Compare Visalia, CA mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Visalia.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Visalia. Plus, shopping lenders is free and there is no obligation.
February 6, 2023
Below we provide helpful information on the real estate market, home prices and housing affordability in Visalia. Understand how much you need to earn to afford a home in Visalia, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Visalia fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Visalia is right for you.
The median home value for Visalia, CA (Tulare County) is $312,237
Based on current mortgage rates and a 10% down payment, you need to make $51,159 per year to buy the median priced home in Visalia
With this income, you could qualify for a $281,013 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Visalia is $1,185
The median household income for Visalia, CA (Tulare County) is $62,358
Based on this income, you can afford a home valued at approximately $380,587
The home price you can afford to buy based on household income in Visalia is 122% of the median home value which means housing prices are average. Visalia (Tulare County) ranks 6 out of 58 counties in California and 2,874 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Visalia, CA is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Visalia (Tulare County) below.
Conforming loan limits for Visalia, CA
FHA loan limits for Visalia, CA
VA loan limits for Visalia, CA