Orcutt First-Time Homebuyer Report for October

With 28,905 residents, Orcutt is a larger than average city in California. Also, with a 1.6% increase over the last 10 years, its population is growing about even with other parts of the state. Homes in Orcutt are relatively old with a median age of 32 years. The best school in the city is Lakeview Junior High School.

Price Range

The housing prices of Orcutt are close to the state average with a median home value of $273,200 and a current average list price of $459,136. Over the last 30 days, the Orcutt market showed healthy signs with nine homes sold. It marks a 12.5% increase from last week's report, while also closing in on the average sales volume for the prior 12 months.

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

$285K   $349K   $524K  

Typical Dwelling

A three-bedroom detached home valued around $428,252 is considered a typical dwelling in Orcutt. If a buyer was looking for a similar home, they would need good credit and a $85,650 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,580 and the property tax rate is $5.62 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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