Santa Margarita, 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 Q1 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

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

Santa Margarita, CA Housing Market Trends

With a population of 1,291, 614 total housing units (homes and apartments), and a median house value of $783,607, real estate costs in Santa Margarita 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 Santa Margarita, accounting for 52.13% of the town's housing units. Other types of housing that are prevalent in Santa Margarita include mobile homes or trailers ( 47.87%).

People in Santa Margarita primarily live in small (one, two or no bedroom) single-family detached homes. Santa Margarita has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Santa Margarita 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 Santa Margarita built before 1939 ( 15.50%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.40%).

Santa Margarita Home Appreciation Rates

In the last 10 years, Santa Margarita has experienced some of the highest home appreciation rates of any community in the nation. Santa Margarita real estate appreciated 109.33% over the last ten years, which is an average annual home appreciation rate of 7.67%, putting Santa Margarita in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Santa Margarita definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Santa Margarita's appreciation rate, at 16.19%, has been at or slightly above the national average. In the latest quarter, Santa Margarita's appreciation rate has been 2.19%, which annualizes to a rate of 9.03%.

Relative to California, our data show that Santa Margarita's latest annual appreciation rate is lower than 60% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$783,607

Santa Margarita, CA HOME PRICES

> $1,311,000
$983,001 - $1,311,000
$655,001 - $983,000
$524,001 - $655,000
$393,001 - $524,000
$262,001 - $393,000
$131,001 - $262,000
$65,001 - $131,000
$0 - $65,000
4.9%
4.9%
12.6%
12.6%
58.6%
58.6%
12.4%
12.4%
4.4%
4.4%
0.7%
0.7%
0.0%
0.0%
1.0%
1.0%
5.4%
5.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for CA

Value Relative To Nation

Number Of Homes And Apartments:
614

Santa Margarita Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2021 Q4 - 2022 Q1
Last 12 Months:
2021 Q1 - 2022 Q1
Last 2 Years:
2020 Q1 - 2022 Q1
Last 5 Years:
2017 Q1 - 2022 Q1
Last 10 Years:
2012 Q1 - 2022 Q1
Since 2000:
2000 Q1 - 2022 Q1
169.85% 4.56%
6
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,542 / per month

Homeownership Rate

Owners
Renters
Vacant
46.1%
46.1%
53.9%
53.9%
6.7%
6.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
0.0%
0.0%
73.1%
73.1%
11.4%
11.4%
15.5%
15.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
52.1%
52.1%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
47.9%
47.9%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
6.7%
6.7%
75.5%
75.5%
17.8%
17.8%
0.0%
0.0%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Santa Margarita

Popular Communities Near Santa Margarita, CA

Zip Codes in Santa Margarita, CA