94531 Zip Code First-Time Homebuyer Report for January

94531 is a larger than average zip code in California with 38,311 residents. Also, it has seen a 38.1% increase in population over the last 10 years. With an ownership ratio of 73.0%, most people in the 94531 zip code are homeowners. The best schools in the zip code are Grant Elementary School and Dallas Ranch Middle School.

Culture

According to Foursquare, Tailgaters is the most popular spot to grab a drink in 94531. If you'd like to grab some coffee, a popular spot is Starbucks. Lastly, Walmart Supercenter, Kohl's, and Michaels are well-known places to shop.

Price Range

The housing prices of the 94531 zip code are close to the state average with a median home value of $213,500 and a current average list price of $462,195. With home sales in the 94531 zip code market already below average, in this week's report they slid 2.3% to 42 homes sold over the last 30 days.

Out of all the listings in the 94531 zip code, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$400K   $565K   $469K  

Typical Dwelling

A four-bedroom detached home valued around $439,218 is considered a typical dwelling in the 94531 zip code. If a buyer was looking for a similar home, they would need good credit and a $87,844 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,956 and the property tax rate is $7.60 per $1,000 of taxable assessed value.

Get started right now by checking out 94531 homes for sale or reviewing 94531 real estate trends.


Data reported through 1/12/2017

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KELLER WILLIAMS
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COLDWELL BANKER GUIDANCE REALTY
Snapped 15 homes in this area
Alliance Bay Realty
Snapped 41 homes in this area

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