Listed as one of the region's fastest growing cities, Anaheim is the most populated city in Orange County, the tenth in the state of California and the 54th in the nation. Results from the 2010 U.S. Census of Population and Housing showed the city's population was 336,255, nearly 6,618 people per square mile. Local attractions;Disneyland Resort and Angel Stadium, bring many tourists throughout the year.
The median sales price for homes in Anaheim in February 2011 was $375,031. The area remained relatively stable throughout the housing market slump as the local economy kept many residents employed. Many other real estate markets throughout Los Angeles have not been as fortunate.
The 2010 Census also found that there were 104,237 households in the city of Anaheim, with 47,677, 48.5 percent, being occupied by homeowners while 50,617, 51.5 percent, were occupied by renters. The median value of homes according to the data was $503,000 while the average renter paid approximately $1262 each month.
The median age of residents in Anaheim in 2010 was about 32 years old, and 27.3 percent of the population was under the age of 18. Between 2000 and 2010, the population of the city grew 2.5 percent as the overall population in the state increased by 10 percent.
Homes for sale in Los Angeles could continue to see multiple offers, as mortgage rates have remained near all-time lows despite rising in two consecutive weeks.