Located in Northern California's beautiful San Joaquin Valley, Stockton is approximately 80 miles east of the San Francisco Bay area and about 50 miles south of the state capital of Sacramento. The seat of San Joaquin County, Stockton has earned the title "All-American City" by the National Civic League for the work the community of more than 290,000 has done to create jobs, reduce crime, improve the Delta's environment and revitalize its historic downtown.
Stockton is at the heart of rich farmland that made California known for its agricultural bounty. The nearby San Joaquin/Sacramento River Delta offers year-round boating, fishing, water-skiing, and sailing to area residents and visitors. The University of the Pacific and California State University, Stanislaus are just two of the higher education facilities in the Stockton area. The county's 17 school districts provide families with many choices for their children's education.
While Stockton's agribusiness continues to thrive, other industries have begun to find success in the region. Major employers in the city include St. Joseph's Health Care, Pacific Gas & Electric, and Dameron Hospital. At the heart of downtown Stockton is the Weber Point Events Center, a unique open-air events and recreation facility. The Center plays host to many city events and features a children's play area, an interactive water display, the Point Amphitheater and a plaza. Real estate options in Stockton consist of single-family detached homes, estate properties, condominiums, townhouses, and land lots.
Stockton's real estate market is diverse and suited for any budget. Single-family detached homes in Stockton are priced starting less than $100,000. Large, lovely, newer homes as well as spectacular estate properties with heated swimming pools, spas and spacious lots are also available in Stockton for up to $1 million and more. Stockton condominiums and townhouses range in price from below $100,000 to as much as $1 million and more. Land and lots are also available for custom development.
Stockton Real Estate Stats and Trends for the week of April 19th, 2020: homes priced around $274,182 compared to $274,182 the previous week, to remain steady with no change in listing price. For Sunday, April 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.