October's First-Time Homebuyer Report for 94598 Zip Code

The 94598 zip code is much younger than the rest of California, with a median age of 46. It's very affluent as well, with a median income of $99,112 per household. The 94598 zip code market currently consists of an even amount of detached house and condo/townhouses. Leading the list of top schools in the zip code are Alamo Elementary School, Stone Valley Middle School, and Northgate High School.

Culture

If you're looking to explore the leisure side of 94598, then check out Santa Cruz Beach, Foursquare's most popular place for arts and entertainment. If you're looking to explore the outdoors, some favorite spots are Boundary Oak Golf Course and Arbolado Park.

Price Range

Some of the more expensive homes in California are in the 94598 zip code with a median home value of $520,000 and an average list price for available homes currently at $916,418. The 94598 zip code market broke below its 12-month average sales volume this week as sales dropped 22.2% to hit 28 homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 94598 zip code:

$1.1M  

Typical Dwelling

A four-bedroom detached home valued around $1,110,850 is considered a typical dwelling in the 94598 zip code. If a buyer was looking for a similar home, they would need good credit and a $222,170 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $3,581 and the property tax rate is $7.60 per $1,000 of taxable assessed value.

Get started right now by checking out 94598 homes for sale or reviewing 94598 real estate trends.


Data reported through 10/13/2016

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