Sunday, May 31, 2009

Lemoore Homes: What Are the Values?

People moving to Lemoore may or may not be surprised that home values in Lemoore are relatively low compared to the rest of California. Lemoore isn't a big-name city like L.A. or San Francisco, so homeowners don't command high prices.

According to Zillow.com, the median price of a home in Lemoore (Zip: 93245) is $225,710.

Below is a map of homes for sale in Lemoore as indicated by the blue and red icons...(Taken from the Zillow website). This area is the North West part of Lemoore along Hanford-Armona Rd. Click on the image for a bigger view...

Map of Lemoore Homes for Sale on Zillow.com
There's a shopping center with K-Mart and Save Mart in this area (see big blue arrow pointing to it). Right across the street from the center is the new Walgreen's as well.

Being that it is a small town, home values in Lemoore increase at a fairly slow rate. My father bought the home he lives in now for around $80,000 in the mid 80's. In the current market it's worth about $185K.

0 comments: