The housing market in San Marino, CA is one of the most expensive and competitive housing markets in the country. The median value of a house in San Marino is more than six times that of the national median value, at $2,232,300 compared to $338,100. While the US has seen a 1-year appreciation rate of 8.27%, San Marino homes have appreciated 7.19% which is still impressive considering how pricey they already are. Despite its high prices, people continue to flock to San Marino for its beautiful scenery and excellent quality of life.
The median home cost in San Marino is $2,232,300. Home appreciation the last 10 years has been 109.5%. Home Appreciation in San Marino is up 18.2%.
Average Age of Homes
- The median age of San Marino real estate is 74 years old
The Rental Market in San Marino
- Renters make up 10.8% of the San Marino population
- 0.7% of houses and apartments in San Marino, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.