San Jacinto, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating San Jacinto Neighborhoods Since 2000




San Jacinto, 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

San Jacinto Housing Market Information

With a population of 46,951, 13,221 total housing units (homes and apartments), and a median house value of $181,122, San Jacinto real estate values are some of the lowest in California, although compared to real estate around the nation, San Jacinto homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in San Jacinto, accounting for 69.26% of the city's housing units. Other types of housing that are prevalent in San Jacinto include mobile homes or trailers ( 16.30%), duplexes, homes converted to apartments or other small apartment buildings ( 5.43%), and a few large apartment complexes or high rise apartments ( 4.68%).

The most prevalent building size and type in San Jacinto are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.75% owning and 35.25% renting.

There is a lot of housing in San Jacinto 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 Jacinto built between 2000 and later ( 36.54%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.37%). There's also some housing in San Jacinto built before 1939 ( 3.18%).

Vacant housing appears to be an issue in San Jacinto. Fully 10.06% of the housing stock is classified as vacant. Left unchecked, vacant San Jacinto homes and apartments can be a drag on the real estate market, holding San Jacinto 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.

San Jacinto Home Appreciation Rates

Homes have actually lost value in San Jacinto over the last then years, as home values have seen a decline of 29.39% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows San Jacinto home appreciation rates at 2.02%, which equates to an annual appreciation rate of 8.32%.

Appreciation rates are so strong in San Jacinto that despite a nationwide downturn in the housing market, San Jacinto real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, San Jacinto appreciation rates continue to be some of the highest in America, at 10.11%, which is higher than appreciation rates in 94.11% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in San Jacinto. San Jacinto appreciation rates in the latest quarter were at 2.02%, which equates to an annual appreciation rate of 8.32%.

Importantly, this makes San Jacinto 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 San Jacinto's latest annual appreciation rate is higher 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 San Jacinto differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in San Jacinto - 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 Jacinto real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$181,122

San Jacinto, CA HOME PRICES

Value Range
> $1,444,000 0.5
$1,083,001 - $1,444,000 0.8
$722,001 - $1,083,000 0.3
$578,001 - $722,000 0.2
$433,001 - $578,000 3.0
$289,001 - $433,000 18.8
$144,001 - $289,000 45.6
$73,001 - $144,000 13.0
$0 - $73,000 17.7

Very Low for CA
High for Nation

Value Relative to Nation Value Relative to State
37.7358490566038 89.8148148148148

Number Of Homes And Apartments:
13,221

San Jacinto Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
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
78.76% 3.42% 4 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,369 / per month

Homeownership Rate

Homeownership
Owners 64.75
Renters 35.25
Vacant 10.06

Housing Market Details

 

Age of Homes

AGE OF San Jacinto HOMES
2000 or Newer 36.5
1970 - 1999 47.9
1940 - 1969 12.4
1939 or Older 3.2

Types of Homes

TYPE OF San Jacinto HOMES
Single-Family 69.3
Townhomes 4.1
Small Apt. Buildings 5.4
Apt. Complexes 4.7
Mobile Homes 16.3
Other 0.2

Home Size

SIZE OF San Jacinto HOMES
No Bedroom 1.10
1 Bedroom 7.34
2 Bedrooms 25.95
3 Bedrooms 33.34
4 Bedrooms 22.97
5 or more bedrooms 9.30