January's First-Time Homebuyer Report for 94124 Zip Code

The population of the 94124 zip code is less affluent than average compared to others in California with a median income of $47,380 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 137.8. The 94124 zip code is made up of homes that are older than most with a median of 53 years. Leading the list of top schools in the zip code are Kipp Bayview Academy and Thurgood Marshall High School.

Price Range

Some of the more expensive homes in California are in the 94124 zip code with a median home value of $315,300 and an average list price for available homes currently at $728,921. In this week's report, the number of homes sold in the 94124 zip code market slid to 12 over the past 30 days. It marked a decrease of 20.0% from last week's report and a fall below the monthly average.

Make sure you take a look at these eye-catching homes in the 94124 zip code that generated the most views from potential buyers:

$375K   $849K   $425K  

Typical Dwelling

A three-bedroom detached home valued around $781,365 is considered a typical dwelling in the 94124 zip code. If a buyer was looking for a similar home, they would need good credit and a $156,273 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $3,461 and the property tax rate is $5.04 per $1,000 of taxable assessed value.

Get started right now by checking out 94124 homes for sale or reviewing 94124 real estate trends.

Data reported through 1/12/2017


Ask a local expert about this area:
Bridgeway Realty
Snapped 2 homes in this area
Re/Max Westlake investments
Snapped 1 home in this area
Zephyr Real Estate
Snapped 4 homes in this area

Agents that specialize in this area
1 snap in this area
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