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As of September 2025, the average house price in Santa Ana ranges between $765,000 and $880,000, with significant variations depending on property type and neighborhood location.
Santa Ana's real estate market offers diverse opportunities from affordable condos starting around $310,000 to luxury single-family homes exceeding $2 million. The market has shown steady growth over the past five years with approximately 38-52% appreciation, though recent trends indicate a cooling period with modest year-over-year gains.
If you want to go deeper, you can check our pack of documents related to the real estate market in Costa Rica, based on reliable facts and data, not opinions or rumors.
Santa Ana's median home price currently sits at $819,500, with condos averaging $500,000-$650,000 and single-family homes ranging from $750,000-$1,200,000.
The most expensive neighborhoods include Floral Park ($900,000 median) and Meredith Parkwood ($875,000), while budget-friendly areas like Artesia Pilar and Willard offer more affordable entry points.
| Property Type | Price Range | Median Price |
|---|---|---|
| Condos | $310,000 - $850,000 | $500,000 - $650,000 |
| Townhouses | $399,000 - $1,160,000 | $620,000 |
| Single-Family Homes | $750,000 - $2,000,000+ | $750,000 - $1,200,000 |
| Overall Market | $310,000 - $2,000,000+ | $819,500 |
What's the current average house price in Santa Ana?
The current average house price in Santa Ana ranges between $765,000 and $880,000 as of September 2025.
The median listing price stands at $819,500 according to July 2025 data, while the Zillow Home Value Index shows $851,184 with a 1.1% year-over-year increase. Recent closing prices in June 2025 reached a median of $895,000, representing a 7.8% increase compared to the previous year.
These price variations reflect different data sources and methodologies, but all point to a market where most properties sell between $765,000 and $880,000. The higher closing prices compared to listing prices indicate that competitive bidding still occurs in desirable neighborhoods, though the market has cooled from its peak activity levels.
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How do prices break down by property type?
Condos in Santa Ana range from $310,000 to $850,000, with typical median prices between $500,000 and $650,000 depending on size and location.
Townhouses command median prices around $620,000, with a broader range spanning from $399,000 for entry-level units to $1,160,000 for premium properties in desirable neighborhoods. These properties offer a middle ground between condos and single-family homes in terms of both price and living space.
Single-family homes represent the upper tier of the market, with median prices clustering between $750,000 and $1,200,000. High-end listings regularly exceed $2,000,000, particularly in prestigious neighborhoods like Floral Park and West Floral Park. The wide price range reflects significant variations in lot size, home age, architectural style, and neighborhood desirability.
Property type significantly impacts not just purchase price but also ongoing costs, with condos typically including HOA fees while single-family homes offer more privacy and potential for customization.
Which neighborhoods are the most expensive and which are budget-friendly?
Floral Park ranks as Santa Ana's most expensive neighborhood with a median price of $900,000, followed closely by Meredith Parkwood at $875,000 and West Floral Park at $850,000.
These upscale areas feature historic homes, established tree-lined streets, and proximity to quality schools and amenities. Floral Park particularly attracts families seeking character homes with larger lots, while Meredith Parkwood offers gated community living with modern amenities.
Budget-friendly neighborhoods include Artesia Pilar, Willard, MacArthur Village Condos, and Riverview, which offer the most affordable options for entry-level buyers and renters. Cabrillo Park ($740,000 median) and Heninger Park ($790,000 median) provide middle-ground options for families seeking more affordable single-family homes.
Up-and-coming areas like Downtown Santa Ana present interesting opportunities, with condos averaging $355,000 and homes around $750,000. This area benefits from urban revitalization efforts and attracts young professionals seeking walkable lifestyles.
How do prices compare across different areas within Santa Ana?
| Neighborhood | Median Price | Character |
|---|---|---|
| Floral Park | $900,000 | Historic, family-oriented, premium |
| Meredith Parkwood | $875,000 | Upscale, gated community |
| West Floral Park | $850,000 | Affluent, classic architecture |
| Park Santiago | $820,000 | Desirable, mid-century homes |
| Fisher Park | $800,000 | Central location, historic |
| Heninger Park | $790,000 | Affordable, urban-mixed |
| French Park | $780,000 | Central, historic value |
| Downtown Santa Ana | $355,000 (condos) / $750,000 (homes) | Up-and-coming, urban lifestyle |
| Cabrillo Park | $740,000 | Budget-friendly, family-oriented |
What's the average price per square foot in Santa Ana?
