Dana Point appreciation rates and housing market information

Dana Point housing market information

With 34,851 people, 15,649 houses or apartments, and a median cost of homes of $808,061, Dana Point house prices are not only among the most expensive in California, Dana Point real estate also is some of the most expensive in all of America.

single-family detached homes are the single most common housing type in Dana Point, accounting for 48.96% of the city's housing units. Other types of housing that are prevalent in Dana Point include duplexes, homes converted to apartments, or other small apartment buildings (17.83%), large apartment complexes or high rise apartments (16.41%), row houses and other attached homes (14.45%), and a few mobile homes or trailers (1.79%).

The most prevalent building size and type in Dana Point are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 56.55% owning, and 35.49% renting.

There is a lot of housing in Dana Point built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Dana Point built from 1940-1969 (22.67%). A lesser amount of the housing stock also hails from 1995 and later (3.84%), and some were built from 1939 and earlier (3.84%).

Dana Point home appreciation rates

In the last 10 years, Dana Point has experienced some of the highest home appreciation rates of any community in the nation. Dana Point real estate appreciated 110.58% over the last ten years, which is an average annual home appreciation rate of 11.05%, putting Dana Point in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Dana Point definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Dana Point appreciation rates have trailed the rest of the nation. In the last twelve months, Dana Point's appreciation rate has been -13.60%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dana Point were at -0.74%, which equates to an annual appreciation rate of -2.96%.

Notably, Dana Point's appreciation rate in the latest quarter is one of the lowest in America.

Relative to California, our data show that Dana Point's latest annual appreciation rate is higher than 62% of the other cities and towns in California.