January's First-Time Homebuyer Report for Mineral

Mineral has a cost of living adjustment score of 103.8, which is less expensive when compared to others in California. Also, the area is considered much less affluent than average with a median income of $34,158 per household. With a median age of 42 years, homes in Mineral tend to be older than most. The top school in the city is Mineral Elementary School.

Culture

If you are interested in the good places to eat in Mineral, Foursquare says that Mineral Lodge Restaurant is the most popular restaurant.

Price Range

Mineral has some of the more affordable homes in the state with a median home value of $133,500 and a current average list price of $186,490.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Mineral:

$115K   $185K   $180K  

Typical Dwelling

A three-bedroom detached home valued around $127,000 is considered a typical dwelling in Mineral. If a buyer was looking for a similar home, they would need good credit and a $25,400 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $35 and the property tax rate is $7.34 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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