Sobrante Park First-Time Homebuyer Report for January

Sobrante Park is a smaller-than-average neighborhood in Oakland with a population of 1,395 residents. Also, it has a lower than average density with 10,251.3 people per square mile. It should be noted that at 57.4%, most people own their homes in Sobrante Park. The top school in the neighborhood is Wilson College Preparatory Academy.

Price Range

Homes in Sobrante Park are generally less expensive than others in the city with a median home value of $192,781 and an average list price of $464,417. Despite a 100.0% growth in sales numbers this week to reach two homes over the last 30 days, the Sobrante Park market still shows a persistent trend downward overall.

Typical Dwelling

The typical dwelling in Sobrante Park is a three-bedroom detached home worth about $381,412. To purchase a similar home, a buyer with good credit and a $76,282 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,947 monthly payment. The property tax rate is $7.10 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

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Ask a local expert about this area:
RED OAK REALTY
Snapped 2 homes in this area
Bridgeway Realty
Snapped 2 homes in this area
Path Real Estate
Snapped 1 home in this area

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