What Kind of Home Can You Get for $375,000 Median Price in San Leandro?

What can you get for that median price here?

The median price for a home in San Leandro right now is $375,000, according to the website movoto.com.

What can you get for that amount of money? Here's one example.

A three bedroom, one bathroom home at 1075 Tulane Avenue is listed at $390,000.

The house, built in 1951, has 1,081 square feet. It's been on the market for a month.

Another example is a three bedroom, two bathroom home at 1565 141st Ave., which is listed at $375,000.

The home, built in 1942, has 1,770 square feet. It's been on the market about two weeks.

David January 25, 2013 at 05:44 PM
mortgage payment on a $375k home (3.75% interest rate, 30 year loan, 20% down): $1390 Median household income in San Leandro: $62600 (family: $71683) Median mortgage:income ratio: 26.6% Therefore, the median household or family can easily afford a median house in San Leandro. Therefore, spending more tax dollars for "affordable housing" remains an utter waste.


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