Dana Point, CA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Dana Point, CA Housing Market Trends

With 33,577 people, 14,905 houses or apartments, and a median cost of homes of $883,383, 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 53.33% of the city's housing units. Other types of housing that are prevalent in Dana Point include large apartment complexes or high rise apartments ( 16.98%), duplexes, homes converted to apartments or other small apartment buildings ( 14.76%), and a few row houses and other attached homes ( 13.71%).

The most prevalent building size and type in Dana Point are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.54% owning and 36.46% renting.

There is a lot of housing in Dana Point built from 1970 to 1999 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 between 1940-1969 ( 23.05%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.08%). There's also some housing in Dana Point built before 1939 ( 1.13%).

Vacant housing appears to be an issue in Dana Point. Fully 16.57% of the housing stock is classified as vacant. Left unchecked, vacant Dana Point homes and apartments can be a drag on the real estate market, holding Dana Point real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

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 69.81% over the last ten years, which is an average annual home appreciation rate of 5.44%, putting Dana Point in the top 20% 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 6.74%, 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 3.13%, which equates to an annual appreciation rate of 13.11%.

Relative to California, our data show that Dana Point's latest annual appreciation rate is lower than 70% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Dana Point differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Dana Point - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Dana Point real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$883,383

Dana Point, CA HOME PRICES

> $1,166,000
32.4%
32.4%
$874,001 - $1,166,000
29.7%
29.7%
$583,001 - $874,000
23.1%
23.1%
$466,001 - $583,000
4.0%
4.0%
$350,001 - $466,000
3.1%
3.1%
$233,001 - $350,000
2.9%
2.9%
$117,001 - $233,000
2.5%
2.5%
$58,001 - $117,000
1.4%
1.4%
$0 - $58,000
0.9%
0.9%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for CA

Value Relative To Nation

Number Of Homes And Apartments:
14,905

Dana Point Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
158.12% 4.51%
8
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,209 / per month

Homeownership Rate

Owners
63.5%
63.5%
Renters
36.5%
36.5%
Vacant
16.6%
16.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
5.1%
5.1%
1970 - 1999
70.7%
70.7%
1940 - 1969
23.0%
23.0%
1939 or Older
1.1%
1.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
53.3%
53.3%
Townhomes
13.7%
13.7%
Small Apt. Buildings
14.8%
14.8%
Apt. Complexes
17.0%
17.0%
Mobile Homes
1.1%
1.1%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.6%
1.6%
1 Bedroom
12.2%
12.2%
2 Bedrooms
28.5%
28.5%
3 Bedrooms
34.6%
34.6%
4 Bedrooms
18.5%
18.5%
5 or more bedrooms
4.5%
4.5%
0.0% 100.0%
% OF HOMES