San Marcos, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating San Marcos Neighborhoods Since 2000




San Marcos, 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 Marcos Housing Market Information

With 92,931 people, 28,738 houses or apartments, and a median cost of homes of $452,132, real estate costs in San Marcos 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 San Marcos, accounting for 50.28% of the city's housing units. Other types of housing that are prevalent in San Marcos include large apartment complexes or high rise apartments ( 23.92%), mobile homes or trailers ( 12.84%), and a few row houses and other attached homes ( 9.54%).

The most prevalent building size and type in San Marcos are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.45% owning and 41.55% renting.

There is a lot of housing in San Marcos 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 Marcos built between 2000 and later ( 28.27%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.50%).

San Marcos Home Appreciation Rates

Real estate appreciation rates in San Marcos's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.12% during the period.

Appreciation rates are so strong in San Marcos that despite a nationwide downturn in the housing market, San Marcos real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, San Marcos appreciation rates continue to be some of the highest in America, at 7.19%, which is higher than appreciation rates in 82.38% 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 Marcos. San Marcos appreciation rates in the latest quarter were at 1.68%, which equates to an annual appreciation rate of 6.89%.

Importantly, this makes San Marcos 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 Marcos's latest annual appreciation rate is lower than 60% 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 Marcos differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in San Marcos - 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 Marcos real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$452,132

San Marcos, CA HOME PRICES

Value Range
> $1,297,000 4.2
$972,001 - $1,297,000 3.3
$648,001 - $972,000 19.0
$519,001 - $648,000 18.9
$389,001 - $519,000 19.2
$259,001 - $389,000 13.8
$130,001 - $259,000 9.8
$65,001 - $130,000 7.1
$0 - $65,000 4.6

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
7.32450486347123 45.7671957671958

Number Of Homes And Apartments:
28,738

San Marcos 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
96.75% 4.00% 7 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,110 / per month

Homeownership Rate

Homeownership
Owners 58.45
Renters 41.55
Vacant 4.37

Housing Market Details

 

Age of Homes

AGE OF San Marcos HOMES
2000 or Newer 28.3
1970 - 1999 64.6
1940 - 1969 6.5
1939 or Older 0.6

Types of Homes

TYPE OF San Marcos HOMES
Single-Family 50.3
Townhomes 9.5
Small Apt. Buildings 3.4
Apt. Complexes 23.9
Mobile Homes 12.8
Other 0.0

Home Size

SIZE OF San Marcos HOMES
No Bedroom 1.03
1 Bedroom 8.31
2 Bedrooms 32.17
3 Bedrooms 31.62
4 Bedrooms 21.19
5 or more bedrooms 5.68