October's First-Time Homebuyer Report for Arrowhead

The population of Arrowhead ranks as the youngest in San Bernardino with a median age of 33 years. It also ranks as the third- richest neighborhood with a median income of $44,256 per household. Detached homes account for 100% of the area's current housing market. The top school in the neighborhood is Hillside Elementary School.

Price Range

Arrowhead has the most expensive homes in the city with a median home value of $161,500 and a current average list price of $238,461. The Arrowhead market pulled back with a 25.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 6.3 monthly average with six homes sold.

Out of all the listings in Arrowhead, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$249K   $224K   $248K  

Typical Dwelling

A three-bedroom detached home valued around $244,691 is considered a typical dwelling in Arrowhead. If a buyer was looking for a similar home, they would need good credit and a $48,938 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,112 and the property tax rate is $9.16 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Prudential California Realty
RE/MAX MASTERS REALTY
MGR Real Estate, Inc.; Broker Associate
Snapped 2 homes in this area

©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.