Santa Ynez, California Real Estate & Housing Market

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Santa Ynez Housing Information

Index	Santa Ynez	California	National
Median home price	$739,800	$409,300	$184,700
Median rent asked	$1,691	$1,297	$949
Avg. people per household	2.6	3.0	2.6
Owner occupied households	74.0%	54.1%	63.6%
Renter occupied households	26.0%	45.9%	36.4%

A general summary of the real estate market in Santa Ynez, CA is listed above. Properties in Santa Ynez, CA average a cost of $739,800, which is 81% higher than the median home price for real estate located in California. This means that the region of Santa Ynez, CA is, on average, less affordable when compared to the remainder of California. Since tenants living in Santa Ynez, CA will pay an average of $1,691, the median rental cost is 30% higher than in California. 74.0% of people in Santa Ynez, CA own their own homes, and an average of 2.6 people inhabit each property. Santa Ynez, CA has many assorted real estate listings available. These range from urban townhouses to inexpensive condos to luxurious residences. We make finding homes for sale and browsing real estate listings effortless. Simply use the search function above, and obtain filtered results according to price, location, bathrooms and bedrooms.

Santa Ynez Home Affordability

When starting your search for real estate in Santa Ynez, CA, it is crucial to consider home affordability. When calculating home affordability, the ratio of home price to median household income is one of the methods that is applicable in doing so. On average, a home in Santa Ynez, CA costs $739,800 while each household has an average income of $98,036. Consequently, the ratio of home price to household income is 7.5x; this ratio is 18% higher than the average in California. Calculating the home affordability ratio involves dividing the average price of a home by the average income of homes in Santa Ynez, CA. When the ratio of home price to income is relatively low, the implication is that homes are more affordable on the basis of the home price in comparison with the home income. Note that besides home price to median household income ratio, there are various other factors to put into consideration when determining if home affordability exists. Check the home affordability calculator shown below to calculate how much you can afford to pay for real estate in Santa Ynez, CA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Los Alamos, CA	1,351	$373,000	102%
Buellton, CA	5,021	$410,200	122%
Isla Vista, CA	27,179	$428,100	132%
Goleta, CA	30,671	$650,200	252%
Solvang, CA	5,552	$658,600	257%
Santa Ynez, CA	4,468	$739,800	301%

Cities with similar population

City, State	Population	Home Price	National Avg.
Midway, UT	4,468	$399,800	116%
Valdese, NC	4,467	$124,400	33%
Coleman, TX	4,467	$54,500	70%
Tazewell, VA	4,470	$116,600	37%
Osage Beach, MO	4,471	$213,900	16%
Santa Ynez, CA	4,468	$739,800	301%

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