Los Altos First-Time Homebuyer Report for January

With 16,337 residents, Los Altos is the ninth-most populated neighborhood in Long Beach. Also, with a 3.8% increase over the last 10 years, it ranks first in terms of growth. Keep in mind, most people in Los Altos own their homes, with a 70.3% ownership ratio. Topping the list of best schools in the neighborhood is Gant Elementary School.

Price Range

The housing prices of Los Altos are close to the city average with a median home value of $441,306 and a current average list price of $662,592. Home sales in the Los Altos market remained soft in this week's report as they slid 20.0% to eight homes sold over the last 30 days.

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

$665K   $665K   $925K  

Typical Dwelling

A three-bedroom detached home valued around $644,830 is considered a typical dwelling in Los Altos. If a buyer was looking for a similar home, they would need good credit and a $128,966 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $3,227 and the property tax rate is $7.73 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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