Snapshot: Napa Valley
If the first thing comes to mind when you think of Napa Valley is a vision of rolling hills, lush vineyards and sprawling estates, you’re not far off. Northern California’s wine country is a picture of perfection and an idyllic place to call “home” – if your budget allows it.
As you may guess, having VIP access to some of the world’s best wine comes at a price. The average list price for a four-bedroom home in Napa Valley is currently $1.49M. However, a quick search of listings in Napa’s 94558 zip code also reveals a number of condos and modest homes available for under $500K.
Hopeful homeowners heading into the spring real estate market currently have 215 homes to choose from. Regardless of your price point, there’s enough variety on the market that there’s a good chance you’ll find your next home with relative ease. Here’s a sampling of what you’ll find in Napa Valley right now.
Single Family Homes
$410K – This single-story home has three bedrooms, one bathroom, and is 973 square feet. Plus, it has a man cave. [view here]
$2.9M – This four-bedroom, five-bathroom home is 4,022 square feet and is located on nearly two acres. The wrap-around porch offers the quintessential Napa view. [view here]
$279K – This end-unit has two bedrooms and one-and-a-half bathrooms. The home is 976 square feet. [view here]
$650K – This golf course property offers a front row seat for the PGA tour. It features two bedrooms, two bathrooms, and is 1,004 square feet. [view here]
Napa Valley is a foodie’s dream. The area boasts more than 125 restaurants, which have been awarded more Michelin stars per capita than any other wine region in the world. Napa’s downtown scene buzzes most nights as locals and visitors take advantage of happy hour specials and savor the local fare.
Napa Valley’s temperate climate perfectly suits outdoor exploration, and opportunities for golf, tennis, hiking, biking, and kayaking abound. The area’s rich arts and culture scene also features a number of top-notch events and venues including the Napa Valley Film Festival, the Napa Farmers’ Market, and Flavor! Napa Valley.
Napa Valley Economy
Unemployment rate: 5.3%
Median household income: $70,443
Median sales price: $467,000
Median list price: $685,000
*Data taken from the U.S. Census Bureau, Sperling’s, Trulia.com, and Movoto.com