Community Corner
4-Bedroom Home Under $300K In Walnut Creek
Eligible first-time buyers must meet household income limits and have sufficient funds for the purchase.
WALNUT CREEK, CA — The median home price in Walnut Creek climbed to nearly $1 million in September.
But a four-bedroom home is available for $262,750 through Walnut Creek’s Below Market Rate program for very low-income homebuyers.
The home’s asking price is roughly 72 percent below Walnut Creek’s September median home sale price of $932,500, according to Realtor.com.
Find out what's happening in Walnut Creekfor free with the latest updates from Patch.
The home is available to eligible first-time buyers. No household member may have held an ownership interest in a principal residence during the preceding three years.
Buyers must also have sufficient funds and financial resources to purchase the home.
Find out what's happening in Walnut Creekfor free with the latest updates from Patch.
Household income cannot exceed the following limits:
| Household size | Maximum income |
|---|---|
| 4 people | $84,850 |
| 5 people | $91,650 |
| 6 people | $98,450 |
| 7 people | $105,250 |
| 8 people | $112,050 |
The Bay Area Affordable Homeownership Alliance — or, BAAHA — is administering the sale on the city’s behalf. Interested applicants should contact info@myhomegateway.org.
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