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There are currently 109 real estate properties in Lakeview, CA, with a median automated valuation model (AVM) price of $431,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lakeview, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lakeview, CA, is $445,403.00, with the most expensive house in Lakeview, CA, topping out at $912,700.00 and the cheapest home in Lakeview, CA, clocking in at $140,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Lakeview, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lakeview, CA, is on a rollercoaster ride. The average rent price in Lakeview, CA, is $1,807.00. Indeed, when looking to rent in Lakeview, CA, you can expect to pay as little as $1,240.00 or as much as $2,590.00, with the average rent median estimated to be $1,750.00. The good news is that finding an affordable and desirable property to rent in Lakeview, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Lakeview is located in Riverside, California, with an estimated municipal population of 2,638 residents. All of the best foreclosed homes for sale in Lakeview are located in the following zip code areas on Foreclosure.com: 92567. The estimated population per square kilometer (.62 miles) in Lakeview is 312.
So, about how much do homes cost in Lakeview? The most recent median value of resident-owned homes in Lakeview is 340,442. An estimated 61.4 percent of households in Lakeview own their homes, with an average family size of 5.26. The median household income in Lakeview is 63,214, with26.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lakeview, the median commute time of resident workers (in minutes) is 42. And last, but certainly not least, are you looking for homes to rent in Lakeview? If so, the average rent price paid by renters in Lakeview is 1,048, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Lakeview, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Lakeview is 29, split between 49.2 percent male versus 50.8 female. The percentage of residents who report being married in Lakeview is 51.6, with an average family size of 5.26.
The percentage of residents who report their race in Lakeview is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Lakeview? Or maybe you are searching for 55+ active adult communities in and/or near Lakeview?
The percentage of residents who report their age in Lakeview is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Lakeview with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lakeview.
How do you know that living in -- or moving to -- Lakeview is right where you need to be? Perhaps you grew up in Lakeview or already live nearby; therefore, the decision to buy a home in Lakeview is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lakeview for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Lakeview:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lakeview.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lakeview can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lakeview, meanwhile, can field multiple offers from more qualified buyers.
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