October's First-Time Homebuyer Report for Sunnyvale

The population of Sunnyvale is growing slightly faster than the rest of California, at a 10-year growth rate of 7.5%. It's a larger than average city compared to the rest of the state, with 140,081 residents. Its three largest zip codes are 94087, 94086, and 94043. Homes in Sunnyvale are relatively old with a median age of 38 years. Leading the list of top schools in the city are Louis E. Stocklmeir Elementary School, Cupertino Middle School, and Community Day.

Culture

According to Foursquare, if shopping is your thing, you might enjoy Target, Fry's Electronics, and Sports Basement. If you're looking to explore the outdoors, some favorite spots are Planet Granite and Twin Creeks Sports Complex. And finally, Moffett Field Historical Society Museum and NASA Ames Research Center Building 15 are frequently visited spots for entertainment.

Price Range

Sunnyvale has some of the more expensive homes in the state with a median home value of $738,500 and a current average list price of $1,147,268.

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

$739K   $999K   $1.3M  

Typical Dwelling

A three-bedroom detached home valued around $1,283,439 is considered a typical dwelling in Sunnyvale. If a buyer was looking for a similar home, they would need good credit and a $256,688 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $5,293 and the property tax rate is $5.62 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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