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Santa Ana, CA—92706

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,044,000
0.9% YoY Growth
Household Income
$96,400
50.4% YoY Growth
Days on Market
44
8.0% Longer YoY
Home Price Forecast
-0.4%
Median Rent
$2,700
3.4% YoY Growth
1-Bed Rent
$1,950
6.1% YoY Growth
2-Bed Rent
$2,800
19.0% YoY Growth
3-Bed Rent
$3,550
12.0% YoY Growth

Other Zip Codes in Santa Ana, CA

92703927079270192704
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Santa Ana, CA

As of May '26, the median home price in Santa Ana, CA is $1,044,000, with a year-over-year change of 0.9%. This indicates that home prices in Santa Ana, CA are flat. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$1,044,0000.9%
Single Family $1,064,0001.5%
Condos $509,0000.8%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $441,000
    1.4%
    2 Bed
    		$843,0001.6%
    3 Bed
    		$1,037,0001.6%
    4 Bed
    		$1,154,0001.4%
    5 Bed $1,444,3492.9%
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    % of Housing Stock

    Studio
    5.4%
    1 Bedroom
    17.1%
    2 Bedrooms
    26.8%
    3 Bedrooms
    33.5%
    4 Bedrooms
    14.8%
    5+ Bedrooms
    2.4%

    Rental Trends — Santa Ana, CA

    As of July '25, Rentcast reports the average rent in Santa Ana, CA is $2,840, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Santa Ana, CA is studios: $1,820, 1-bedrooms: $2,090, 2-bedrooms: $2,680, 3-bedrooms: $3,960, 4-bedrooms: $5,710. The most common rental property sizes in Santa Ana, CA are 2-bedroom and 1-bedroom, accounting for 39.6% and 33.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,700$2,840
    Studio Rent $1,750$1,820
    1 Bed Rent $1,950$2,090
    2 Bed Rent $2,800$2,680
    3 Bed Rent $3,550$3,960
    4 Bed Rent $4,480$5,710
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    % of Rental Stock

    Studio
    9.4%
    1 Bedroom
    33.4%
    2 Bedrooms
    39.6%
    3 Bedrooms
    14.4%
    4 Bedrooms
    3.2%

    Property Listings — Santa Ana, CA

    As of May '26, Realtor.com reports that the median days on market for a home in Santa Ana, CA is 44. This is a increase of 8.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$1,150,0007.0%
    Listing Count
    		282.0%
    Listings as % of Homes0.2%2.0%
    Days on Market
    		448.0%
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    Demographics — Santa Ana, CA

    As of the latest ACS Survey released in 2023, Santa Ana, CA has a population of 37,200, which has increased by 6.0% over the past 5 years. Santa Ana, CA is a moderately popular place for families, as children make up 23.1% of the population. The area has a poorly educated workforce, with 22.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		37,2006.0%
    % Under 18
    		23.1%-13.8%
    % Seniors
    		12.3%21.8%
    % WFH
    		9.7%148.7%
    % w/ College Degree
    		22.8%11.8%
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    As of the latest ACS Survey released in 2023, Santa Ana, CA is a predominantly hispanic area, with 71.4% of the population identifying as hispanic. The hispanic population has grown by 1.0% in the last 5 years. The second most common race or ethnicity in Santa Ana, CA is white, making up 17.5% of the population. Foreign-born residents account for 33.5% of the population in Santa Ana, CA, and this percentage has decreased by 13.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		17.5%7.4%
    % Black
    		1.0%-33.3%
    % Hispanic
    		71.4%1.0%
    % Asian
    		8.4%-18.4%
    % Foreign Born
    		33.5%-13.0%
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    Mortgage and Risk — Santa Ana, CA

    According to HUD data as of 2023, there were 183 mortgage originations in Santa Ana, CA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 40.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Santa Ana, CA. Investor activity is low, as 1.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		183
    % Conventional Loans
    		93.0%
    % Government Loans
    		7.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		20.0%
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    Rentals and Section 8 — Santa Ana, CA

    As of 2024, the percent of homes in Santa Ana, CA under the Section 8 program is 8.9%. 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 units appear to be good home sizes to consider for Section 8 housing in Santa Ana, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		452
    Total Units Section 8
    		452
    % Rentals under Section 8
    		8.9%
    % Occupied Section 8
    		89.1%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$160$1,950$2,110
    2 Bedroom-$290$2,800$2,510
    3 Bedroom-$150$3,550$3,400
    4 Bedroom-$450$4,480$4,030

    Affordability — Santa Ana, CA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio9.4
    Median Home Price$1,044,000
    Median Household Income$96,400

    Santa Ana, CA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Orange, CA

    92868

    Santa Ana, CA

    92701

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    92703

    Orange, CA

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    Garden Grove, CA

    92843

    Frequently Asked Questions