January's First-Time Homebuyer Report for Northridge

Northridge is the sixth-most populous neighborhood in Los Angeles with 73,432 residents. It's also the fastest growing, at a 10-year growth rate of 8.8%. Northridge is an area where most people own their homes, with an ownership ratio of 56.6%. The top school in the neighborhood is Carpenter Avenue Elementary School.

Price Range

The housing prices of Northridge are close to the city average with a median home value of $466,610 and a current average list price of $633,993.

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

$849K   $1.8M   $739K  

Typical Dwelling

A three-bedroom detached home valued around $570,714 is considered a typical dwelling in Northridge. If a buyer was looking for a similar home, they would need good credit and a $114,143 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,419 and the property tax rate is $7.73 per $1,000 of taxable assessed value.

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

Data reported through 1/12/2017


Ask a local expert about this area:
Keller Williams Realty
Snapped 16 homes in this area
C21 Troop Real Estate
Snapped 11 homes in this area
Keller Williams Studio City
Snapped 7 homes in this area

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