October's First-Time Homebuyer Report for 94560 Zip Code

The 94560 zip code has an older population than other areas in California with a median age of 35 years. It is also very affluent with a median income of $79,378 per household. The 94560 zip code market mostly consists of detached houses, accounting for 58% of the current homes in the area. Heading the list of top schools in the zip code is Brookvale Elementary School.

Price Range

Some of the more expensive homes in California are in the 94560 zip code with a median home value of $325,300 and an average list price for available homes currently at $688,773. The 94560 zip code market saw sales drop 9.8% this week but it is currently in the midst of an emerging upward sales trend, including 46 homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 94560 zip code:

$1.2M   $599K   $1.2M  

Typical Dwelling

A three-bedroom detached home valued around $715,170 is considered a typical dwelling in the 94560 zip code. If a buyer was looking for a similar home, they would need good credit and a $143,034 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $3,144 and the property tax rate is $7.10 per $1,000 of taxable assessed value.

Get started right now by checking out 94560 homes for sale or reviewing 94560 real estate trends.


Data reported through 10/13/2016

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