Mendocino County First-Time Homebuyer Report for October

Mendocino County is a county in California with a median income of $44,537 per household. Besides being less affluent than average, its population is much younger than others with a median age of 41 years. Ukiah, Fort Bragg, and Willits are the three largest cities in terms of population. The Mendocino County market almost exclusively consists of detached houses, accounting for 94% of the current homes in the area. Heading the list of top schools in the county is Mendocino Sunrise High School.

Culture

If you are interested in some outdoor fun, Foursquare says that Glass Beach and Mendocino Headlands State Park are the most popular places in Mendocino County. For arts and entertainment, you'll find Coast Cinemas and Sea Glass Museum & Jewelry Gift Shop. Lastly, Eggheads Restaurant, Mendocino Cafe, and Goodlife Cafe & Bakery are well-known places to eat.

Price Range

The housing prices of Mendocino County are close to the state average with a median home value of $253,700 and a current average list price of $520,070. With a median house value of 410,500, Mendocino has the most highly priced homes in the county. The Mendocino County market got positive news this week as sales climbed 18.0% to reach 59 homes sold over the last 30 days, breaking above the average sales volume for the prior 12 months.

Make sure you take a look at these eye-catching homes in Mendocino County that generated the most views from potential buyers:

$4M   $4M   $1.4M  

Typical Dwelling

A three-bedroom detached home valued around $521,632 is considered a typical dwelling in Mendocino County. If a buyer was looking for a similar home, they would need good credit and a $104,326 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,607 and the property tax rate is $7.16 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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