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Foreclosures in Los Altos, CA

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1 View this home at Toyonita Rd Los Altos CA 94024
Preforeclosure
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Toyonita Rd
Los Altos, CA 94024
Single-Family
|
5 |
3.5
|
4,833
AUCTION: 06-05-2024
Single-Family
|
5 |
3.5
|
4,833
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Home Value Estimator For Los Altos, CA

There are currently 11,848 real estate properties in Los Altos, CA, with a median automated valuation model (AVM) price of $4,058,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Los Altos, 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 Los Altos, CA, is $4,042,389.00, with the most expensive house in Los Altos, CA, topping out at $20,181,600.00 and the cheapest home in Los Altos, CA, clocking in at $150,637.00. In other words, there’s something for every potential homebuyer or savvy investor in Los Altos, CA!


Rent Prices In Los Altos, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Los Altos, CA, is on a rollercoaster ride. The average rent price in Los Altos, CA, is $5,337.00. Indeed, when looking to rent in Los Altos, CA, you can expect to pay as little as $2,260.00 or as much as $9,490.00, with the average rent median estimated to be $5,450.00. The good news is that finding an affordable and desirable property to rent in Los Altos, 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.


Top Reasons To Live In Los Altos, CA In 2024

Los Altos is located in Santa Clara, California, with an estimated municipal population of 30,089 residents. All of the best foreclosed homes for sale in Los Altos are located in the following zip code areas on Foreclosure.com: 94022 94024 94023. The estimated population per square kilometer (.62 miles) in Los Altos is 1,792.


Cost Of Living In Los Altos, CA

So, about how much do homes cost in Los Altos? The most recent median value of resident-owned homes in Los Altos is 2,000,001. An estimated 81 percent of households in Los Altos own their homes, with an average family size of 3.16. The median household income in Los Altos is 235,278, with79.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Los Altos, the median commute time of resident workers (in minutes) is 24.2. And last, but certainly not least, are you looking for homes to rent in Los Altos? If so, the average rent price paid by renters in Los Altos is 3,188, according to recent statistics.


Diversity And Demographics In Los Altos, California

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 Los Altos, 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 Los Altos is 46.1, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in Los Altos is 67.9, with an average family size of 3.16.

The percentage of residents who report their race in Los Altos is as follows:

White 61.6%
Black / African American 0.5%
Asian 31.4%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.5%
Other 0.9%

Looking for family-friendly neighborhoods in and/or near Los Altos? Or maybe you are searching for 55+ active adult communities in and/or near Los Altos?

The percentage of residents who report their age in Los Altos is as follows:

Under 10 12%
Aged 10-19 15%
20s 6.1%
30s 8.2%
40s 16.5%
50s 15.6%
60s 11.9%
70s 8.7%
80+ 6.2%

Best Schools In Los Altos, California

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 Los Altos with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Los Altos.


Pros And Cons Of Living In Los Altos, California

How do you know that living in -- or moving to -- Los Altos is right where you need to be? Perhaps you grew up in Los Altos or already live nearby; therefore, the decision to buy a home in Los Altos is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Los Altos 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 Los Altos:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Los Altos.


Reasons To Move To Los Altos, California, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Los Altos can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Los Altos, meanwhile, can field multiple offers from more qualified buyers.

Los Altos, CA Foreclosures


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