Santa Clarita, CA—91387
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 $802,000, with a year-over-year change of -1.8%. This indicates that home prices in Santa Clarita, CA are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $802,000 | -1.8% |
| Single Family | $856,000 | -2.2% |
| Condos | $459,000 | -4.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $457,000 | -3.8% |
3 Bed | $714,000 | -2.3% |
4 Bed | $879,000 | -1.6% |
| 5 Bed | $1,080,000 | -2.2% |
% of Housing Stock
Rental Trends — Santa Clarita, CA
As of July '25, Rentcast reports the average rent in Santa Clarita, CA is $3,610, with a year-over-year rent change of -8.8%. Per bedroom, the median rent as of July '25 in Santa Clarita, CA is studios: $2,370, 1-bedrooms: $2,040, 2-bedrooms: $2,530, 3-bedrooms: $3,550, 4-bedrooms: $5,510. The most common rental property sizes in Santa Clarita, CA are 2-bedroom and 3-bedroom, accounting for 51.8% and 24.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $3,610 |
| Studio Rent | $2,370 | $2,370 |
| 1 Bed Rent | $2,200 | $2,040 |
| 2 Bed Rent | $2,520 | $2,530 |
| 3 Bed Rent | $3,690 | $3,550 |
| 4 Bed Rent | $4,750 | $5,510 |
% 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 66. This is a increase of 51.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $840,000 | 4.0% |
Listing Count | 145 | 31.0% |
| Listings as % of Homes | 0.5% | 31.0% |
Days on Market | 66 | 51.0% |
Demographics — Santa Clarita, CA
As of the latest ACS Survey released in 2023, Santa Clarita, CA has a population of 46,300, which has increased by 5.9% over the past 5 years. Santa Clarita, CA is a popular place for families, as children make up 26.9% of the population. The area has a moderately educated workforce, with 33.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 46,300 | 5.9% |
% Under 18 | 26.9% | -6.3% |
% Seniors | 11.3% | 18.9% |
% WFH | 12.1% | 83.3% |
% w/ College Degree | 33.8% | 5.3% |
As of the latest ACS Survey released in 2023, Santa Clarita, CA is a predominantly hispanic area, with 43.1% of the population identifying as hispanic. The hispanic population has grown by 7.7% in the last 5 years. The second most common race or ethnicity in Santa Clarita, CA is white, making up 36.0% of the population. Foreign-born residents account for 24.4% of the population in Santa Clarita, CA, and this percentage has increased by 8.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 36.0% | -5.0% |
% Black | 6.6% | 0.0% |
% Hispanic | 43.1% | 7.7% |
% Asian | 10.3% | -11.2% |
% Foreign Born | 24.4% | 8.0% |
Mortgage and Risk — Santa Clarita, CA
According to HUD data as of 2023, there were 215 mortgage originations in Santa Clarita, CA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Santa Clarita, CA. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 215 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
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 3.5%. 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 | 189 |
Total Units Section 8 | 189 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $270 | $2,200 | $2,470 |
| 2 Bedroom | $590 | $2,520 | $3,110 |
| 3 Bedroom | $260 | $3,690 | $3,950 |
| 4 Bedroom | -$370 | $4,750 | $4,380 |
Affordability — Santa Clarita, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $802,000 |
| Median Household Income | $114,000 |