October's First-Time Homebuyer Report for Weldon

Weldon is a city that is growing faster than others in California at a 10-year growth rate of 11.6%. It also has an average-sized population of 2,642 people. With a median age of 33 years, homes in Weldon tend to be relatively old. The top schools in the city are South Fork Elementary School and South Fork Middle School.

Culture

If you are interested in some outdoor fun, Foursquare says that Lake Isabella / Kern River KOA is the most popular place in Weldon.

Price Range

The median value of homes in Weldon is $76,800, making it one of the lower priced areas in California. At the same time, the average list price of available homes is presently $384,520. The Weldon reported another in a series of 30-day periods with zero home sales. Weldon usually averages 0.2 sales per month.

Typical Dwelling

The typical dwelling in Weldon is a one-bedroom detached home worth about $99,000. To purchase a similar home, a buyer with good credit and a $19,800 cash down payment could obtain a mortgage with a 3.95% interest rate and a $82 monthly payment. The property tax rate is $11.82 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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