listings have stirred up interest and produced the most views:

$259K   $246K   $215K  

Typical Dwelling

A three-bedroom detached home valued around $214,396 is considered a typical dwelling in Imperial. If a buyer was looking for a similar home, they would need good credit and a $42,879 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,151 and the property tax rate is $8.74 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
El Dorado Realty
Snapped 5 homes in this area
Prince & Associates Realtors
Snapped 2 homes in this area

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