January's First-Time Homebuyer Report for Wood Streets

Wood Streets is a neighborhood in Riverside with 6,871 residents. Despite only being ranked 13th in terms of population, it ranks first for growth with a 2.2% increase over the last 10 years. Keep in mind, most people in Wood Streets own their homes, with a 54.2% ownership ratio. Heading the list of top schools in the neighborhood is Magnolia Elementary School.

Price Range

The housing prices of Wood Streets are close to the city average with a median home value of $199,770 and a current average list price of $375,935. On top of a 16.7% drop in sales numbers this week to land at five homes over the last 30 days, the Wood Streets market still shows a recent trend downward overall.

Curious as to which homes have been getting the most attention in Wood Streets? These listings have stirred up interest and produced the most views:

$447K   $349K   $329K  

Typical Dwelling

The typical dwelling in Wood Streets is a three-bedroom detached home worth about $369,159. To purchase a similar home, a buyer with good credit and a $73,832 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,339 monthly payment. The property tax rate is $9.19 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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RE/MAX MASTERS REALTY
Coldwell Banker Armstrong Properties
Snapped 2 homes in this area
Keller Williams Realty
Snapped 12 homes in this area

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