There are currently 5,323 real estate properties in Loma Linda, CA, with a median automated valuation model (AVM) price of $577,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Loma Linda, 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 Loma Linda, CA, is $565,232.00, with the most expensive house in Loma Linda, CA, topping out at $8,870,500.00 and the cheapest home in Loma Linda, CA, clocking in at $62,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Loma Linda, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Loma Linda, CA, is on a rollercoaster ride. The average rent price in Loma Linda, CA, is $1,784.00. Indeed, when looking to rent in Loma Linda, CA, you can expect to pay as little as $810.00 or as much as $3,460.00, with the average rent median estimated to be $1,730.00. The good news is that finding an affordable and desirable property to rent in Loma Linda, 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.
Loma Linda is located in San Bernardino, California, with an estimated municipal population of 24,482 residents. All of the best foreclosed homes for sale in Loma Linda are located in the following zip code areas on Foreclosure.com: 92354 92324 92373 92318 92350 92357. The estimated population per square kilometer (.62 miles) in Loma Linda is 1,234.
So, about how much do homes cost in Loma Linda? The most recent median value of resident-owned homes in Loma Linda is 362,786. An estimated 38.4 percent of households in Loma Linda own their homes, with an average family size of 3.18. The median household income in Loma Linda is 55,607, with23 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Loma Linda, the median commute time of resident workers (in minutes) is 23.8. And last, but certainly not least, are you looking for homes to rent in Loma Linda? If so, the average rent price paid by renters in Loma Linda is 1,338, 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 Loma Linda, 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 Loma Linda is 36.3, split between 45 percent male versus 55 female. The percentage of residents who report being married in Loma Linda is 46.3, with an average family size of 3.18.
The percentage of residents who report their race in Loma Linda is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Loma Linda? Or maybe you are searching for 55+ active adult communities in and/or near Loma Linda?
The percentage of residents who report their age in Loma Linda 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 Loma Linda with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Loma Linda.
How do you know that living in -- or moving to -- Loma Linda is right where you need to be? Perhaps you grew up in Loma Linda or already live nearby; therefore, the decision to buy a home in Loma Linda is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Loma Linda 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 Loma Linda:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Loma Linda.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Loma Linda can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Loma Linda, meanwhile, can field multiple offers from more qualified buyers.
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