Santa Margarita, CA Housing Market
Median List Price
$499,000
Updated August 2026
Today, Santa Margarita has 12 homes for sale at a median list price of $499,000, typically selling in about 118 days.
Santa Margarita Market Analysis
The median list price in Santa Margarita, CA is $499,000. Current inventory stands at 12 active listings. 1 new listings came on the market in the last 30 days.
Expect a median around $312,500 for two bedroom homes and $469,000 at the three bedroom end. Single family homes lead the mix at 75.0%, with manufactured homes accounting for another 25.0%. January to June saw the median price go from $650,000 to $2.1M, up about 223.1%. On a per square foot basis, the median runs $348.
Homes here typically go under contract in about 465 days. That longer timeline gives buyers some leverage in negotiations. Addresses here carry the 93453 ZIP code.
Santa Margarita Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 118 days to sell, and 58% of sellers have trimmed their asking price. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.
Median Home Price
$499K
Chart shows the median closed sale price by month
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The slowdown has deepened 23% versus six months ago.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in Santa Margarita
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
35%
Homeowners
65%
Renters
Homeownership is 20.5 points lower than the California average (55.5%)
435 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $476K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 6 → 7 bedrooms (+$845K)
Price Reductions
7 listings have reduced their price
58% of active listings
Average reduction: 10.8% (~$54K)
Browse Santa Margarita Listings
Frequently Asked Questions about the Santa Margarita, CA Housing Market
What is the median home price in Santa Margarita, CA?
The median list price in Santa Margarita is $499,000 as of August 2026, based on 12 active listings.
Is Santa Margarita a buyer's market or a seller's market?
Santa Margarita currently reads as a strong buyer's market.
How fast do homes sell in Santa Margarita?
Homes that closed in the last 90 days typically went under contract in about 465 days. The average home currently for sale has been on the market for 118 days.
How many homes are for sale in Santa Margarita, CA?
There are 12 homes for sale in Santa Margarita right now.