Zip 93453 (Santa Margarita, CA) Housing

The housing market in 93453 Santa Margarita, CA is booming. According to the provided data, the median value of a house in Santa Margarita is $648,300 which is almost double the US median value of $338,100. Furthermore, it has seen an appreciation of 11.64% over the past year compared to 8.27% for the US as a whole. This indicates that the area is seeing a surge in demand which is pushing up prices significantly, making it a great time for sellers and a tough one for buyers.

The median home cost in Santa Margarita (zip 93453) is $648,300. Home appreciation the last 10 years has been 119.8%. Home Appreciation in Santa Margarita (zip 93453) is up 14.2%.

Average Age of Homes

- The median age of Santa Margarita (zip 93453) real estate is 40 years old

The Rental Market in Santa Margarita (zip 93453)

- Renters make up 25.5% of the Santa Margarita (zip 93453) population
- 3.9% of houses and apartments in Santa Margarita (zip 93453), 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	Santa Margarita, California	United States
	1,401.0	139,647,020.0
	43	42
	$648,300	$338,100
	14.2%	16.6%
	49.1%	57.0%
	119.8%	101.1%
	$5.55	$10.98
	$2,799	$2,690
	54.0%	57.4%
	13.9%	11.2%
	32.0%	31.4%
Vacant Housing
	3.9%	1.9%
	0.0%	0.4%
	2.4%	0.7%
	0.0%	0.4%
	4.6%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	12.3%	2.6%
	2.0%	2.4%
	7.4%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	2.1%	11.3%
	0.0%	13.0%
	12.7%	20.1%
	9.4%	13.6%
	3.8%	8.3%
	19.8%	9.7%
	26.0%	3.9%
	2.2%	2.2%
	2.2%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.9%	13.6%
	7.9%	13.6%
	24.3%	13.6%
	10.3%	13.2%
	28.6%	14.8%
	24.3%	13.6%
	8.4%	10.0%
	1.2%	4.7%
	7.1%	12.2%

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