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Owner-occupied housing accounts for 76.16% of Diamond Bar's homes, and 71.07% have either three or four bedrooms, which is average sized relative to America. The median home price in Diamond Bar for the week end on December 16th 2022 was $614,800 compared to $1,935, the median rent. Work with a top Diamond Bar real estate agent to figure out the best selling strategy and start bidding wars on your home.
Then proprietary algorithms developed by Dr. Schiller, NeighborhoodScout's founder, are applied to produce neighborhood appreciation rates. Appreciation rates are updated by NeighborhoodScout each quarter as additional mortgages are purchased or securitized by Fannie Mae and Freddie Mac. The new mortgage acquisitions are used to identify repeat transactions for the most recent quarter, then are fed into NeighborhoodScout's search algorithms. Our data are calculated and updated every three months for each neighborhood, city and town, approximately two months after the end of the previous quarter.
Cost of Living Calculator for Housing:Diamond Bar, California and United States,
Our data are designed to capture changes in the value of single-family homes at the city, town and even the neighborhood level. Different neighborhoods within a city or town can have drastically different home appreciation rates. Our data are built upon median house values in each neighborhood, and combine data from the United States Bureau of the Census with quarterly house resale data. The data reflect appreciation rates for the neighborhood overall, not necessarily each individual house in the neighborhood. A cost of living calculator helps you to assess how much you will need to make in order to live comfortably in a specific city.
Click on the risks below to learn which exist in Diamond Bar today and how they’ll change by 2050. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly. 80% of Diamond Bar homebuyers searched to stay within the Diamond Bar metropolitan area.
Find out what's happening in Diamond Bar-Walnutwith free, real-time updates from Patch.
The median household income in Diamond Bar is $99,083, which is 31% more than that of the state. The median income for an individual is $45,799, which is 24% more than that of the state. Relative to California, our data show that Diamond Bar's latest annual appreciation rate is lower than 50% of the other cities and towns in California.
Diamond Bar is also home to several gated communities, the biggest which is "The Country". Solidly middle class suburbia, with significant amount of upper-middle class families. Business-wise, large chains are prominent in everything from supermarkets to auto body shops.
School information
The average rent in Diamond Bar (located in Los Angeles-Long Beach-Glendale Metro Div.) metro area for a 2-bed home is $2,717, which is 132% more than the average rent across the US. However, this average takes into account both metro and suburban areas. So, the costs may go up or down depending on which neighborhood you eventually decide to stay.
A picturesque, suburban neighborhood, Cimmaron Oaks provides its residents with a blend of single-family homes, townhouses, and condominiums. Home to just over 2,300 people, Cimmaron is truly one of Diamond Bar’s hidden gems. With lots to do, scenery to enjoy, and access to all that is going on in the surrounding communities, it’s no surprise that Diamond Bar is such a highly desirable place to reside. With such highly sought-after real estate, here is a list of the best neighborhoods to live in Diamond Bar, California. Diamond Bar is a scenic city in eastern Los Angeles County, California.
Home to over 55,000 people, Diamond Bar perfectly blends the atmosphere of a small town with the benefits of a big city. The median home price in Diamond Bar is $800,500 with a median price per sqft of $567. The minimum salary you need to live in Diamond Bar is the sum of your daily expenses , your monthly housing-related costs , any debt expenses , as well as your savings and investment goals. Percentages are based on the number of housing units for each type over the total number of units across all types.
San Francisco homebuyers searched to move into Diamond Bar more than any other metro followed by Chicago and New York. In Sep '22 - Nov '22, 20% of Diamond Bar homebuyers searched to move out of Diamond Bar, while 80% looked to stay within the metropolitan area. The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive. Bestneighborhood.org needs to review the security of your connection before proceeding.
The proportion of homes and apartments in the city built within a certain time period. As previously noted, the population of Diamond Bar is 56,600 and the median age is 42.6. Among Diamond Bar residents, there is a homeowner vacancy rate of 1.4% and a rental vacancy rate of 5.0% from a total of 18,525 units. Visit our Buyer Resource Center for the latest home buying advice from top real estate agents across the country. Work with a top Diamond Bar real estate agent who can help you navigate the market and get the best deal.
If it’s over 100, it’s more expensive than the national average. Housing swings affordability the most between places in California, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations. In Orange County, the median price was $655,630 in May, up 21.8 percent from May 2012, when the median was $538,340, according to CAR. Home sales rose by 8.8 percent between April and May, and increased 7.8 percent from May 2012. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
In the past week, single family homes in Diamond Bar sold on average for $1,580,000 and spent 125 days on the market. In Diamond Bar, the inventory of 59 experienced a 10% relisting. Easily one of the most sought-after neighborhoods to live in, Pathfinder provides a charming community in Diamond Bar.
Transportation expenses like bus fares and gas prices are 27% higher than the national average. The percentage of housing units in the city that are occupied by the property owner versus occupied by a tenant . Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Diamond Bar.
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