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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 64,857, 24,565 total housing units (homes and apartments), and a median house value of $1,093,929, San Clemente house prices are not only among the most expensive in California, San Clemente 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 San Clemente, accounting for 59.37% of the city's housing units. Other types of housing that are prevalent in San Clemente include large apartment complexes or high rise apartments ( 15.40%), duplexes, homes converted to apartments or other small apartment buildings ( 13.96%), and a few row houses and other attached homes ( 9.59%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in San Clemente. Owner-occupied housing accounts for 65.35% of San Clemente's homes, and 53.73% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in San Clemente 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 San Clemente built between 1940-1969 ( 25.29%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.95%). There's also some housing in San Clemente built before 1939 ( 1.46%).
Vacant housing appears to be an issue in San Clemente. Fully 11.84% of the housing stock is classified as vacant. Left unchecked, vacant San Clemente homes and apartments can be a drag on the real estate market, holding San Clemente 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.
In the last 10 years, San Clemente has experienced some of the highest home appreciation rates of any community in the nation. San Clemente real estate appreciated 56.55% over the last ten years, which is an average annual home appreciation rate of 4.58%, putting San Clemente in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, San Clemente 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, San Clemente appreciation rates have trailed the rest of the nation. In the last twelve months, San Clemente's appreciation rate has been 2.35%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in San Clemente were at 0.75%, which equates to an annual appreciation rate of 3.05%.
Notably, San Clemente's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that San Clemente's latest annual appreciation rate is higher than 50% 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 San Clemente differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in San Clemente - 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 San Clemente real estate investment or home purchase decisions.
|$931,001 - $1,242,000||30.9|
|$621,001 - $931,000||24.4|
|$497,001 - $621,000||5.4|
|$372,001 - $497,000||2.9|
|$248,001 - $372,000||1.1|
|$124,001 - $248,000||1.7|
|$62,001 - $124,000||0.6|
|$0 - $62,000||1.4|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2019 Q2 - 2019 Q3
Last 12 Months:
2018 Q3 - 2019 Q3
Last 2 Years:
2017 Q3 - 2019 Q3
Last 5 Years:
2014 Q3 - 2019 Q3
Last 10 Years:
2009 Q3 - 2019 Q3
2000 Q1 - 2019 Q3
|* 10 is highest|
|AGE OF San Clemente HOMES|
|2000 or Newer||21.0|
|1970 - 1999||52.3|
|1940 - 1969||25.3|
|1939 or Older||1.5|
|TYPE OF San Clemente HOMES|
|Small Apt. Buildings||14.0|
|SIZE OF San Clemente HOMES|
|5 or more bedrooms||8.53|