San Marcos October First-Time Homebuyer Report

San Marcos is a relatively small city in California with a median income of $64,787 per household. Besides being affluent, its population is much older than others with a median age of 32 years. Its two largest zip codes are 92069 and 92078. The San Marcos market is primarily made up of detached houses, which currently account for 80% of the homes for sale in the area. Heading the list of top schools in the city is Discovery Elementary School.

Price Range

Some of the more expensive homes in California are in San Marcos with a median home value of $330,200 and an average list price for available homes currently at $525,388. 92078 and 92069 are the costliest places in the city. Over the last 30 days, the San Marcos market showed strong improvement with 102 homes sold. It marks a 2.0% increase from last week's report, while also topping the average sales volume for the prior 12 months.

Wonder which homes are generating the most buzz? Here are the most viewed listings in San Marcos:

$749K   $135K   $327K  

Typical Dwelling

A four-bedroom detached home valued around $669,241 is considered a typical dwelling in San Marcos. If a buyer was looking for a similar home, they would need good credit and a $133,848 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,261 and the property tax rate is $7.35 per $1,000 of taxable assessed value.

Get started right now by checking out San Marcos homes for sale or reviewing San Marcos real estate trends.

Data reported through 10/13/2016


Ask a local expert about this area:
San Diego Castles Realty
Pacific Sotheby's Int'l Realty
Snapped 17 homes in this area
Coastal Premier Properties
Snapped 11 homes in this area

Agents that specialize in this area
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