There are currently 509 real estate properties in Del Rey Oaks, CA, with a median automated valuation model (AVM) price of $912,250.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Del Rey Oaks, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Del Rey Oaks, CA, is $900,907.00, with the most expensive house in Del Rey Oaks, CA, topping out at $3,579,200.00 and the cheapest home in Del Rey Oaks, CA, clocking in at $400,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Del Rey Oaks, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Del Rey Oaks, CA, is on a rollercoaster ride. The average rent price in Del Rey Oaks, CA, is $2,231.00. Indeed, when looking to rent in Del Rey Oaks, CA, you can expect to pay as little as $1,640.00 or as much as $5,480.00, with the average rent median estimated to be $2,190.00. The good news is that finding an affordable and desirable property to rent in Del Rey Oaks, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Del Rey Oaks is located in Monterey, California, with an estimated municipal population of 1,654 residents. All of the best foreclosed homes for sale in Del Rey Oaks are located in the following zip code areas on Foreclosure.com: 93940. The estimated population per square kilometer (.62 miles) in Del Rey Oaks is 1,326.
So, about how much do homes cost in Del Rey Oaks? The most recent median value of resident-owned homes in Del Rey Oaks is 628,729. An estimated 71.2 percent of households in Del Rey Oaks own their homes, with an average family size of 2.98. The median household income in Del Rey Oaks is 95,000, with48 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Del Rey Oaks, the median commute time of resident workers (in minutes) is 19.6. And last, but certainly not least, are you looking for homes to rent in Del Rey Oaks? If so, the average rent price paid by renters in Del Rey Oaks is 2,338, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Del Rey Oaks, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Del Rey Oaks is 49.3, split between 48.7 percent male versus 51.3 female. The percentage of residents who report being married in Del Rey Oaks is 56.8, with an average family size of 2.98.
The percentage of residents who report their race in Del Rey Oaks is as follows:
| White | 82% |
| Black / African American | 3.8% |
| Asian | 6.8% |
| American Indian / Alaskan Native | 0.3% |
| Native Hawaiian / Other Pacifc Islander | 0.3% |
| Multi-racial | 6% |
| Other | 0.9% |
Looking for family-friendly neighborhoods in and/or near Del Rey Oaks? Or maybe you are searching for 55+ active adult communities in and/or near Del Rey Oaks?
The percentage of residents who report their age in Del Rey Oaks is as follows:
| Under 10 | 10% |
| Aged 10-19 | 7.5% |
| 20s | 8.5% |
| 30s | 11.1% |
| 40s | 14.9% |
| 50s | 16.1% |
| 60s | 17.1% |
| 70s | 10.9% |
| 80+ | 3.8% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Del Rey Oaks with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Del Rey Oaks.
How do you know that living in -- or moving to -- Del Rey Oaks is right where you need to be? Perhaps you grew up in Del Rey Oaks or already live nearby; therefore, the decision to buy a home in Del Rey Oaks is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Del Rey Oaks for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Del Rey Oaks:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Del Rey Oaks.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Del Rey Oaks can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Del Rey Oaks, meanwhile, can field multiple offers from more qualified buyers.
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