90242 Zip Code's January First-Time Homebuyer Report

The population of the 90242 zip code is somewhat affluent compared to others in California with a median income of $52,332 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 132.8. The 90242 zip code is made up of homes that are considered older than most with a median of 49 years. Leading the list of best schools in the zip code are Gallatin Elementary School, West Middle School, and Downey High School.

Culture

If you're looking to explore the best restaurants in 90242, then check out Chili's Grill & Bar, Johnny Carinos Italian, and Rubio's, Foursquare's most popular places to eat. You might also try Hully Gully, a popular place to get a drink. And a good place to get a cup of coffee is Starbucks.

Price Range

Homes in the 90242 zip code are worth a median of $299,800, similar to other parts of California. Additionally, the list prices of available homes is currently at an average of $492,131.

Out of all the listings in the 90242 zip code, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$399K   $620K   $460K  

Typical Dwelling

A three-bedroom detached home valued around $491,264 is considered a typical dwelling in the 90242 zip code. If a buyer was looking for a similar home, they would need good credit and a $98,253 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,135 and the property tax rate is $7.73 per $1,000 of taxable assessed value.

Get started right now by checking out 90242 homes for sale or reviewing 90242 real estate trends.


Data reported through 1/12/2017

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