October's First-Time Homebuyer Report for Sun Valley

Sun Valley is a neighborhood in Los Angeles with a median income of $52,594 per household. Besides being less affluent than average, its population is much older than others with a median age of 33 years. The Sun Valley market is mostly made up of detached houses, which currently account for 62% of the homes for sale in the area. The top school in the neighborhood is Carpenter Avenue Elementary School.

Price Range

The median value of homes in Sun Valley is $293,370, making it one of the lower priced areas in Los Angeles. At the same time, the average list price of available homes is presently $516,556.

Make sure you take a look at these eye-catching homes in Sun Valley that generated the most views from potential buyers:

$800K   $534K   $355K  

Typical Dwelling

A three-bedroom detached home valued around $560,247 is considered a typical dwelling in Sun Valley. If a buyer was looking for a similar home, they would need good credit and a $112,049 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,470 and the property tax rate is $7.73 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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