Rancho Santa Margarita, CA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Rancho Santa Margarita, CA Housing Market Trends

With 47,896 people, 17,192 houses or apartments, and a median cost of homes of $714,881, real estate costs in Rancho Santa Margarita are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Rancho Santa Margarita, accounting for 50.71% of the city's housing units. Other types of housing that are prevalent in Rancho Santa Margarita include large apartment complexes or high rise apartments ( 22.90%), row houses and other attached homes ( 20.16%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.10%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rancho Santa Margarita. Owner-occupied housing accounts for 70.76% of Rancho Santa Margarita's homes, and 51.62% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Rancho Santa Margarita built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Rancho Santa Margarita built between 2000 and later ( 8.73%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.46%).

Rancho Santa Margarita Home Appreciation Rates

Appreciation rates for homes in Rancho Santa Margarita have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 59.44%, which ranks in the top 30% nationwide. This equates to an annual average Rancho Santa Margarita house appreciation rate of 4.78%.

Over the last year, Rancho Santa Margarita appreciation rates have trailed the rest of the nation. In the last twelve months, Rancho Santa Margarita's appreciation rate has been 2.67%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Rancho Santa Margarita were at 1.72%, which equates to an annual appreciation rate of 7.07%.

Relative to California, our data show that Rancho Santa Margarita's latest annual appreciation rate is lower than 80% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Rancho Santa Margarita differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rancho Santa Margarita - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Rancho Santa Margarita real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$714,881

Rancho Santa Margarita, CA HOME PRICES

> $1,107,000
7.4%
7.4%
$830,001 - $1,107,000
28.2%
28.2%
$554,001 - $830,000
38.4%
38.4%
$443,001 - $554,000
13.0%
13.0%
$332,001 - $443,000
8.4%
8.4%
$221,001 - $332,000
2.4%
2.4%
$111,001 - $221,000
0.7%
0.7%
$55,001 - $111,000
0.6%
0.6%
$0 - $55,000
1.0%
1.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for CA

Value Relative To Nation

Number Of Homes And Apartments:
17,192

Rancho Santa Margarita Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
136.86% 4.14%
7
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,406 / per month

Homeownership Rate

Owners
70.8%
70.8%
Renters
29.2%
29.2%
Vacant
2.0%
2.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
8.7%
8.7%
1970 - 1999
88.6%
88.6%
1940 - 1969
2.5%
2.5%
1939 or Older
0.2%
0.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
50.7%
50.7%
Townhomes
20.2%
20.2%
Small Apt. Buildings
6.1%
6.1%
Apt. Complexes
22.9%
22.9%
Mobile Homes
0.1%
0.1%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.6%
1.6%
1 Bedroom
12.3%
12.3%
2 Bedrooms
26.9%
26.9%
3 Bedrooms
28.7%
28.7%
4 Bedrooms
22.9%
22.9%
5 or more bedrooms
7.6%
7.6%
0.0% 100.0%
% OF HOMES