Santa Clarita, CA—91321
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Santa Clarita, CA
As of Oct '25, the median home price in Santa Clarita, CA is $692,000, with a year-over-year change of -2.9%. This indicates that home prices in Santa Clarita, CA are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $692,000 | -2.9% |
| Single Family | $830,000 | -3.2% |
| Condos | $436,000 | -4.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $315,000 | -4.5% |
2 Bed | $444,000 | -4.1% |
3 Bed | $735,000 | -3.3% |
4 Bed | $917,000 | -2.7% |
| 5 Bed | $1,063,000 | -1.9% |
% of Housing Stock
Rental Trends — Santa Clarita, CA
As of July '25, Rentcast reports the average rent in Santa Clarita, CA is $2,710, with a year-over-year rent change of -13.4%. Per bedroom, the median rent as of July '25 in Santa Clarita, CA is studios: $1,500, 1-bedrooms: $1,900, 2-bedrooms: $2,720, 3-bedrooms: $3,550, 4-bedrooms: $4,780. The most common rental property sizes in Santa Clarita, CA are 2-bedroom and 1-bedroom, accounting for 46.9% and 26.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,360 | $2,710 |
| Studio Rent | $1,500 | $1,500 |
| 1 Bed Rent | $1,940 | $1,900 |
| 2 Bed Rent | $2,560 | $2,720 |
| 3 Bed Rent | $2,900 | $3,550 |
| 4 Bed Rent | $4,500 | $4,780 |
% of Rental Stock
Property Listings — Santa Clarita, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Santa Clarita, CA is 44. This is a increase of 23.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $566,000 | -2.0% |
Listing Count | 108 | 10.0% |
| Listings as % of Homes | 0.5% | 10.0% |
Days on Market | 44 | 23.0% |
Demographics — Santa Clarita, CA
As of the latest ACS Survey released in 2023, Santa Clarita, CA has a population of 32,700, which has decreased by -4.9% over the past 5 years. Santa Clarita, CA is a moderately popular place for families, as children make up 24.8% of the population. The area has a moderately educated workforce, with 31.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,700 | -4.9% |
% Under 18 | 24.8% | 2.5% |
% Seniors | 15.1% | 11.9% |
% WFH | 12.9% | 95.5% |
% w/ College Degree | 31.3% | 25.2% |
As of the latest ACS Survey released in 2023, Santa Clarita, CA is a predominantly hispanic area, with 53.7% of the population identifying as hispanic. The hispanic population has grown by 13.3% in the last 5 years. The second most common race or ethnicity in Santa Clarita, CA is white, making up 33.2% of the population. Foreign-born residents account for 23.7% of the population in Santa Clarita, CA, and this percentage has decreased by 7.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 33.2% | -15.7% |
% Black | 2.4% | -20.0% |
% Hispanic | 53.7% | 13.3% |
% Asian | 7.5% | 2.7% |
% Foreign Born | 23.7% | -7.4% |
Mortgage and Risk — Santa Clarita, CA
According to HUD data as of 2023, there were 169 mortgage originations in Santa Clarita, CA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 18.0% above 90% LTV (elevated). This implies medium mortgage risk in Santa Clarita, CA. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 169 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Santa Clarita, CA
As of 2024, the percent of homes in Santa Clarita, CA under the Section 8 program is 2.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Santa Clarita, CA, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 108 |
Total Units Section 8 | 102 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,940 | $2,100 |
| 2 Bedroom | $90 | $2,560 | $2,650 |
| 3 Bedroom | $470 | $2,900 | $3,370 |
| 4 Bedroom | -$770 | $4,500 | $3,730 |
Affordability — Santa Clarita, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.2 |
| Median Home Price | $692,000 |
| Median Household Income | $93,300 |