Santa Ana, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Santa Ana Neighborhoods Since 2000




Santa Ana, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Santa Ana Housing Market Information

With 335,400 people, 74,757 houses or apartments, and a median cost of homes of $465,348, real estate costs in Santa Ana are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Santa Ana, accounting for 45.63% of the city's housing units. Other types of housing that are prevalent in Santa Ana include large apartment complexes or high rise apartments ( 32.70%), duplexes, homes converted to apartments or other small apartment buildings ( 10.00%), and a few row houses and other attached homes ( 6.26%).

People in Santa Ana primarily live in small (one, two or no bedroom) single-family detached homes. Santa Ana has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Santa Ana's housing was primarily built during this period, from the '40s through the '60s. A full 47.19% of the city's housing hails from this era. Other housing ages represented in Santa Ana include homes built between 1970-1999 ( 41.83%) and housing constructed before 1939 ( 7.55%). There's also some housing in Santa Ana built between 2000 and later ( 3.43%).

Santa Ana Home Appreciation Rates

Santa Ana's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Santa Ana during the period has been just -1.40%, which is lower than 80% of US communities.

Appreciation rates are so strong in Santa Ana that despite a nationwide downturn in the housing market, Santa Ana real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Santa Ana appreciation rates continue to be some of the highest in America, at 8.46%, which is higher than appreciation rates in 88.74% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Santa Ana. Santa Ana appreciation rates in the latest quarter were at 1.99%, which equates to an annual appreciation rate of 8.20%.

Importantly, this makes Santa Ana one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to California, our data show that Santa Ana's latest annual appreciation rate is higher than 60% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Santa Ana differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Santa Ana - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Santa Ana real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$465,348

Santa Ana, CA HOME PRICES

Value Range
> $1,324,000 1.1
$993,001 - $1,324,000 1.8
$662,001 - $993,000 13.3
$530,001 - $662,000 19.8
$397,001 - $530,000 26.8
$265,001 - $397,000 16.5
$132,001 - $265,000 10.0
$66,001 - $132,000 3.8
$0 - $66,000 6.9

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
6.92605179889839 44.1798941798942

Number Of Homes And Apartments:
74,757

Santa Ana Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
133.19% 5.03% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,812 / per month

Homeownership Rate

Homeownership
Owners 44.48
Renters 55.52
Vacant 3.15

Housing Market Details

 

Age of Homes

AGE OF Santa Ana HOMES
2000 or Newer 3.4
1970 - 1999 41.8
1940 - 1969 47.2
1939 or Older 7.5

Types of Homes

TYPE OF Santa Ana HOMES
Single-Family 45.6
Townhomes 6.3
Small Apt. Buildings 10.0
Apt. Complexes 32.7
Mobile Homes 5.4
Other 0.0

Home Size

SIZE OF Santa Ana HOMES
No Bedroom 4.47
1 Bedroom 18.65
2 Bedrooms 31.44
3 Bedrooms 27.73
4 Bedrooms 14.09
5 or more bedrooms 3.61