Riverside County has much to offer current and future residents, such as wide open spaces, a strong local economy, access to excellent schools and colleges, and an attractively affordable real estate market. Riverside County and the Inland Empire also happen to boast many cities and communities that residents are proud to call home. One of these communities is the city of Beaumont, California.
Home to almost 37,000 residents per the 2010 U.S. Census with an expected population estimation of 125,000 by the year 2040, the city of Beaumont is considered one of Southern California's fastest growing cities. Neighboring communities and cities include Cherry Valley to the north, Banning to the east, San Jacinto to the south, and Calimesa to the northwest.
Beaumont's housing market is diverse in housing types and its overall affordability serves as a benefit for future residents. Buyers can expect average listing prices to hover in the low $100,000s. Residents are also treated to views of the mountains and the San Bernardino National Forest from their homes, along with quick and easy access to the 10, 60, and 79 freeways. Local students are under the jurisdiction of the Beaumont Unified School District, which also serves the community of Cherry Valley. Students and adult learners that are ready to make the jump into a more collegiate setting can choose from a variety of colleges within the county—such as Mt. San Jacinto Community College and University of Redlands—to attain a degree in higher education. Beaumont's parks are maintained by the city's Community Services Department, which also organizes the city's festivals and events throughout the year.
Beaumont, CA Real Estate Market: Prices of Houses for Sale in Beaumont, California
The real estate market in Beaumont, California, attracts many future homeowners and investors as the city offers an array of single-family homes in suburban neighborhoods and gated communities, townhomes and condos that are just minutes from local parks, as well as land parcels for custom home development. Home prices in Beaumont start from under $100,000 for 3 bedroom starter homes to upwards of $500,000 for a 4 bedroom home compete with the latest upgrades and on one of Beaumont's quiet, tree-lined cul-de-sac neighborhoods. If you're thinking about investing in Beaumont's real estate market, consider taking a look at some of Riverside County's finest townhome and condo selections. Prices for Beaumont's condos and townhome range between $100,000 and $160,000. For savvy real estate investors that are looking to custom develop in Beaumont, land prices begin at just under $75,000.
Beaumont Real Estate Stats and Trends for the week of May 30th, 2016: homes priced around $308,940 compared to $439,031 the previous week, showing a decrease of less than -42%. For Monday, May 30th, the current national mortgage rate for a 30 year fixed mortgage is 3.66%; the 15 year fixed rate is at 2.77%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.23%, while the 15 year jumbo rate currently is at 3.88%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Beaumont CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Beaumont to help you find the best home!