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Santiago—98587

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$525,000
N/A
Household Income
$48,300
32.2% YoY Growth
Days on Market
154
N/A
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Santiago

Santiago lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
N/AN/A
Single Family N/AN/A
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    3.6%
    2 Bedrooms
    13.1%
    3 Bedrooms
    66.8%
    4 Bedrooms
    13.4%
    5+ Bedrooms
    3.3%

    Rental Trends — Santiago

    Santiago lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    13.1%
    2 Bedrooms
    29.5%
    3 Bedrooms
    37.7%
    4 Bedrooms
    11.5%
    5+ Bedrooms
    8.2%

    Property Listings — Santiago

    Santiago lacks sufficient listing trend data for analysis.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$525,000N/A
    Listing Count
    		1N/A
    Listings as % of HomesN/AN/A
    Days on Market
    		154N/A
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    Demographics — Santiago

    As of the latest ACS Survey released in 2023, Santiago has a population of 947, which has increased by 25.6% over the past 5 years. Santiago is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 6.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		94725.6%
    % Under 18
    		24.5%-11.6%
    % Seniors
    		25.6%81.6%
    % WFH
    		5.9%31.1%
    % w/ College Degree
    		6.4%-33.3%
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    As of the latest ACS Survey released in 2023, Santiago is a predominantly white area, with 8.9% of the population identifying as white. The white population has grown by 71.2% in the last 5 years. The second most common race or ethnicity in Santiago is hispanic, making up 7.3% of the population. Foreign-born residents account for 1.1% of the population in Santiago, and this percentage has decreased by 45.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		8.9%71.2%
    % Black
    		0.1%∞%
    % Hispanic
    		7.3%-35.4%
    % Asian
    		0.0%N/A
    % Foreign Born
    		1.1%-45.0%
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    Mortgage and Risk — Santiago

    According to HUD data as of 2023, there were 3 mortgage originations in Santiago, of which 33.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Santiago. Investor activity is low, as 0.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		3
    % Conventional Loans
    		33.0%
    % Government Loans
    		67.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		0.0%
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    Rentals and Section 8 — Santiago

    Santiago lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$900
    2 BedroomN/AN/A$1,160
    3 BedroomN/AN/A$1,630
    4 BedroomN/AN/A$1,810

    Affordability — Santiago

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income RatioN/A
    Median Home PriceN/A
    Median Household Income$48,300

    Santiago — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    98566

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    98552

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    98535

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    98526

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    98550

    Frequently Asked Questions