January's First-Time Homebuyer Report for Bellaire

Bellaire is a larger than average city in Texas with 16,855 residents. Also, it has seen an 8.5% increase in population over the last 10 years. Bellaire is an area where the vast majority of people own their homes, with an ownership ratio of 81.4%. Heading the list of top schools in the city is Horn Elementary School.

Culture

If you are interested in a place to get some coffee in Bellaire, Foursquare says that Starbucks is the most popular place to grab a cup. For shopping, you might enjoy H-E-B, Randalls, and Walgreens. Lastly, Houston Gymnastics Academy and Bellaire Rec Center are well-known places to have fun outdoors.

Price Range

Bellaire has some of the more expensive homes in the state with a median home value of $340,300 and a current average list price of $979,849.

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

$699K   $375K   $899K  

Typical Dwelling

A four-bedroom detached home valued around $1,074,326 is considered a typical dwelling in Bellaire. If a buyer was looking for a similar home, they would need good credit and a $214,865 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $4,182 and the property tax rate is $20.09 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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REMAX Executives
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Martha Turner Sothebys International Realty
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ZipRealty Inc 281-685-9326 (kelvin.okunonke@ziprealty.com)http://www.ziprealty.com/agent/kokunonke?referredByAgent=kokunonke
Snapped 14 homes in this area

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