Del Mar, CA is an affluent beachside city located in San Diego County along the coast of the Pacific Ocean. The housing median value in Del Mar is significantly above the US median value, at $3,412,400. Despite this high cost of living, the appreciation rate for homes in Del Mar is on par with the national average, with a 1 year appreciation rate of 8.15%. This means that over the course of a year, property values in Del Mar have increased by approximately 8%, which could make buying or selling a home here an attractive prospect for many people.
The median home cost in Del Mar is $3,412,400. Home appreciation the last 10 years has been 134.1%. Home Appreciation in Del Mar is up 16.4%.
Average Age of Homes
- The median age of Del Mar real estate is 46 years old
The Rental Market in Del Mar
- Renters make up 34.3% of the Del Mar population
- 1.7% of houses and apartments in Del Mar, 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.