Housing Prices in Santa Margarita, CA

How much do homes in Santa Margarita, CA cost?

Median List Price

$727,250

$421/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

+$37,250(+5.4%)

Key Takeaway

The list price of homes in Santa Margarita has increased by 5.4% since last year.

Summary: The median home list price in Santa Margarita was $727,250 in April 2024, up 5.4% from the previous year, and the median price per square foot was $421.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $290K$265K
-8.6%
2 $437.5K$356.5K
-18.5%
3 $744.2K$749K
+0.6%
4 $989K$1.0M
+6.1%
5+ $1.8M$1.7M
-8.5%

Summary: Santa Margarita housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.6%, 2 bedroom homes decreased by 18.5%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 8.5%.

Median List Price Compared To Nearby Cities

Santa Margarita
+5.4%
Shandon
+1.0%
Creston
-33.4%

Housing Supply in Santa Margarita, CA

How many homes are available in Santa Margarita, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
89+12.5%

Summary: The Santa Margarita real estate market had 9 homes for sale in April 2024, a 12.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 33
0.0%
3 45
+25.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Santa Margarita housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Santa Margarita, CA

How long does it take to sell a home in Santa Margarita, CA?

Average Listing Age

Apr 2023Apr 2024CHANGE
160 Days157 Days-1.7%

Summary: Homes in Santa Margarita had an average listing age of 157 days in Apr 2024, down by 1.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Santa Margarita, CA

Nearby Markets to Santa Margarita, CA

What housing markets are near Santa Margarita, CA?