October's First-Time Homebuyer Report for 94063 Zip Code

94063 is a larger than average zip code in California that has seen a 1.9% decrease in population over the last 10 years. It also has a total population of 32,159. With a median age of 47 years, homes in the 94063 zip code tend to be older than most. The best school in the zip code is Sandpiper Elementary School.

Culture

If you're looking to explore the community's favorite stores in 94063, then check out Costco Wholesale, Safeway, and Toys"R"Us, Foursquare's most popular places to go shopping. If you like outdoor activities, some popular spots are Courthouse Square and Bedwell Bayfront Park. You could also go see the popular Cinemark Redwood Downtown 20 and XD and Fox Theatre if you're interested in arts and entertainment.

Price Range

The median value of homes in the 94063 zip code is $357,800, making it one of the most valuable areas in California. At the same time, the average list price of available homes is presently $917,021. On top of a 16.7% reduction in sales numbers this week to land at five homes over the last 30 days, the 94063 zip code market still shows an identifiable trend downward overall.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 94063 zip code:

$1.4M   $874K   $899K  

Typical Dwelling

The typical dwelling in the 94063 zip code is a two-bedroom detached home worth about $811,819. To purchase a similar home, a buyer with good credit and a $162,364 cash down payment could obtain a mortgage with a 3.95% interest rate and a $4,082 monthly payment. The property tax rate is $5.34 per $1,000 of taxable assessed value.

Get started right now by checking out 94063 homes for sale or reviewing 94063 real estate trends.


Data reported through 10/13/2016

Comments:

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Better Homes and Gardens Real Estate J.F. Finnegan
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Realty One Group - Alliance
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