January's First-Time Homebuyer Report for 92037 Zip Code

92037 is a zip code in California. It's very affluent and the cost of living is very expensive compared to the rest of the state, with a median income of $81,516 per household and cost of living adjustment score of 225.8. With a median age of 38 years, homes in the 92037 zip code tend to be relatively old. Heading the list of top schools in the zip code is Bird Rock Elementary School.

Culture

If you are interested in the good places to eat in 92037, Foursquare says that Islands Restaurant, Caroline's Seaside Cafe, and Pho La Jolla are the most popular restaurants. If you'd like to grab a drink, a popular spot is Rock Bottom Restaurant & Brewery. You could also check out the popular The Loft At UCSD for a cup of coffee.

Price Range

Some of the more expensive homes in California are in the 92037 zip code with a median home value of $810,000 and an average list price for available homes currently at $2,266,708. In this week's report, the number of homes sold in the 92037 zip code market slid to 47 over the past 30 days, a decrease of 17.5% from last week's report.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 92037 zip code:

$23.4M   $18M   $389K  

Typical Dwelling

A four-bedroom detached home valued around $2,765,727 is considered a typical dwelling in the 92037 zip code. If a buyer was looking for a similar home, they would need good credit and a $553,145 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $4,115 and the property tax rate is $7.35 per $1,000 of taxable assessed value.

Get started right now by checking out 92037 homes for sale or reviewing 92037 real estate trends.


Data reported through 1/12/2017

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