Rent To Own Homes in Santa Maria, CA

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View this home at S Bradley Rd Apt 14 Santa Maria CA 93454
$435,600 EMV
S Bradley Rd Apt 14
Santa Maria, CA 93454
3 |
EST. RENT: $1,940
AUCTION: 05-08-2024
3 |
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Home Value Estimator For Santa Maria, CA

There are currently 33,383 real estate properties in Santa Maria, CA, with a median automated valuation model (AVM) price of $589,800.00. 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 $600,390.00, with the most expensive house in Santa Maria, CA, topping out at $8,875,000.00 and the cheapest home in Santa Maria, CA, clocking in at $40,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Santa Maria, CA!

Rent Prices 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 $2,071.00. Indeed, when looking to rent in Santa Maria, CA, you can expect to pay as little as $790.00 or as much as $6,760.00, with the average rent median estimated to be $2,060.00. 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.

Top Reasons To Live In Santa Maria, CA In 2024

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 93454 93455 93458. The estimated population per square kilometer (.62 miles) in Santa Maria is 1,815.

Cost Of Living In Santa Maria, CA

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.

Diversity And Demographics In Santa Maria, California

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:

White 82.1%
Black / African American 1.3%
Asian 5.3%
American Indian / Alaskan Native 0.8%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3%
Other 7.6%

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:

Under 10 18.7%
Aged 10-19 15.7%
20s 16.4%
30s 14.3%
40s 11.8%
50s 9.7%
60s 6.5%
70s 3.9%
80+ 3%

Best Schools In Santa Maria, California

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.

Pros And Cons Of Living In Santa Maria, California

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:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

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.

Reasons To Move To Santa Maria, California, In 2024

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.

Santa Maria, CA Rent To Own Homes


Listing types in Santa Maria, CA

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