Eastside First-Time Homebuyer Report for January

The population of Eastside ranks as the fifth-largest in Riverside with 17,531 people. It also ranks as the fastest growing neighborhood at a 10-year growth rate of 5.3%. Eastside is an area where most people lease the homes they live in, with a renting ratio of 54.1%. Heading the list of top schools in the neighborhood is Mark Twain Elementary School.

Price Range

The median value of homes in Eastside is $138,236, making it one of the lower priced areas in Riverside. At the same time, the average list price of available homes is presently $325,681. The Eastside market slowed with a 22.2% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 7.7 monthly average with seven homes sold.

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

$799K   $990K   $294K  

Typical Dwelling

The typical dwelling in Eastside is a three-bedroom detached home worth about $339,796. To purchase a similar home, a buyer with good credit and a $67,959 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,311 monthly payment. The property tax rate is $9.19 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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