Mission Viejo, CA


Highest Appreciating Mission Viejo Neighborhoods Since 2000

Mission Viejo, CA Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Mission Viejo Housing Market Information

With 97,156 people, 33,483 houses or apartments, and a median cost of homes of $730,067, real estate costs in Mission Viejo are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Mission Viejo, accounting for 72.61% of the city's housing units. Other types of housing that are prevalent in Mission Viejo include large apartment complexes or high rise apartments ( 12.08%), row houses and other attached homes ( 12.03%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.20%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mission Viejo. Owner-occupied housing accounts for 75.90% of Mission Viejo's homes, and 64.53% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Mission Viejo 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 Mission Viejo built between 1940-1969 ( 12.78%). A lesser amount of the housing stock also hails from between 2000 and later ( 4.75%).

Mission Viejo Home Appreciation Rates

Real estate appreciation rates in Mission Viejo's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.00% during the period.

NeighborhoodScout's data show that during the latest twelve months, Mission Viejo's appreciation rate, at 5.47%, has been at or slightly above the national average. In the latest quarter, Mission Viejo's appreciation rate has been 1.99%, which annualizes to a rate of 8.20%.

Importantly, this makes Mission Viejo one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to California, our data show that Mission Viejo's latest annual appreciation rate is lower than 80% 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 Mission Viejo differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Mission Viejo - 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 Mission Viejo real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Mission Viejo, CA HOME PRICES

Value Range
> $1,265,000 1.9
$948,001 - $1,265,000 13.5
$632,001 - $948,000 49.5
$506,001 - $632,000 17.7
$379,001 - $506,000 10.0
$253,001 - $379,000 3.6
$127,001 - $253,000 2.2
$63,001 - $127,000 0.4
$0 - $63,000 1.2

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
2.42587601078167 22.2222222222222

Number Of Homes And Apartments:

Mission Viejo Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
117.10% 4.60% 8 10
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,799 / per month

Homeownership Rate

Owners 75.90
Renters 24.10
Vacant 2.43

Housing Market Details


Age of Homes

AGE OF Mission Viejo HOMES
2000 or Newer 4.7
1970 - 1999 82.2
1940 - 1969 12.8
1939 or Older 0.3

Types of Homes

TYPE OF Mission Viejo HOMES
Single-Family 72.6
Townhomes 12.0
Small Apt. Buildings 3.2
Apt. Complexes 12.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Mission Viejo HOMES
No Bedroom 0.71
1 Bedroom 6.21
2 Bedrooms 21.29
3 Bedrooms 36.63
4 Bedrooms 27.91
5 or more bedrooms 7.25