October's First-Time Homebuyer Report for Woodbridge

Woodbridge is the 10th-youngest neighborhood in Irvine, with a median age of 40. It also ranks 17th in terms of affluence with a median income of $80,359 per household. The Woodbridge market primarily consists of condos and townhouses, accounting for 24% of the current homes in the area. Leading the list of best schools in the neighborhood are Eastshore Elementary School, South Lake Middle School, and Woodbridge High School.

Price Range

The housing prices of Woodbridge are close to the city average with a median home value of $498,407 and a current average list price of $716,425. The Woodbridge market slowed with a 12.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 24.1 monthly average with 22 homes sold.

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

$395K   $799K   $499K  

Typical Dwelling

The typical dwelling in Woodbridge is a two-bedroom condo worth about $517,793. To purchase a similar home, a buyer with good credit and a $103,559 cash down payment could obtain a mortgage with a 3.95% interest rate and a $3,262 monthly payment. The property tax rate is $7.36 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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