Santa Ynez, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Santa Ynez, CA Real Estate Data


Santa Ynez Housing Market Information

With a population of 4,629, 1,806 total housing units (homes and apartments), and a median house value of $1,040,212, Santa Ynez house prices are not only among the most expensive in California, Santa Ynez 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 Santa Ynez, accounting for 91.20% of the town's housing units. Other types of housing that are prevalent in Santa Ynez include mobile homes or trailers ( 5.80%), large apartment complexes or high rise apartments ( 2.11%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Santa Ynez. Owner-occupied housing accounts for 70.99% of Santa Ynez's homes, and 70.43% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Santa Ynez 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 Ynez built between 1940-1969 ( 22.51%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.86%). There's also some housing in Santa Ynez built before 1939 ( 7.43%).

Santa Ynez Home Appreciation Rates

Santa Ynez's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Santa Ynez during the period has been just -1.01%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Santa Ynez's appreciation rate, at 4.78%, has been at or slightly above the national average. In the latest quarter, Santa Ynez's appreciation rate has been 1.62%, which annualizes to a rate of 6.65%.

Relative to California, our data show that Santa Ynez's latest annual appreciation rate is lower than 90% of the other cities and towns in California.

Average Home Values

 

Median Home Value:
$1,040,212

Santa Ynez, CA HOME PRICES

Value Range
> $1,320,000 30.2
$990,001 - $1,320,000 19.3
$660,001 - $990,000 30.1
$528,001 - $660,000 4.8
$396,001 - $528,000 3.9
$264,001 - $396,000 2.9
$132,001 - $264,000 3.2
$66,001 - $132,000 4.0
$0 - $66,000 1.6

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
1.07747262399719 11.0964332892999

Number Of Homes And Apartments:
1,806

Rent & Ownership

 

Average Market Rent:
$2,467 / per month

Homeownership Rate

Homeownership
Owners 70.99
Renters 29.01
Vacant 4.80

Housing Market Details

 

Age of Homes

AGE OF Santa Ynez HOMES
2000 or Newer 12.9
1970 - 1999 57.2
1940 - 1969 22.5
1939 or Older 7.4

Types of Homes

TYPE OF Santa Ynez HOMES
Single-Family 91.2
Townhomes 0.9
Small Apt. Buildings 0.0
Apt. Complexes 2.1
Mobile Homes 5.8
Other 0.0

Home Size

SIZE OF Santa Ynez HOMES
No Bedroom 0.00
1 Bedroom 1.95
2 Bedrooms 18.82
3 Bedrooms 49.45
4 Bedrooms 20.98
5 or more bedrooms 8.80

Santa Ynez Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
79.14% 3.49% 5 9
* 10 is highest

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