Inland Empire First-Time Homebuyer Report for January

Inland Empire is a larger than average metro area in USA with 4,224,851 residents. Also, it has seen a 30.2% increase in population over the last 10 years. The Inland Empire market is primarily made up of detached homes, currently accounting for 86% overall. The top schools in the metro area are Dwight D. Eisenhower Elementary School and Richardson Prep Hi.

Culture

A highly recommended place to eat in Inland Empire, according to Foursquare, is Ludlow Cafe. You might also try Amboy Crater Natl Natural Landmark and Salt Evaporation Plant, a few popular places to experience the outdoors.

Price Range

The Inland Empire Metro Area has some of the more expensive homes in the country with a median home value of $181,100 and a current average list price of $366,958. In this week's report, the number of homes sold in the Inland Empire market fell to 4,299 over the past 30 days. It marked a decrease of 7.3% from last week's report and a fall below the monthly average.

Out of all the listings in the Inland Empire Metro Area, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$3.2M   $524K   $365K  

Typical Dwelling

The typical dwelling in the Inland Empire Metro Area is a three-bedroom detached home worth about $349,039. To purchase a similar home, a buyer with good credit and a $69,808 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,540 monthly payment. 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 1/5/2017

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