Atherton, California Real Estate & Housing Market

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Atherton Housing Information

Index	Atherton	California	National
Median home price	$2,000,001	$409,300	$184,700
Median rent asked	$3,095	$1,297	$949
Avg. people per household	3.1	3.0	2.6
Owner occupied households	92.9%	54.1%	63.6%
Renter occupied households	7.1%	45.9%	36.4%

A general summary of the real estate market in Atherton, CA is listed above. Properties in Atherton, CA average a cost of $2,000,001, which is 389% higher than the median home price for real estate located in California. This means that the region of Atherton, CA is, on average, less affordable when compared to the remainder of California. Since tenants living in Atherton, CA will pay an average of $3,095, the median rental cost is 139% higher than in California. 92.9% of people in Atherton, CA own their own homes, and an average of 3.1 people inhabit each property. Atherton, CA has many assorted real estate listings available. These range from urban townhouses to inexpensive condos to luxurious residences. We make finding homes for sale and browsing real estate listings effortless. Simply use the search function above, and obtain filtered results according to price, location, bathrooms and bedrooms.

Atherton Home Affordability

When starting your search for real estate in Atherton, CA, it is crucial to consider home affordability. When calculating home affordability, the ratio of home price to median household income is one of the methods that is applicable in doing so. On average, a home in Atherton, CA costs $2,000,001 while each household has an average income of $250,001. Consequently, the ratio of home price to household income is 8.0x; this ratio is 25% higher than the average in California. Calculating the home affordability ratio involves dividing the average price of a home by the average income of homes in Atherton, CA. When the ratio of home price to income is relatively low, the implication is that homes are more affordable on the basis of the home price in comparison with the home income. Note that besides home price to median household income ratio, there are various other factors to put into consideration when determining if home affordability exists. Check the home affordability calculator shown below to calculate how much you can afford to pay for real estate in Atherton, CA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Loma Mar, CA	150	$0	100%
Mountain View CDP, CA	2,585	$334,000	81%
Hayward, CA	154,507	$404,500	119%
San Lorenzo, CA	24,790	$419,300	127%
East Palo Alto, CA	29,353	$515,900	179%
Atherton, CA	7,127	$2,000,001	983%

Cities with similar population

City, State	Population	Home Price	National Avg.
Putnam, CT	7,129	$166,500	10%
LaFayette, GA	7,130	$82,600	55%
La Follette, TN	7,131	$64,200	65%
Providence, UT	7,122	$244,400	32%
Tyrone, GA	7,121	$238,700	29%
Atherton, CA	7,127	$2,000,001	983%

Source: The Atherton, CA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).