Santa Ana, CA—92707
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Santa Ana, CA
As of Oct '25, the median home price in Santa Ana, CA is $805,000, with a year-over-year change of -0.2%. This indicates that home prices in Santa Ana, CA are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $805,000 | -0.2% |
| Single Family | $842,000 | -1.2% |
| Condos | $495,000 | -3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $393,000 | -3.9% |
2 Bed | $707,000 | 1.4% |
3 Bed | $815,000 | -0.9% |
4 Bed | $943,000 | -1.0% |
| 5 Bed | $1,019,000 | -2.1% |
% of Housing Stock
Rental Trends — Santa Ana, CA
As of July '25, Rentcast reports the average rent in Santa Ana, CA is $2,870, with a year-over-year rent change of -19.8%. Per bedroom, the median rent as of July '25 in Santa Ana, CA is studios: $2,120, 1-bedrooms: $2,470, 2-bedrooms: $3,170, 3-bedrooms: $3,780, 4-bedrooms: $4,250. The most common rental property sizes in Santa Ana, CA are 2-bedroom and 3-bedroom, accounting for 46.8% and 22.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,660 | $2,870 |
| Studio Rent | $1,780 | $2,120 |
| 1 Bed Rent | $2,420 | $2,470 |
| 2 Bed Rent | $3,210 | $3,170 |
| 3 Bed Rent | $3,990 | $3,780 |
| 4 Bed Rent | $3,800 | $4,250 |
% of Rental Stock
Property Listings — Santa Ana, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Santa Ana, CA is 38. This is a increase of 41.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $791,000 | 26.0% |
Listing Count | 50 | 31.0% |
| Listings as % of Homes | 0.2% | 31.0% |
Days on Market | 38 | 41.0% |
Demographics — Santa Ana, CA
As of the latest ACS Survey released in 2023, Santa Ana, CA has a population of 59,200, which has decreased by -3.0% over the past 5 years. Santa Ana, CA is a moderately popular place for families, as children make up 22.7% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 59,200 | -3.0% |
% Under 18 | 22.7% | -9.2% |
% Seniors | 10.7% | 35.4% |
% WFH | 8.8% | 363.2% |
% w/ College Degree | 16.8% | 18.3% |
As of the latest ACS Survey released in 2023, Santa Ana, CA is a predominantly hispanic area, with 82.8% of the population identifying as hispanic. The hispanic population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Santa Ana, CA is asian, making up 8.3% of the population. Foreign-born residents account for 38.6% of the population in Santa Ana, CA, and this percentage has decreased by 8.1% 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 | 6.6% | -31.2% |
% Black | 0.9% | -18.2% |
% Hispanic | 82.8% | 2.0% |
% Asian | 8.3% | 25.8% |
% Foreign Born | 38.6% | -8.1% |
Mortgage and Risk — Santa Ana, CA
According to HUD data as of 2023, there were 253 mortgage originations in Santa Ana, CA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Santa Ana, CA. Investor activity is low, as 3.0% of loans were by investors. 24.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 253 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 24.0% |
Loan Activity
Rentals and Section 8 — Santa Ana, CA
As of 2024, the percent of homes in Santa Ana, CA under the Section 8 program is 1.2%. 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. 4-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 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 94 |
Total Units Section 8 | 94 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$280 | $2,420 | $2,140 |
| 2 Bedroom | -$680 | $3,210 | $2,530 |
| 3 Bedroom | -$570 | $3,990 | $3,420 |
| 4 Bedroom | $290 | $3,800 | $4,090 |
Affordability — Santa Ana, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.2 |
| Median Home Price | $805,000 |
| Median Household Income | $99,500 |