Real Estate Market Update for Lemoore, CA
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 18% from one year earlier, and down 18% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 200-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 16%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 280-thousand dollars. The number of units sold increased 100% year-over-year, and increased 33% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Lemoore, CA
Area Information for Lemoore, CA
  • Population: 24,875
  • Median Age: 30.88 yr
  • Median Commute Time: 21 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 2,920/sq mi
  • Population Change Since 2000: 25.94%
  • Closest Airport: Fresno Yosemite International
  • Closest College: Fresno Pacific University
  • Closest Jr. College: San Joaquin Valley College
  • Median Household Income: $56,353
  • Annual Residential Turnover: 16%
  • Median Home Sales Price: $175,300
  • Closest Major Sports Team: Fresno Grizzlies (aaa)
  • Change Avg. Household Income Since 2000: 38.25%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Lemoore, CA
Median Age: 30.88 Married: 37% Number of Households: 8,305 Households with Children: 3,154
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Lemoore, CA

      School Name Distance Type Grades School Rating Parent Rating
      Lemoore Middle College High School 1.5 mi Public 9-12 5 4
      P. W. Engvall Elementary School 2.9 mi Public K-6 3 0
      Lemoore University Elementary Charter School 3.3 mi Public 5-8 4 0
      Liberty Middle School 3.3 mi Public 7-8 3 0
      Meadow Lane Elementary School 3.3 mi Public K-6 2 0
      Bridges Academy 3.3 mi Public 6-8 0 0
      Lemoore Elementary School 3.3 mi Public K-6 3 0
      Lemoore High School 3.9 mi Public 9-12 3 3
      Jamison (donald C.) High (continuation) School 4.0 mi Public 11-12 1 0
      Mary Immaculate Queen 4.0 mi Catholic PRESCHOOL-8 0 0
      Cinnamon Elementary School 4.3 mi Public K-6 2 0
      Island Elementary School 4.5 mi Public K-8 4 0
      Kings Christian 4.6 mi Private PRESCHOOL-12 0 0
      Akers Elementary School 4.9 mi Public PRESCHOOL-8 4 0
      Central Elementary School 4.9 mi Public K-8 0 0
      R. J. Neutra 4.9 mi Public K-5 4 0
      Kings County Rop School 10.7 mi Public 9-12 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Lemoore, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.