SAN MARINO HOUSING MARKET INFORMATION With 11,977 people, 3,807 houses or apartments, and a median cost of homes of $3,568,318, San Marino house prices are not only among the most expensive in California, San Marino real estate also is some of the most expensive in all of America. San Marino is a city of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in San Marino than is found in 98% of the communities in America. Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in San Marino. Owner-occupied housing accounts for 81.98% of San Marino's homes, and 76.21% have either three or four bedrooms, which is average sized relative to America. At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. San Marino's housing was primarily built during this period, from the '40s through the '60s. A full 51.11% of the city's housing hails from this era. Other housing ages represented in San Marino include homes built before 1939 ( 40.59%) and housing constructed between 1970-1999 ( 5.46%). There's also some housing in San Marino built between 2000 and later ( 2.84%). Vacant housing appears to be an issue in San Marino. Fully 12.74% of the housing stock is classified as vacant. Left unchecked, vacant San Marino homes and apartments can be a drag on the real estate market, holding San Marino real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor. SAN MARINO HOME APPRECIATION RATES Appreciation rates for homes in San Marino have been tracking above average for the last ten years, according to 蘑菇视频 data. The cumulative appreciation rate over the ten years has been 109.25%, which ranks in the top 30% nationwide. This equates to an annual average San Marino house appreciation rate of 7.66%. 蘑菇视频's data show that during the latest twelve months, San Marino's appreciation rate, at 8.45%, has been at or slightly above the national average. In the latest quarter, San Marino's appreciation rate has been 1.60%, which annualizes to a rate of 6.54%. Relative to California, our data show that San Marino's latest annual appreciation rate is higher than 90% of the other cities and towns in California.