January's First-Time Homebuyer Report for Santa Ana

Santa Ana is a larger than average city in California with 324,528 residents. Its population is shrinking slower than the rest of the state, at a 10-year growth rate of -3.3%. Its three largest zip codes are 92704, 92703, and 92707. It should be noted that 45.2% of the homes in Santa Ana are owned, while 50.0% are rentals. Topping the list of best schools in the city is Greenville Fundamental Elementary School.

Price Range

Santa Ana has some of the more expensive homes in the state with a median home value of $287,300 and a current average list price of $491,274. The homes with the highest value are in 92705, 92706, and 92704. Home sales in the Santa Ana market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 15.1% to 101 homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Santa Ana:

$899K   $434K   $449K  

Typical Dwelling

A three-bedroom detached home valued around $533,573 is considered a typical dwelling in Santa Ana. If a buyer was looking for a similar home, they would need good credit and a $106,715 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,011 and the property tax rate is $7.36 per $1,000 of taxable assessed value.

Get started right now by checking out Santa Ana homes for sale or reviewing Santa Ana real estate trends.


Data reported through 1/12/2017

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