Santa Barbara, CA

Population: 90,412
Average annual home appreciation rate: 11.35%
Total of homes for sale in this market: 89
Median home price: $1,047,783
Median Rent: $1,768 per room
Home price range: 31.50% of homes are between > $1,259,000
Median sales price: No data
Number of homes: 164
Median foreclosure sales price: $881,000
Foreclosure discount: No data
Most common home type: 45.80% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 8.65%
Number of renters: 60.81%
Number of owner occupied: 39.19%
Number people living below poverty level: 14.03%
Unemployment rate: 3.80%
Is this area perfect for real estate deals going on right now? Data shows that Santa Barbara’s housing market shows one of the top real estate appreciation rates in the U.S.A. in the latest quarter, which may signal the city’s near-future real estate investment strength.

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