The housing market in 92705 Santa Ana, CA is especially prosperous compared to the national average. The median value of homes in 92705 Santa Ana, CA is $1,209,400 compared to the US median value of $338,100. This means that home values here are 3.6 times higher than the national median. Additionally, house appreciation over the past year has been 8.27% nationwide while in 92705 Santa Ana, CA it was 13.91%, more than 5 percentage points higher than the US total. This is evidence that this area’s housing market remains strong and is a great investment for potential homeowners.
The median home cost in Santa Ana (zip 92705) is $1,209,400. Home appreciation the last 10 years has been 102.9%. Home Appreciation in Santa Ana (zip 92705) is up 11.6%.
Average Age of Homes
- The median age of Santa Ana (zip 92705) real estate is 48 years old
The Rental Market in Santa Ana (zip 92705)
- Renters make up 31.7% of the Santa Ana (zip 92705) population
- 1.3% of houses and apartments in Santa Ana (zip 92705), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.