January's First-Time Homebuyer Report for Allendale

The population of Allendale is somewhat affluent compared to others in Oakland with a median income of $42,063 per household. It's also considered an expensive neighborhood in terms of affordability with a cost of living adjustment score of 133.0. With a median age of 70 years, homes in Allendale tend to be older than most. The best school in the neighborhood is Oakland Aviation High School.

Price Range

Allendale has some of the more affordable homes in the city with a median home value of $219,064 and a current average list price of $487,779.

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

$525K   $498K  

Typical Dwelling

A two-bedroom detached home valued around $457,321 is considered a typical dwelling in Allendale. If a buyer was looking for a similar home, they would need good credit and a $91,464 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,050 and the property tax rate is $7.10 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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Keller Williams Benchmark Properties
Tohtal Real Estate
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Century 21 M & M
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