Oceano is a small city in California with a median income of $46,962 per household. Besides being less affluent than average, its population is older than others with a median age of 35 years. The Oceano market is mostly made up of detached houses, which currently account for 64% of the homes for sale in the area. The best school in the city is Branch Elementary School.
The median value of homes in Oceano is $249,700, making the area almost identical to others in California. At the same time, the average list price of available homes is presently $442,052. While home sales in the Oceano market have been above average, in this week's report they fell 10.0% to nine homes sold over the last 30 days.
Curious as to which homes have been getting the most attention in Oceano? These listings have stirred up interest and produced the most views:
A three-bedroom detached home valued around $460,402 is considered a typical dwelling in Oceano. If a buyer was looking for a similar home, they would need good credit and a $92,080 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,690 and the property tax rate is $7.63 per $1,000 of taxable assessed value.
Get started right now by checking out Oceano homes for sale or reviewing Oceano real estate trends.