There are currently 20,880 real estate properties in Costa Mesa, CA, with a median automated valuation model (AVM) price of $976,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Costa Mesa, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Costa Mesa, CA, is $1,026,598.00, with the most expensive house in Costa Mesa, CA, topping out at $6,410,600.00 and the cheapest home in Costa Mesa, CA, clocking in at $102,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Costa Mesa, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Costa Mesa, CA, is on a rollercoaster ride. The average rent price in Costa Mesa, CA, is $3,053.00. Indeed, when looking to rent in Costa Mesa, CA, you can expect to pay as little as $1,650.00 or as much as $4,880.00, with the average rent median estimated to be $3,140.00. The good news is that finding an affordable and desirable property to rent in Costa Mesa, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Costa Mesa, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Costa Mesa, CA and much more. Save thousands at closing with home foreclosure listings in Costa Mesa, CA — up to 75% off market value!
Costa Mesa is located in Orange, California, with an estimated municipal population of 113,003 residents. All of the best foreclosed homes for sale in Costa Mesa are located in the following zip code areas on Foreclosure.com: 92626 92627 92628. The estimated population per square kilometer (.62 miles) in Costa Mesa is 2,762.
So, about how much do homes cost in Costa Mesa? The most recent median value of resident-owned homes in Costa Mesa is 748,359. An estimated 38.3 percent of households in Costa Mesa own their homes, with an average family size of 3.32. The median household income in Costa Mesa is 84,138, with42.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Costa Mesa, the median commute time of resident workers (in minutes) is 22.9. And last, but certainly not least, are you looking for homes to rent in Costa Mesa? If so, the average rent price paid by renters in Costa Mesa is 1,857, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Costa Mesa, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Costa Mesa is 35.2, split between 50.3 percent male versus 49.7 female. The percentage of residents who report being married in Costa Mesa is 42.7, with an average family size of 3.32.
The percentage of residents who report their race in Costa Mesa is as follows:
|Black / African American||1.8%|
|American Indian / Alaskan Native||0.6%|
|Native Hawaiian / Other Pacifc Islander||0.8%|
Looking for family-friendly neighborhoods in and/or near Costa Mesa? Or maybe you are searching for 55+ active adult communities in and/or near Costa Mesa?
The percentage of residents who report their age in Costa Mesa is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Costa Mesa with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Costa Mesa.
How do you know that living in -- or moving to -- Costa Mesa is right where you need to be? Perhaps you grew up in Costa Mesa or already live nearby; therefore, the decision to buy a home in Costa Mesa is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Costa Mesa for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Costa Mesa:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Costa Mesa.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Costa Mesa can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Costa Mesa, meanwhile, can field multiple offers from more qualified buyers.