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 63,457 people, 23,646 houses or apartments, and a median cost of homes of $1,485,396, San Clemente house prices are not only among the most expensive in California, San Clemente real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in San Clemente, accounting for 57.28% of the city's housing units. Other types of housing that are prevalent in San Clemente include duplexes, homes converted to apartments or other small apartment buildings ( 14.67%), large apartment complexes or high rise apartments ( 14.29%), and a few row houses and other attached homes ( 12.54%).
The most prevalent building size and type in San Clemente are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.42% owning and 35.58% renting.
There is a lot of housing in San Clemente 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 San Clemente built between 2000 and later ( 24.29%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.86%). There's also some housing in San Clemente built before 1939 ( 1.49%).
Vacant housing appears to be an issue in San Clemente. Fully 11.03% of the housing stock is classified as vacant. Left unchecked, vacant San Clemente homes and apartments can be a drag on the real estate market, holding San Clemente 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 San Clemente have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 88.43%, which ranks in the top 50% nationwide. This equates to an annual average San Clemente house appreciation rate of 6.54%.
Appreciation rates are so strong in San Clemente that despite a nationwide downturn in the housing market, San Clemente real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, San Clemente appreciation rates continue to be some of the highest in America, at 9.29%, which is higher than appreciation rates in 82.83% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in San Clemente. San Clemente appreciation rates in the latest quarter were at 2.09%, which equates to an annual appreciation rate of 8.62%.
Relative to California, our data show that San Clemente's latest annual appreciation rate is higher 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 San Clemente differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in San Clemente - 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 San Clemente real estate investment or home purchase decisions.
$1,485,396
for California
for nation
23,646
$4,427 / per month