Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 1,496, 833 total housing units (homes and apartments), and a median house value of $1,289,467, The Sea Ranch house prices are not only among the most expensive in California, The Sea Ranch real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in The Sea Ranch, accounting for 97.23% of the town's housing units. Other types of housing that are prevalent in The Sea Ranch include large apartment complexes or high rise apartments ( 1.05%).
Dwellings in The Sea Ranch tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 53.67% of the homes in The Sea Ranch have two or fewer bedrooms.
There is a lot of housing in The Sea Ranch built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in The Sea Ranch built between 2000 and later ( 19.98%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.77%). There's also some housing in The Sea Ranch built before 1939 ( 2.26%).
A decent proportion of the The Sea Ranch housing stock is seasonally occupied. That is, homes and condos in The Sea Ranch are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the The Sea Ranch housing market speaks to its popularity as a vacation location of choice.
Real estate appreciation rates in The Sea Ranch's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.97% during the period.
NeighborhoodScout's data show that during the latest twelve months, The Sea Ranch's appreciation rate, at 7.66%, has been at or slightly above the national average. In the latest quarter, The Sea Ranch's appreciation rate has been 6.79%, which annualizes to a rate of 30.05%.
Importantly, this makes The Sea Ranch one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to California, our data show that The Sea Ranch's latest annual appreciation rate is higher than 50% of the other cities and towns in California.
$1,289,467
$2,275 / per month