90056 Zip Code's January First-Time Homebuyer Report

The 90056 zip code has a cost of living adjustment score of 165.1, which is expensive when compared to others in California. Also, the area is considered very affluent with a median income of $86,351 per household. With a median age of 52 years, homes in the 90056 zip code tend to be older than most. Heading the list of top schools in the zip code is View Park Preparatory Accelerated Charter.

Culture

If you are interested in a place to get some coffee in 90056, Foursquare says that Patio Cafe is the most popular place to grab a cup. If you'd like to shop, some popular places are The UPS Store, Riot Games, and Mantrap. Lastly, Kenneth Hahn State Recreation Area and 24 Hour Fitness are well-known places to have fun outdoors.

Price Range

The median value of homes in the 90056 zip code is $475,500, making it one of the most valuable areas in California. At the same time, the average list price of available homes is presently $1,000,392. A nine-week rough patch for the overall sales trend continues in the 90056 zip code market. Also, the actual number of sales dropped 25.0% over the last 30 days to land at three.

Make sure you take a look at these eye-catching homes in the 90056 zip code that generated the most views from potential buyers:

$1.3M   $839K   $985K  

Typical Dwelling

The typical dwelling in the 90056 zip code is a three-bedroom detached home worth about $889,277. To purchase a similar home, a buyer with good credit and a $177,855 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,725 monthly payment. The property tax rate is $7.73 per $1,000 of taxable assessed value.

Get started right now by checking out 90056 homes for sale or reviewing 90056 real estate trends.


Data reported through 1/12/2017

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Keller Williams Realty Pacific Playa
Snapped 7 homes in this area
Bershire Hathaway HomeServices California Properties
Snapped 6 homes in this area
Keller Williams Realty Pacific Playa
Snapped 17 homes in this area

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