San Dimas, California Real Estate & Housing Market

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San Dimas Housing Information

Index	San Dimas	California	National
Median home price	$481,000	$409,300	$184,700
Median rent asked	$1,599	$1,297	$949
Avg. people per household	2.8	3.0	2.6
Owner occupied households	72.2%	54.1%	63.6%
Renter occupied households	27.8%	45.9%	36.4%

Above, you will see a summary of real estate in San Dimas, CA. On average, homes in San Dimas, CA cost $481,000, a value that is 18% higher than the average in California. In general terms, this results in San Dimas, CA real estate being less affordable than California real estate. On average, people who rent houses in San Dimas, CA pay $1,599; this value is 23% higher than the average amount renters pay in California. 72.2% of San Dimas, CA residents own their own homes and, on average, each of the homes has 2.8 occupants. San Dimas, CA real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in San Dimas, CA is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

San Dimas Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in San Dimas, CA. To estimate home affordability, one method is to use the ratio of home price to median household income. The San Dimas, CA’s median home price stands at $481,000 while $79,081 is the value of the average household income. The resulting home price to income ratio, which is 6.1x, differs from the California average as the ratio is 5% lower than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in San Dimas, CA are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in San Dimas, CA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Montclair, CA	38,294	$281,100	52%
Ontario, CA	169,389	$293,000	59%
South San Jose Hills, CA	19,914	$298,900	62%
Pomona, CA	151,807	$310,100	68%
Baldwin Park, CA	76,511	$333,500	81%
San Dimas, CA	34,109	$481,000	160%

Cities with similar population

City, State	Population	Home Price	National Avg.
Bay City, MI	34,110	$66,600	64%
Redan, GA	34,100	$87,000	53%
Seaside, CA	34,120	$366,400	98%
Hinesville, GA	34,127	$123,200	33%
Dakota Ridge, CO	34,133	$281,000	52%
San Dimas, CA	34,109	$481,000	160%

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