Buying a Home in Buena Park – A Place to Live, Grow and Play
The Buena Park real estate market is cool right now. The median value for homes in Buena Park is $451,600 which is up from last year and is expected to rise 5.7% over the next year. The median list price of homes is $449,900 and the median sold price is $457,000. Despite that number most homes in Buena Park sold for under list price in April. In this buyer’s market be sure to enlist an experienced Buena Park realtor in order to get a good price on your investment.
Buena Park, known as the Center of the Southland, was founded in 1887 and incorporated in 1953. It is a city of about 82,000 residents who are on average 35 years of age with a median household income of $64,754. The biggest employer in Buena Park is Knott’s Berry Farm which employs over 5000 people. Most residents commute to other cities for work. Buena Park covers 10.6 square miles with a population density of 7769 people per square mile. The percentage of households that are families is 80.7% and the average size of households is 3.4 people.
The climate of Buena Park is Mediterranean which means small rainfall amounts and lots of sunny days, about 70% of them are cloudless.
Housing stats show that in 2010 there were 24,623 housing units of which 13,428 (56.7%) were owner-occupied, and 10,258 (43.3%) were occupied by renters. The homeowner vacancy rate was 1.1%; the rental vacancy rate was 5.0%.
Homes in Buena Park consist of single-family dwellings, townhouses, condos and mobile homes. Due to the age of this city you will find Victorian, Spanish Revival, and Craftsman styles amongst other vintage styles.
The homes for sale in Buena Park right now are mainly contemporary and those built in the 50s, 60s and 70s. Many of the older homes have been updated with new counter tops and fixtures.
Buena Park Green Space
There are 11 parks in Buena Park most of which house recreational facilities. A favorite of residents is actually run by the county, Ralph B. Clark Regional Park. This 104 acre park has trails and a lake stocked for fishing.
Shopping and Dining in Buena Park
Buena Park Downtown is a 1.1 million square foot retail complex made up of Buena Park Mall, Buena Park Place and the Krikorian Courtyard. In all there are dozens of shops and restaurants like Sears and Olive Garden.
For a unique dining experience you can try Golden Nights Restaurant which serves up Mediterranean cuisine with live music and a belly dancing show.
Besides the chain grocers there are also some Asian markets as well as a Mexican market in town.
Art, Entertainment and Culture in Buena Park
The Buena Park Cultural and Fine Arts Division provides cultural events and opportunities for the residents like youth theatre and other youth programs, community theatre and summer concerts in the park.
Buena Park is home to the Knott’s Berry Farm theme park. This park started off with the Knott family selling pies and preserves from their farm at a roadside stand and then branching out into a restaurant with shops and attractions to entertain visitors. It’s now the 14th most visited theme park in North America.
Buena Park Schools
Buena Park School District is just one of the five elementary and two high school districts servicing Buena Park students. The Buena Park School District has many award winning schools.
Public Transportation in Buena Park
Residents of Buena Park have access to the Interstate 5 and California Route 91 freeways. Bus service is provided by the Orange County Transit Authority and they are near Fullerton Airport, but the other major airports of the area are within 30 miles. There is also a Metrolink Orange County Line station here.
Buena Park Medical Facilities
The closest facility is three miles away in Anaheim, AHMC Anaheim Regional Medical Center and there are two others within six miles.
Real Estate Market Forecast for Buena Park
At the moment the Buena Park real estate market favors buyers. With housing values still rising and mortgage rates still low you have the opportunity to make an investment that will appreciate. Give me a call and let me show you around this great city.