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Cheapest Places To Live In California


With the U.S. housing market showing signs of slowing, which, according to CNBC, is likely to continue through spring, the balance of power could be moving in favor of buyers instead of sellers. Despite an increase in the supply of homes nationally and in many individual markets, affordability issues remain. The problem is that, while housing inventory has increased, prices still haven’t come down enough. Still, 2019 seems to offer strong potential for finding affordable markets.

California, which seems to never be a not-hot as a real estate market, is showing signs of a slowdown as well. In Los Angeles, housing inventory is up year-over-year. In Jan. 2018, there were 5,371 homes for sale, according to Redfin. By Jan. 2019, that number had jumped to 6,738 total homes for sale. In San Jose, available inventory is significantly up from last year. Where in Jan. 2018, there were 328 total homes for sale, by January this year, the number has more than doubled to 769 homes for sale.

Read on to find out the cheapest places to live in California for 2019.

Cheapest Places to Live in California

Here’s a look at the median home listing price in the cheapest places in California to buy a home, according to Zillow’s January 2019 index:

Bakersfield

  • Oleander Sunset: $177,450
  • Rio Bravo: $287,250

Fresno

  • Fresno High Roeding: $199,750
  • Roosevelt: $225,000
  • Hoover: $230,000
  • McLane: $232,500
  • West Fresno: $256,250
  • Bullard: $304,999
  • Woodward Park: $374,900

Sacramento

  • Hagginwood: $220,000
  • Parkway: $249,987
  • Foothill Farms: $251,504
  • North Highlands: $255,200
  • Meadowview: $265,000
  • Robla: $294,950
  • South Natomas: $300,000
  • Valley High-North Laguna: $308,000
  • Gateway West: $360,000

Stockton

  • Stockton Metropolitan Airport: $235,000
  • Midtown West: $249,950
  • University: $274,995
  • Lincoln Village West: $279,500
  • Creekside – Wagner: $335,000
  • Weston Ranch: $349,990

San Bernardino

  • Arrowhead: $269,000
  • Del Rosa: $275,000
  • Amber Hills: $345,000
  • Verdemont: $366,450

Riverside

  • Arlanza: $349,194
  • Magnolia Center: $364,500
  • Ramona: $369,000

Trending Now: What You Can Get In Every State for the Price of a Home in California

 


Cheapest Places To Live In California curated from Forbes - Real Estate

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