Pacoima, CA Foreclosures
How much do homes sell for in Pacoima, CA?
The average home price is currently $754,158.
In Pacoima, CA, how many homes are available?
There are currently 118 active home listings available in Pacoima.
What’s the average rental cost in Pacoima, CA?
The average rental price in Pacoima is $2,190.
What is the most expensive home in Pacoima?
The most expensive home sold in Pacoima had a price of $36,807,772.
What is currently the cheapest priced home in Pacoima, CA?
The cheapest home for sale in Pacoima is priced at $158,227.
Living in Pacoima, CA
Pacoima, CA is a lively neighborhood in the San Fernando Valley, characterized by its strong community ties and a diverse population. Residents enjoy a variety of amenities including parks, schools, and shopping centers, making it an ideal location for families. With excellent public transportation options and proximity to major freeways, Pacoima offers convenient access to the greater Los Angeles area.
Current Market Conditions in Pacoima, CA
The Pacoima real estate market has seen a steady increase in home prices over the past year, driven by a growing demand for affordable housing in the Los Angeles region. The neighborhood is popular among first-time home buyers, as well as families looking for larger homes with yard space. Despite the increase in prices, Pacoima remains relatively affordable compared to neighboring areas, making it an attractive option for many.
In recent months, the Pacoima real estate market has remained competitive, with multiple offers being common on well-priced properties. Homes are selling quickly, often in just a few days on the market. Buyers are particularly interested in homes with updated features, outdoor spaces, and access to good schools.
Home Value Estimator For Pacoima, CA
There are currently 10,207 real estate properties
in Pacoima, CA,
with a median automated valuation model (AVM) price
of $725,687.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pacoima, 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 Pacoima, CA,
is $754,158.00, with the most expensive house
in Pacoima, CA, topping out
at $36,807,772.00 and the cheapest home
in Pacoima, CA,
clocking in at $158,227.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pacoima, CA!
Rent Prices
In Pacoima, CA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pacoima, CA, is on
a rollercoaster ride. The
average rent price in Pacoima, CA,
is $2,190.00. Indeed, when looking to rent in
Pacoima, CA, you can expect to pay as little
as $1,240.00 or as much
as $5,500.00,
with the average rent median estimated to
be $2,240.00. The good news is that finding
an affordable and desirable property to rent in Pacoima, 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.