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


Santa Ana Housing Market Information

With a population of 335,400, 74,437 total housing units (homes and apartments), and a median house value of $428,042, 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 45.23% of the city's housing units. Other types of housing that are prevalent in Santa Ana include large apartment complexes or high rise apartments ( 33.18%), duplexes, homes converted to apartments or other small apartment buildings ( 9.76%), and a few row houses and other attached homes ( 6.52%).

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 47.66% of the city's housing hails from this era. Other housing ages represented in Santa Ana include homes built between 1970-1999 ( 41.74%) and housing constructed before 1939 ( 7.08%). There's also some housing in Santa Ana built between 2000 and later ( 3.53%).

Santa Ana Home Appreciation Rates

Homes have actually lost value in Santa Ana over the last then years, as home values have seen a decline of 18.79% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Santa Ana home appreciation rates at 1.34%, which equates to an annual appreciation rate of 5.46%.

NeighborhoodScout's data show that during the latest twelve months, Santa Ana's appreciation rate, at 5.49%, has been at or slightly above the national average. In the latest quarter, Santa Ana's appreciation rate has been 1.34%, which annualizes to a rate of 5.46%.

Relative to California, our data show that Santa Ana's latest annual appreciation rate is lower than 70% 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:
$428,042

Santa Ana, CA HOME PRICES

Value Range
> $1,350,000 1.2
$1,013,001 - $1,350,000 1.8
$675,001 - $1,013,000 10.8
$540,001 - $675,000 16.0
$405,001 - $540,000 27.2
$270,001 - $405,000 19.0
$135,001 - $270,000 12.7
$67,001 - $135,000 3.9
$0 - $67,000 7.4

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
8.43239444867366 48.3487450462351

Number Of Homes And Apartments:
74,437

Rent & Ownership

 

Average Market Rent:
$1,713 / per month

Homeownership Rate

Homeownership
Owners 44.77
Renters 55.23
Vacant 3.52

Housing Market Details

 

Age of Homes

AGE OF Santa Ana HOMES
2000 or Newer 3.5
1970 - 1999 41.7
1940 - 1969 47.7
1939 or Older 7.1

Types of Homes

TYPE OF Santa Ana HOMES
Single-Family 45.2
Townhomes 6.5
Small Apt. Buildings 9.8
Apt. Complexes 33.2
Mobile Homes 5.3
Other 0.1

Home Size

SIZE OF Santa Ana HOMES
No Bedroom 4.15
1 Bedroom 18.99
2 Bedrooms 31.21
3 Bedrooms 28.23
4 Bedrooms 13.69
5 or more bedrooms 3.73

Santa Ana Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
122.06% 4.80% 9 10
* 10 is highest