There are currently 5,044 real estate properties in Palos Verdes Estates, CA, with a median automated valuation model (AVM) price of $2,117,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palos Verdes Estates, 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 Palos Verdes Estates, CA, is $2,221,061.00, with the most expensive house in Palos Verdes Estates, CA, topping out at $48,585,700.00 and the cheapest home in Palos Verdes Estates, CA, clocking in at $575,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Palos Verdes Estates, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palos Verdes Estates, CA, is on a rollercoaster ride. The average rent price in Palos Verdes Estates, CA, is $4,165.00. Indeed, when looking to rent in Palos Verdes Estates, CA, you can expect to pay as little as $1,920.00 or as much as $5,220.00, with the average rent median estimated to be $4,200.00. The good news is that finding an affordable and desirable property to rent in Palos Verdes Estates, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Palos Verdes Estates, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Palos Verdes Estates, CA and much more. Save thousands at closing with home foreclosure listings in Palos Verdes Estates, CA — up to 75% off market value!
Palos Verdes Estates is located in Los Angeles, California, with an estimated municipal population of 13,273 residents. All of the best foreclosed homes for sale in Palos Verdes Estates are located in the following zip code areas on Foreclosure.com: 90274. The estimated population per square kilometer (.62 miles) in Palos Verdes Estates is 1,073.
So, about how much do homes cost in Palos Verdes Estates? The most recent median value of resident-owned homes in Palos Verdes Estates is 1,902,359. An estimated 86.2 percent of households in Palos Verdes Estates own their homes, with an average family size of 3.01. The median household income in Palos Verdes Estates is 194,543, with72.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Palos Verdes Estates, the median commute time of resident workers (in minutes) is 35.3. And last, but certainly not least, are you looking for homes to rent in Palos Verdes Estates? If so, the average rent price paid by renters in Palos Verdes Estates is 2,683, 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 Palos Verdes Estates, 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 Palos Verdes Estates is 52.2, split between 48.1 percent male versus 51.9 female. The percentage of residents who report being married in Palos Verdes Estates is 67.6, with an average family size of 3.01.
The percentage of residents who report their race in Palos Verdes Estates is as follows:
|Black / African American||0.4%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Palos Verdes Estates? Or maybe you are searching for 55+ active adult communities in and/or near Palos Verdes Estates?
The percentage of residents who report their age in Palos Verdes Estates 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 Palos Verdes Estates with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Palos Verdes Estates.
How do you know that living in -- or moving to -- Palos Verdes Estates is right where you need to be? Perhaps you grew up in Palos Verdes Estates or already live nearby; therefore, the decision to buy a home in Palos Verdes Estates is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Palos Verdes Estates 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 Palos Verdes Estates:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Palos Verdes Estates.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Palos Verdes Estates can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Palos Verdes Estates, meanwhile, can field multiple offers from more qualified buyers.