In this report: An update on the housing market inventory situation in California, and a…
Lately, we’ve been blogging about some of the cities within the East Bay region, and why they might appeal to homebuyers. In previous blog posts, we examined San Pablo, California as well as the city of Richmond.
Today, will offer some good reasons why you should consider buying a home in Antioch, California, which is also located in the East Bay.
Reasons to Buy a Home in Antioch, California
Why buy a home in Antioch? Antioch offers a number of benefits for home buyers, especially those on a limited budget. It’s a more affordable real estate market, when compared to the Bay Area region as a whole that offers a number of outdoor recreational opportunities.It’s located within a thriving economic center.
Here are some additional reasons to buy a home in Antioch, California:
It’s More Affordable, by Bay Area Standards
The real estate market in Antioch is more affordable, when compared to other Bay Area cities like San Francisco, San Jose, and Oakland. This creates good housing opportunities for home buyers.
- As of early 2023, the median home price for Antioch, California was around $766,000.
- The median price for the broader Bay Area was well over $1 million, and nearly $1.5 million in the city of San Francisco.
Granted, Antioch isn’t as affordable as Solano County cities like Vallejo and Dixon. But it still falls below the regional average, in terms of house prices. As a result, Bay Area home buyers with limited funds might want to consider buying a home in Antioch.
This relative affordability of this housing market comes from several factors. For one thing, Antioch tends to have a larger supply of available housing, compared to other Bay Area cities. Also, it’s located in the eastern part of the Bay Area, away from the more expensive coastal cities.
Outdoor Recreational Opportunities Abound
Antioch is located near the East Bay hills, which offers residents a variety of outdoor recreational opportunities. If you’re into the great outdoors, Antioch is a great place to buy a home. You can enjoy hiking, camping, and exploring nearby parks and wilderness areas.
- Mount Diablo State Park is located just east of Antioch and offers many hiking and biking trails, some with scenic views of the Bay Area.
- The East Bay hills have a network of hiking trails that range from easy to challenging. Be sure to check out the Contra Costa Canal Trail and the Iron Horse Regional Trail, both of which are popular among local hikers and bikers.
- The above-mentioned parks and trails also are also home to a variety of wildlife, making them popular destinations for bird-watching, and nature photography.
- The nearby Delta region provides opportunities for boating, fishing, and other water sports.
Bottom line: If you end up buying a home in Antioch, California, you’ll have endless opportunities for outdoor recreation and exploration. Some of the best in the Bay Area, in fact.
Strong Job Market and Local Economy
Like many Bay Area cities, Antioch has a growing job market and strong economy.
The city is home to a variety of businesses and industries, including healthcare, retail, and manufacturing. Some of the major employers in the area include Sutter Delta Medical Center, Antioch Unified School District, and the City of Antioch.
Antioch is also located near the crossroads of several major highways, giving local commuters convenient access to the broader Bay Area.
In recent years, Antioch has seen an increase in development and investment. This should help bring new job opportunities to the area, going forward. New homes have been built in the area, along with commercial and retail space. These and other developments will help stimulate the local economy and create job opportunities across many sectors.
Antioch’s location also gives residents access to larger job markets in nearby cities like San Francisco, Oakland and San Jose. This makes it a good option for those looking for a more affordable place to live, while still being able to access job opportunities in the area.
Need Financing to Buy a Home in Antioch?
Located in the East Bay, Bridgepoint Funding serves home buyers and homeowners all across the Bay Area. Whether you’re a repeat or first-time buyer, we can help you find the best home loan for your particular situation.
Planning to buy a home in Antioch, California in the near future? Need a mortgage loan to turn that dream into reality? Contact our staff today!