Waterford, CA

Waterford is a city located in the Sacramento metropolitan area. The population of Waterford was 103,916 as of the 2010 census. The median home value in Waterford is $527,000, which is higher than the statewide median home value of $467,500.

Real estate in Waterford is very expensive compared to other cities in California. The average home price in Waterford is more than double the statewide median home price. Additionally, the average monthly mortgage payment for a house in Waterford is more than twice the statewide median monthly mortgage payment. This high cost of real estate may be due to several factors including:

1) The high demand for housing in Waterford due to its close proximity to major metropolitan areas such as Sacramento and San Francisco;

2) The relatively low number of homes available for sale compared to other cities in California; and

3) The relatively low incomes earned by residents of Waterford relative to other cities in California.