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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 3,156 people, 1,061 houses or apartments, and a median cost of homes of $4,085,834, Rancho Santa Fe house prices are not only among the most expensive in California, Rancho Santa Fe real estate also is some of the most expensive in all of America.
Rancho Santa Fe is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Rancho Santa Fe than is found in 98% of the communities in America.
The large homes that make up Rancho Santa Fe are primarily owner-occupied ( 85.30%).
There is a lot of housing in Rancho Santa Fe 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 Fe built between 1940-1969 ( 35.26%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.91%). There's also some housing in Rancho Santa Fe built before 1939 ( 7.59%).
Vacant housing appears to be an issue in Rancho Santa Fe. Fully 20.23% of the housing stock is classified as vacant. Left unchecked, vacant Rancho Santa Fe homes and apartments can be a drag on the real estate market, holding Rancho Santa Fe real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Rancho Santa Fe have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 107.92%, which ranks in the top 30% nationwide. This equates to an annual average Rancho Santa Fe house appreciation rate of 7.59%.
Over the last year, Rancho Santa Fe appreciation rates have trailed the rest of the nation. In the last twelve months, Rancho Santa Fe's appreciation rate has been 4.46%, 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 Fe were at -0.44%, which equates to an annual appreciation rate of -1.75%.
Relative to California, our data show that Rancho Santa Fe's latest annual appreciation rate is higher than 90% of the other cities and towns in California.
$4,085,834
$6,246 / per month