January's First-Time Homebuyer Report for 90603 Zip Code

90603 is a zip code in California. It's affluent and the cost of living is expensive compared to the rest of the state, with a median income of $71,370 per household and cost of living adjustment score of 142.3. The 90603 zip code is made up of homes that are older than most with a median of 53 years. Heading the list of top schools in the zip code is Murphy Ranch Elementary School.

Culture

If you are interested in the bar scene in 90603, Foursquare says that JT's Beach Club is the most popular place to grab a drink. You might also try Panera Bread, a popular place to get a cup of coffee. And then for shopping, you might enjoy Target, Trader Joe's, and JCPenney.

Price Range

The median value of homes in the 90603 zip code is $351,500, making it one of the most valuable areas in California. At the same time, the average list price of available homes is presently $585,413. The number of home sales in the 90603 zip code market climbed 33.3% to 16 homes over the last 30 days, coming close to the 16.9 monthly average for the last 12 months.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 90603 zip code:

$630K   $548K   $565K  

Typical Dwelling

The typical dwelling in the 90603 zip code is a three-bedroom detached home worth about $555,919. To purchase a similar home, a buyer with good credit and a $111,184 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,732 monthly payment. The property tax rate is $7.73 per $1,000 of taxable assessed value.

Get started right now by checking out 90603 homes for sale or reviewing 90603 real estate trends.


Data reported through 1/12/2017

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