Inland Empire's October First-Time Homebuyer Report

Inland Empire is a larger than average metro area in USA with 4,224,851 residents. Its population is growing faster than the rest of the country, at a 10-year growth rate of 30.2%. The Inland Empire market is primarily made up of detached houses, which currently account for 88% of the homes for sale in the area. Leading the list of best schools in the metro area are Dwight D. Eisenhower Elementary School and Richardson Prep Hi.

Culture

If you are interested in the good places to eat in Inland Empire, Foursquare says that Ludlow Cafe is the most popular restaurant. If you like outdoor activities, some popular spots are Amboy Crater Natl Natural Landmark and Salt Evaporation Plant.

Price Range

Some of the more expensive homes in USA are in the Inland Empire Metro Area with a median home value of $181,100 and an average list price for available homes currently at $363,267. Despite remaining above the 4,387.4 monthly sales average, the Inland Empire market slowed with 4,645 homes sold in the last 30 days.

Curious as to which homes have been getting the most attention in the Inland Empire Metro Area? These listings have stirred up interest and produced the most views:

$25M   $208K   $184K  

Typical Dwelling

A three-bedroom detached home valued around $345,275 is considered a typical dwelling in the Inland Empire Metro Area. If a buyer was looking for a similar home, they would need good credit and a $69,055 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,517 and the property tax rate is $9.18 per $1,000 of taxable assessed value.

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


Data reported through 10/27/2016

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