Zip 92688 (Rancho Santa Margarita, CA) Housing

The housing market in 92688 Rancho Santa Margarita, CA is thriving. The median value of homes in the area is currently $850,000, compared to the US House median value of $338,100. Additionally, over the past year house appreciation has been particularly strong in this area at 14.67%, far higher than the national average of 8.27%. This shows that investing in real estate in 92688 Rancho Santa Margarita is a great opportunity for anyone looking for a financial return on their investment.

The median home cost in Rancho Santa Margarita (zip 92688) is $850,000. Home appreciation the last 10 years has been 109.2%. Home Appreciation in Rancho Santa Margarita (zip 92688) is up 22.3%.

Average Age of Homes

- The median age of Rancho Santa Margarita (zip 92688) real estate is 24 years old

The Rental Market in Rancho Santa Margarita (zip 92688)

- Renters make up 30.1% of the Rancho Santa Margarita (zip 92688) population
- 1.4% of houses and apartments in Rancho Santa Margarita (zip 92688), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Rancho Santa Margarita, California	United States
	15,812.0	139,647,020.0
	28	42
	$850,000	$338,100
	22.3%	16.6%
	48.3%	57.0%
	109.2%	101.1%
	$8.91	$10.98
	$6,002	$2,690
	67.8%	57.4%
	2.3%	11.2%
	29.9%	31.4%
Vacant Housing
	1.4%	1.9%
	0.3%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.3%	3.6%
	0.4%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.1%	2.4%
	0.0%	2.8%
	0.1%	3.9%
	0.1%	4.5%
	0.3%	11.3%
	0.3%	13.0%
	1.3%	20.1%
	7.2%	13.6%
	13.2%	8.3%
	38.9%	9.7%
	30.8%	3.9%
	7.0%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.5%	13.6%
	6.5%	13.6%
	58.6%	13.6%
	30.2%	13.2%
	2.1%	14.8%
	58.6%	13.6%
	0.3%	10.0%
	0.1%	4.7%
	0.4%	12.2%

Reviews for Rancho Santa Margarita

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Mark · Rancho Santa Margarita, CA

One of America's Undiscovered Jewels

Over 7 years ago

Rancho Santa Margarita is the sort of city you see in a movie and think to yourself that you'd love to live there. My family moved here in 1995 and could not love it any More

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Clara · Rancho Santa Margarita, CA

Great place to live but it's time to move on.

Over 19 years ago

We currently live in Rancho Santa Margarita Caifornia and has been the best place to raise a family. Although it is pricey, we don't ever regret paying the price for a More