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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



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 Q4 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2023 (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 1,291 people, 435 houses or apartments, and a median cost of homes of $981,300, 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.

Mobile homes or trailers are the single most common housing type in Santa Margarita, accounting for 51.85% of the town's housing units. Other types of housing that are prevalent in Santa Margarita include single-family detached homes ( 48.15%).

Santa Margarita is dominated by renter-occupied one, two, or no bedrooms apartments. 65.29% of Santa Margarita's dwellings are rentals.

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 between 1940-1969 ( 14.60%). A lesser amount of the housing stock also hails from between 2000 and later ( 3.05%).

Santa Margarita Home Appreciation Rates

Appreciation rates for homes in Santa Margarita have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 93.23%, which ranks in the top 50% nationwide. This equates to an annual average Santa Margarita house appreciation rate of 6.81%.

Over the last year, Santa Margarita appreciation rates have trailed the rest of the nation. In the last twelve months, Santa Margarita's appreciation rate has been 6.16%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Santa Margarita were at 1.93%, which equates to an annual appreciation rate of 7.97%.

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

Average Home Values

Median Home Value

$981,300

Santa Margarita, CA Home Prices
> $1,271,000
$953,001 - $1,271,000
$635,001 - $953,000
$508,001 - $635,000
$381,001 - $508,000
$254,001 - $381,000
$127,001 - $254,000
$64,001 - $127,000
$0 - $64,000
26.0%
26.0%
27.6%
27.6%
26.4%
26.4%
6.5%
6.5%
1.8%
1.8%
2.4%
2.4%
2.0%
2.0%
6.5%
6.5%
0.8%
0.8%
0% 100.0%
% of Homes
High

for California

Very High

for nation

Number of Homes And Apartments:

435

Santa Margarita Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,524 / per month

Homeownership Rate

Owners
Renters
34.7%
34.7%
65.3%
65.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.2%
5.2%
94.8%
94.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
3.1%
3.1%
82.4%
82.4%
14.6%
14.6%
0.0%
0.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
48.1%
48.1%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
51.9%
51.9%
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%
5.2%
5.2%
69.7%
69.7%
25.1%
25.1%
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