January's First-Time Homebuyer Report for Walnut Creek

Walnut Creek is a city in California. It's very affluent and the cost of living is expensive compared to the rest of the state, with a median income of $77,834 per household and cost of living adjustment score of 167.4. 94598, 94597, and 94596 are its three most populated zip codes. Walnut Creek is made up of homes that are relatively old with a median of 38 years. Leading the list of best schools in the city are Valle Verde Elementary School, Foothill Middle School, and Northgate High School.

Culture

If you're looking to explore the best restaurants in Walnut Creek, then check out The Counter Walnut Creek, Sasa, and Ruth's Chris Steak House, Foursquare's most popular places to eat. You might also try Va de Vi Bistro & Wine Bar, a popular place to get a drink. You could also check out the popular Caffe La Scala for a cup of coffee.

Price Range

The median value of homes in Walnut Creek is $474,200, making it one of the most valuable areas in California. At the same time, the average list price of available homes is presently $645,248. The Walnut Creek market may be experiencing an extended pullback as sales slumped again this week by 4.2% to 69 homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Walnut Creek:

$1.2M   $939K   $1.6M  

Typical Dwelling

A two-bedroom condo valued around $511,468 is considered a typical dwelling in Walnut Creek. If a buyer was looking for a similar home, they would need good credit and a $102,294 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $3,124 and the property tax rate is $7.60 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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