Santee, 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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Santee, CA Housing Market Trends

With a population of 58,081, 19,200 total housing units (homes and apartments), and a median house value of $566,866, real estate costs in Santee 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 Santee, accounting for 57.30% of the city's housing units. Other types of housing that are prevalent in Santee include large apartment complexes or high rise apartments ( 15.86%), mobile homes or trailers ( 10.56%), and a few row houses and other attached homes ( 10.39%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Santee. Owner-occupied housing accounts for 69.34% of Santee's homes, and 63.11% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Santee 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 Santee built between 1940-1969 ( 23.44%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.10%). There's also some housing in Santee built before 1939 ( 1.50%).

Santee Home Appreciation Rates

In the last 10 years, Santee has experienced some of the highest home appreciation rates of any community in the nation. Santee real estate appreciated 71.05% over the last ten years, which is an average annual home appreciation rate of 5.51%, putting Santee in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Santee 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, Santee's appreciation rate, at 5.47%, has been at or slightly above the national average. In the latest quarter, Santee's appreciation rate has been 1.79%, which annualizes to a rate of 7.36%.

Relative to California, our data show that Santee's latest annual appreciation rate is higher than 70% 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 Santee differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Santee - 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 Santee real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$566,866

Santee, CA HOME PRICES

> $1,185,000
0.9%
0.9%
$888,001 - $1,185,000
2.6%
2.6%
$593,001 - $888,000
32.6%
32.6%
$473,001 - $593,000
28.5%
28.5%
$355,001 - $473,000
16.2%
16.2%
$237,001 - $355,000
7.4%
7.4%
$118,001 - $237,000
3.5%
3.5%
$59,001 - $118,000
5.3%
5.3%
$0 - $59,000
3.2%
3.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Average for CA

Value Relative To Nation

Number Of Homes And Apartments:
19,200

Santee Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
147.22% 4.40%
8
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,698 / per month

Homeownership Rate

Owners
69.3%
69.3%
Renters
30.7%
30.7%
Vacant
4.2%
4.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
13.1%
13.1%
1970 - 1999
62.0%
62.0%
1940 - 1969
23.4%
23.4%
1939 or Older
1.5%
1.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
57.3%
57.3%
Townhomes
10.4%
10.4%
Small Apt. Buildings
5.9%
5.9%
Apt. Complexes
15.9%
15.9%
Mobile Homes
10.6%
10.6%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.7%
1.7%
1 Bedroom
5.4%
5.4%
2 Bedrooms
27.3%
27.3%
3 Bedrooms
41.8%
41.8%
4 Bedrooms
21.4%
21.4%
5 or more bedrooms
2.5%
2.5%
0.0% 100.0%
% OF HOMES