Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Housing Market Overview
| Metric | San Juan Capistrano | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $638,019 | $642,203 | $242,182 |
| Price Trend (Annual %) | -2.8% | 10.0% | 8.2% |
| Median Gross Rent | $2,517 | $1,955 | $1,342 |
| Rent Trend (Annual %) | 5.4% | 6.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in San Juan Capistrano is about 1% lower than in California. Rent is about 29% higher than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Home prices and rent are moving in opposite directions in San Juan Capistrano: home prices fell about 2.8% a year while rent rose about 5.4% a year. That is an unusual pattern worth watching.
Median rent in San Juan Capistrano rose about 47.9% between 2015 and 2023, from $1,702 to $2,517. Over the same span, rent in California rose about 55.7%.
Affordability
On average, housing unit costs 4.9 yearly household incomes in San Juan Capistrano.
Buying the median-priced home in San Juan Capistrano costs roughly 21.1 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in San Juan Capistrano. The price-to-rent ratio in California is about 27.4.
| Metric | San Juan Capistrano | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $638,019 | $642,203 | $242,182 |
| Median Household Income | $131,523 | $96,718 | $78,145 |
| Price-to-Income Ratio | 4.9 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in San Juan Capistrano fell about 17.8%, while median household income rose about 57.8% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | San Juan Capistrano | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.7% | 51.6% | 58.2% |
| Rental Rate | 22.9% | 40.9% | 31.3% |
| Vacancy Rate | 6.5% | 7.6% | 10.6% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
San Juan Capistrano has a homeownership rate of 70.7%, higher than the California average of 51.6%. Its housing vacancy rate is 6.5%, compared with 7.6% in California.
Housing Stock
| Metric | San Juan Capistrano | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.76 people | 2.85 people | 2.54 people |
| Median Structure Built Year | 1980 | 1975 | 1978 |
| Median Number of Rooms | 5.7 | 5.0 | 5.5 |
The typical housing unit in San Juan Capistrano was built around 1980. On average, 2.8 people live in a home with about 5.7 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in San Juan Capistrano, California.
What is the median home price in San Juan Capistrano, California?
The median home price in San Juan Capistrano, California is $638,019, lower than the California average of $642,203.
What is the average home price in San Juan Capistrano, California?
The typical home price in %s, reported as the median sale price, is %s. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in San Juan Capistrano, California?
The median gross rent in San Juan Capistrano, California is $2,517 per month, higher than the California average of $1,955.
What was the median gross rent in San Juan Capistrano in 2020?
In 2020, the median gross rent in San Juan Capistrano, California was $2,093 per month.
What is the price-to-rent ratio in San Juan Capistrano, California?
The price-to-rent ratio in San Juan Capistrano, California is about 21.1, meaning it would take roughly 21.1 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in San Juan Capistrano.
Are home prices or rent rising faster in San Juan Capistrano, California?
Home prices and rent are moving in opposite directions in San Juan Capistrano: home prices fell about 2.8% a year while rent rose about 5.4% a year. That is an unusual pattern worth watching.
What is the homeownership rate in San Juan Capistrano, California?
70.7% of households in San Juan Capistrano, California own their home, higher than the California average of 51.6%.
What is the vacancy rate in San Juan Capistrano, California?
The housing vacancy rate in San Juan Capistrano, California is 6.5%, lower than the California average of 7.6%.