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Santa Ana real estate market overview
- Average Monthly Rent: $2,531
- Home Price/Value Percentage Change: -0.60%
- Median Home Value: $732,643
- Best Time To Sell a Home: August
- Affordability Index: Low
- Days To Sell a House: 56
- Job Market: Weak
- Public School Ranking: 40
Location and weather
Home of the famous Santa Ana winds, Santa Ana in in southern California and lies at the base of the Santa Ana Mountains on the Santa Ana River. The Santa Ana Mountains extends for 25 miles from the Santa Ana River. The mountains highest point is at Santiago Peak at an elevation of 5,687 feet.
Santa Ana has a beautiful temperate weather with a warm season that lasts from July through September with an average high temperature above 80 degrees and lows in the mid 60's. The cool season is from late November through March with an average daily high temperature below 70 degrees and average lows in the mid 40's.
Population, job market and cost of living
Santa Ana is still a big city with 305,937 residents with a decrease last year of -0.47%.
The job market has decreased by -9.6% over last year. Ten-year future job growth is predicted to be 31.74%. Santa Ana has a vibrant tourism business and so Accommodation & Food Service is a major employer. Other large business includes Manufacturing and Health Care & Social Assistance. First American Financial, Grubb & Ellis Company Inc, Abbott Medical Optics and Universal Electronics are also major companies in Santa Ana.
The cost of living is high due to Santa Ana real estate with a higher cost of housing. With a warm, temperate climate, big businesses for employment and an abundance of outdoor recreational activities with the mountains nearby, Santa Ana will continue to attract outdoor enthusiasts.
Santa Ana real estate market details
- Downtown Santa Ana
- Armstrong
- Cabrillo Park
- Pico-Lovell
- Central City
The average monthly rent in Santa Ana is $2,531 for an average apartment size of 861 sq. feet.
There has been a -0.6% decrease in median home value over the last year. As of 2023, the median home value is $732,643.
On average, homes in Santa Ana sell after 56 days on the market.
The best time to sell a home for the highest valued sale is during August. For the quickest sale, homeowners should sell in September.
The affordability index in Santa Ana is 145. This number indicates low affordability in this city.
The top ranked public schools are Ocsa High School, Middle College High School, Fairhaven Elementary School, Samueli Academy and Segerstrom High School. This information is based on data measuring academic performance and equity.