Rail Road Flat First-Time Homebuyer Report for January

Rail Road Flat has a cost of living adjustment score of 122.3, which is average when compared to others in California. Also, the area is considered somewhat affluent with a median income of $49,021 per household. Homes in Rail Road Flat are relatively old with a median age of 29 years. The top school in the city is Mokelumne Hill Elementary School.

Price Range

Home values in Rail Road Flat are generally in line with others in the state with a median home value of $236,600 and an average list price of $320,200. The Rail Road Flat market has remained completely quiet for some time as, once more this week, no sales were reported over the previous 30 days. Rail Road Flat usually averages 0.2 sales per month.

Typical Dwelling

The typical dwelling in Rail Road Flat is a three-bedroom detached home worth about $200,939. To purchase a similar home, a buyer with good credit and a $40,188 cash down payment could obtain a mortgage with a 3.95% interest rate and a $37 monthly payment. The property tax rate is $8.92 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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