Walnut First-Time Homebuyer Report for October

Walnut is younger than the rest of California, with a median age of 43. It's very affluent as well, with a median income of $94,759 per household. The Walnut market is almost exclusively made up of detached homes, currently accounting for 100% overall. The best schools in the city are Leonard B. Westhoff Elementary School, Suzanne Middle School, and Walnut High School.

Price Range

Some of the more expensive homes in California are in Walnut with a median home value of $537,000 and an average list price for available homes currently at $989,967. The Walnut market pulled back this week but remained above average levels as sales slid 4.5% to 21 homes sold over the last 30 days.

Curious as to which homes have been getting the most attention in Walnut? These listings have stirred up interest and produced the most views:

$575K   $2.6M   $918K  

Typical Dwelling

The typical dwelling in Walnut is a four-bedroom detached home worth about $920,564. To purchase a similar home, a buyer with good credit and a $184,113 cash down payment could obtain a mortgage with a 3.95% interest rate and a $3,745 monthly payment. The property tax rate is $7.73 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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