92587 Zip Code's October First-Time Homebuyer Report

The 92587 zip code has an older population than other areas in California with a median age of 36 years. It is also affluent with a median income of $64,249 per household. The 92587 zip code market is almost exclusively made up of detached houses, which currently account for 95% of the homes for sale in the area. Topping the list of best schools in the zip code is Quail Valley Elementary School.

Price Range

Home values in the 92587 zip code are generally in line with others in the state with a median home value of $180,000 and an average list price of $449,034. The 92587 zip code market slowed with a 7.1% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (29.5) with 39 homes sold.

Curious as to which homes have been getting the most attention in the 92587 zip code? These listings have stirred up interest and produced the most views:

$639K   $228K   $2M  

Typical Dwelling

The typical dwelling in the 92587 zip code is a three-bedroom detached home worth about $386,623. To purchase a similar home, a buyer with good credit and a $77,325 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,901 monthly payment. The property tax rate is $9.19 per $1,000 of taxable assessed value.

Get started right now by checking out 92587 homes for sale or reviewing 92587 real estate trends.

Data reported through 10/13/2016


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ERA Donahoe Realty
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