October's First-Time Homebuyer Report for 94402 Zip Code

The 94402 zip code is a zip code in California with a median income of $89,851 per household. Besides being very affluent, its population is younger than others with a median age of 42 years. The 94402 zip code market is mostly made up of detached houses, which currently account for 68% of the homes for sale in the area. The best school in the zip code is Baywood Elementary School.

Price Range

The 94402 zip code has some of the more expensive homes in the state with a median home value of $870,000 and a current average list price of $1,599,745. More sellers put their homes up for sale in the 94402 zip code market over the last 30 days and the number of new listings rose this week to 45. Home sales remained unchanged from the prior period and once again 27 homes were sold.

Make sure you take a look at these eye-catching homes in the 94402 zip code that generated the most views from potential buyers:

$34.9M   $499K   $890K  

Typical Dwelling

A three-bedroom detached home valued around $1,607,571 is considered a typical dwelling in the 94402 zip code. If a buyer was looking for a similar home, they would need good credit and a $321,514 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $6,860 and the property tax rate is $5.34 per $1,000 of taxable assessed value.

Get started right now by checking out 94402 homes for sale or reviewing 94402 real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
Today Sothebys International Realty
Snapped 7 homes in this area
KW Peninsula Estates
Snapped 1 home in this area
RE/MAX Star Properties
Snapped 3 homes in this area

Agents that specialize in this area
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