Why Live in El Margarita
El Margarita in Yuba City is characterized by its mature trees and larger lots, giving the neighborhood an established feel. The area primarily features older ranch-style homes, with prices ranging from $400,000 to $800,000. While there are no parks within the neighborhood, residents can visit Sam Brannan Public Park a couple of miles away, which includes a playground, walking path, game courts, and the Yuba City Skate Park. The neighborhood is conveniently located near Colusa Highway, providing access to grocery stores like Grocery Outlet, New Earth Market, Bel Air, and Walmart. Dining options include local favorites such as the Refuge Restaurant and Lounge and Sushi Ichiban, along with various fast food chains. El Margarita is known for its annual Christmas decorations, where residents create elaborate light displays. The neighborhood is well-connected via CA-20, making central Yuba City easily accessible within 5 miles, and Sacramento and Roseville are just over 40 miles away. For education, children attend Andros Karperos School for kindergarten through eighth grade, followed by the highly rated River Valley High, which offers a range of AP courses and technical education.
Frequently Asked Questions
Is El Margarita a good place to live?
El Margarita is a good place to live. El Margarita is considered very car-dependent and somewhat bikeable. El Margarita has 6 parks for recreational activities. It has a median age of 46. The average household income is $99,279 which is above the national average. College graduates make up 26.1% of residents. A majority of residents in El Margarita are home owners, with 18.7% of residents renting and 81.3% of residents owning their home. A
local real estate agent serving El Margarita can help you decide if this neighborhood is the right one for you. Learn more on our
El Margarita neighborhood guide.
How much do you need to make to afford a house in El Margarita?
The median home price in El Margarita is $465,000. If you put a 20% down payment of $93,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $2,370 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $102K a year to afford the median home price in El Margarita. The average household income in El Margarita is $99K.
What are the best public schools in El Margarita?
The best public schools that serve El Margarita are:
What are the best private schools in El Margarita?
The best private schools that serve El Margarita are:
What are the most popular zip codes in El Margarita, Yuba City, CA?
What are the most popular neighborhoods near El Margarita, Yuba City, CA?
Are home prices dropping in El Margarita?
Yes, home prices in El Margarita are down 29% in the last 12 months.
Home Trends in El Margarita, CA
On average, homes in El Margarita, Yuba City sell after 29 days on the market compared to the national average of 52 days. The median sale price for homes in El Margarita, Yuba City over the last 12 months is $410,000, down 26% from the median home sale price over the previous 12 months.
Median Sale Price
$410,000
Median Single Family Sale Price
$465,000
Average Price Per Sq Ft
$252
Number of Homes for Sale
2
Last 12 months Home Sales
5
Median List Price
$465,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-26%