Dana Point, California Real Estate & Housing Market

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Dana Point Housing Information

Index	Dana Point	California	National
Median home price	$780,300	$409,300	$184,700
Median rent asked	$1,813	$1,297	$949
Avg. people per household	2.3	3.0	2.6
Owner occupied households	60.6%	54.1%	63.6%
Renter occupied households	39.4%	45.9%	36.4%

The above shows an overview of the real estate market in Dana Point, CA. Note how the median home price for Dana Point, CA runs $780,300, which is 91% higher than the average property price for California. So you’re going to get real estate in Dana Point, CA that is on-average less affordable than what you’ll find in the rest of California. As for rent, the median for Dana Point, CA runs $1,813, which is comparatively 40% higher than the average rent for California. For Dana Point, CA, about 60.6% of the population consist of home owners with about 2.3 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Dana Point, CA offers a wide variety of real estate. To find your perfect home in Dana Point, CA, filter your choice by price, location, and number of beds and baths using the search area above.

Dana Point Home Affordability

When deciding where to purchase Dana Point, CA real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Dana Point, CA the median home price is $780,300 and $83,913 is the median household income. As a result, the home price to income ratio in Dana Point, CA is 9.3x, which is 45% higher than the California average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Dana Point, CA the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Dana Point, CA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Las Flores CDP (Tehama County), CA	324	$0	100%
Laguna Woods, CA	16,347	$228,700	24%
Aliso Viejo, CA	50,219	$539,000	192%
Lake Forest, CA	80,658	$550,600	198%
Rancho Santa Margarita, CA	49,038	$584,000	216%
Dana Point, CA	34,009	$780,300	322%

Cities with similar population

City, State	Population	Home Price	National Avg.
Pekin, IL	34,003	$103,500	44%
Houma, LA	34,052	$154,800	16%
Chester, PA	34,056	$66,800	64%
Kyle, TX	34,080	$158,400	14%
El Mirage, AZ	33,937	$124,800	32%
Dana Point, CA	34,009	$780,300	322%

Source: The Dana Point, CA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).