Little Italy First-Time Homebuyer Report for May

Little Italy has a cost of living adjustment score of 136.9, which is average when compared to others in San Diego. Also, the area is considered somewhat affluent with a median income of $61,961 per household. Homes in Little Italy are quite new with a median age of 10 years. Heading the list of top schools in the neighborhood is San Pasqual Union Elementary School.

Price Range

Some of the more expensive homes in San Diego are in Little Italy with a median home value of $418,068 and an average list price for available homes currently at $544,395. Over the last 30 days, eight homes were sold in the Little Italy market, down 11.1%. Additionally, the market is still in a new downward trend overall.

Typical Dwelling

A two-bedroom townhouse valued around $603,216 is considered a typical dwelling in Little Italy. If a buyer was looking for a similar home, they would need good credit and a $120,643 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,861 and the property tax rate is $7.35 per $1,000 of taxable assessed value.

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


Data reported through 5/18/2017

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