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Short Sale Listings in Portola, CA

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View this home at Parkside Ter Portola CA 96122
Preforeclosure
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Parkside Ter
Portola, CA 96122
Single-Family
AUCTION: 04-03-2024
Single-Family
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Home Value Estimator For Portola, CA

There are currently 1,749 real estate properties in Portola, CA, with a median automated valuation model (AVM) price of $259,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Portola, 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 Portola, CA, is $307,572.00, with the most expensive house in Portola, CA, topping out at $5,576,100.00 and the cheapest home in Portola, CA, clocking in at $47,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Portola, CA!


Rent Prices In Portola, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Portola, CA, is on a rollercoaster ride. The average rent price in Portola, CA, is $1,269.00. Indeed, when looking to rent in Portola, CA, you can expect to pay as little as $630.00 or as much as $3,440.00, with the average rent median estimated to be $1,150.00. The good news is that finding an affordable and desirable property to rent in Portola, 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 Portola, CA In 2024

Portola is located in Plumas, California, with an estimated municipal population of 1,930 residents. All of the best foreclosed homes for sale in Portola are located in the following zip code areas on Foreclosure.com: 96122. The estimated population per square kilometer (.62 miles) in Portola is 137.


Cost Of Living In Portola, CA

So, about how much do homes cost in Portola? The most recent median value of resident-owned homes in Portola is 145,463. An estimated 55.6 percent of households in Portola own their homes, with an average family size of 2.88. The median household income in Portola is 50,956, with10.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Portola, the median commute time of resident workers (in minutes) is 21.1. And last, but certainly not least, are you looking for homes to rent in Portola? If so, the average rent price paid by renters in Portola is 734, according to recent statistics.


Diversity And Demographics In Portola, 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 Portola, 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 Portola is 44.4, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Portola is 46, with an average family size of 2.88.

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

White 94%
Black / African American 0.3%
Asian 2.2%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.4%
Other 0.7%

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

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

Under 10 14.7%
Aged 10-19 9.7%
20s 8.3%
30s 14.9%
40s 8.8%
50s 17%
60s 18.4%
70s 5.7%
80+ 2.4%

Best Schools In Portola, 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 Portola with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Portola.


Pros And Cons Of Living In Portola, California

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

  • 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 Portola.


Reasons To Move To Portola, 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 Portola can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Portola, meanwhile, can field multiple offers from more qualified buyers.

Portola, CA Short Sale Listings


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