January's First-Time Homebuyer Report for Bear Valley Springs

The population of Bear Valley Springs is very affluent compared to others in California with a median income of $74,919 per household. It's also considered an average city in terms of affordability with a cost of living adjustment score of 115.0. Bear Valley Springs is made up of homes that are considered of moderate age with a median of 21 years. The top school in the city is Cummings Valley Elementary School.

Culture

If you are interested in the good places to eat in Bear Valley Springs, Foursquare says that The Mulligan Room is the most popular restaurant. You might also try Oak Tree Country Club and Cub Lake, a few popular places to experience the outdoors.

Price Range

The median value of homes in Bear Valley Springs is $226,000, making the area almost identical to others in California. At the same time, the average list price of available homes is presently $448,594.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Bear Valley Springs:

$315K   $374K   $269K  

Typical Dwelling

The typical dwelling in Bear Valley Springs is a three-bedroom detached home worth about $320,750. To purchase a similar home, a buyer with good credit and a $64,150 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,466 monthly payment. The property tax rate is $11.82 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

Comments:

Ask a local expert about this area:
Re/Max Tehachapi Inc.
Snapped 22 homes in this area
Tholco Bakersfield and Tehachapi
Snapped 10 homes in this area
The Childress Group @ Triple T Realty Services, Inc
Snapped 3 homes in this area

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