There are currently 31,931 real estate properties in Santa Maria, CA, with a median automated valuation model (AVM) price of $500,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Santa Maria, 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 Santa Maria, CA, is $505,164.00, with the most expensive house in Santa Maria, CA, topping out at $9,018,400.00 and the cheapest home in Santa Maria, CA, clocking in at $40,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Santa Maria, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Santa Maria, CA, is on a rollercoaster ride. The average rent price in Santa Maria, CA, is $2,078.00. Indeed, when looking to rent in Santa Maria, CA, you can expect to pay as little as $830.00 or as much as $5,700.00, with the average rent median estimated to be $2,040.00. The good news is that finding an affordable and desirable property to rent in Santa Maria, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Santa Maria, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Santa Maria, CA and much more. Save thousands at closing with home foreclosure listings in Santa Maria, CA — up to 75% off market value!
Santa Maria is located in Santa Barbara, California, with an estimated municipal population of 107,263 residents. All of the best foreclosed homes for sale in Santa Maria are located in the following zip code areas on Foreclosure.com: 93454 93455 93458. The estimated population per square kilometer (.62 miles) in Santa Maria is 1,815.
So, about how much do homes cost in Santa Maria? The most recent median value of resident-owned homes in Santa Maria is 343,310. An estimated 49.7 percent of households in Santa Maria own their homes, with an average family size of 4.04. The median household income in Santa Maria is 63,341, with25.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Santa Maria, the median commute time of resident workers (in minutes) is 21.7. And last, but certainly not least, are you looking for homes to rent in Santa Maria? If so, the average rent price paid by renters in Santa Maria is 1,414, 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 Santa Maria, 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 Santa Maria is 29.3, split between 49.5 percent male versus 50.5 female. The percentage of residents who report being married in Santa Maria is 44.7, with an average family size of 4.04.
The percentage of residents who report their race in Santa Maria is as follows:
|Black / African American||1.3%|
|American Indian / Alaskan Native||0.8%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Santa Maria? Or maybe you are searching for 55+ active adult communities in and/or near Santa Maria?
The percentage of residents who report their age in Santa Maria is as follows:
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 Santa Maria with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Santa Maria.
How do you know that living in -- or moving to -- Santa Maria is right where you need to be? Perhaps you grew up in Santa Maria or already live nearby; therefore, the decision to buy a home in Santa Maria is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Santa Maria 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 Santa Maria:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Santa Maria.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Santa Maria can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Santa Maria, meanwhile, can field multiple offers from more qualified buyers.