Santa Margarita, CA is a beautiful town that offers an impressive housing market. The median value of homes in Santa Margarita is $879,900, which is significantly higher than the national median value of $338,100. The one-year appreciation rate for homes in this area is also quite impressive at 11.64%, which is significantly higher than the national appreciation rate of 8.27%. This makes Santa Margarita a great place to invest in real estate and enjoy living in a beautiful city with an ever-increasing property value.
The median home cost in Santa Margarita is $879,900. Home appreciation the last 10 years has been 119.8%. Home Appreciation in Santa Margarita is up 14.2%.
Average Age of Homes
- The median age of Santa Margarita real estate is 61 years old
The Rental Market in Santa Margarita
- Renters make up 33.7% of the Santa Margarita population
- 10.1% of houses and apartments in Santa Margarita, 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.