The overall average price per square foot in Santa Ana ranges from $600 to $620 for homes as of September 2025.
Mid-City areas specifically average $619 per square foot, representing some of the highest values in the city due to central location and convenience. Condos and townhouses typically range from $450 to $700 per square foot, often achieving lower per-square-foot prices than single-family homes due to shared walls and smaller lot sizes.
Neighborhood variations significantly impact price per square foot calculations. Premium areas like Floral Park and West Floral Park command higher per-square-foot prices due to lot size, home quality, and location desirability. Entry-level areas and properties with larger square footage typically achieve lower per-square-foot pricing.
Understanding price per square foot helps buyers compare properties of different sizes and evaluate whether a property offers good value relative to the neighborhood market.
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What are some example purchase prices for typical properties right now?
A 2-bedroom, 1-bathroom condo with 773 square feet in West Santa Ana currently lists for $465,000, representing an entry-level option for first-time buyers.
Mid-range options include a 2-bedroom, 1.5-bathroom condo with 980 square feet in central areas for $550,000, and a 3-bedroom, 2.5-bathroom townhouse with 1,250 square feet for $714,000. These properties appeal to growing families or professionals seeking more space.
Higher-end single-family homes include a 4-bedroom, 2.5-bathroom property with 1,900 square feet in West Santa Ana for $1,245,000, and a luxury 5-bedroom, 5-bathroom home with 2,800 square feet for $1,389,000. These properties target affluent buyers seeking premium neighborhoods and larger living spaces.
These examples demonstrate the wide price spectrum available in Santa Ana, accommodating various budgets and lifestyle preferences from urban condos to suburban family homes.
What's the total cost of buying, including fees and taxes?
Buyer closing costs typically range from 2% to 5% of the purchase price, covering escrow, lender fees, insurance, appraisal, recording, taxes, and inspection costs.
For a median-priced $850,000 home, buyers should budget $17,000 to $42,500 for closing costs. These expenses include loan origination fees, title insurance, property inspection, homeowner's insurance, and initial property tax payments. First-time buyers may find additional programs to help offset some of these costs.
Sellers face closing costs of 6% to 10% of the sale price, primarily driven by real estate commissions averaging 5-6% of the sale price. Additional seller costs include transfer taxes, HOA fees, title insurance, and any necessary repairs or staging expenses.
Property taxes in Santa Ana average about 1.1% of assessed value plus special assessments, translating to approximately $9,350 annually for an $850,000 home. These ongoing costs should factor into long-term affordability calculations for potential buyers.
What does the average monthly mortgage payment look like?
For an $850,000 home with a 20% down payment and 30-year fixed mortgage at 6.7% interest, the monthly principal and interest payment ranges from $4,400 to $4,600.
The total monthly housing payment increases to $5,400-$6,100 when including property taxes ($780 monthly) and homeowner's insurance ($200-$500 monthly). Private mortgage insurance adds another $300-$500 monthly for buyers putting down less than 20%.
These calculations assume current interest rates around 6.7%, though rates fluctuate based on market conditions and individual creditworthiness. Buyers should get pre-approved to understand their specific rate and monthly payment obligations.
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How have prices changed compared to five years ago and one year ago?
Over the past five years, Santa Ana property prices have appreciated 38% to 52%, representing annual growth of approximately 7.3% per year.
One-year price changes show more modest growth, ranging from flat to 7.8% increases depending on the data source and specific neighborhood. Some reports indicate tiny price dips in certain areas, reflecting the market's cooling from previous peak activity levels.
Specific neighborhoods have experienced varied appreciation rates, with some zip codes like 92707 showing 32% year-over-year increases, though these dramatic swings may reflect small sample sizes or unique property characteristics rather than broad market trends.
The cumulative 10-year appreciation rate reaches approximately 102%, demonstrating Santa Ana's strong long-term property value growth despite recent market moderation.
What's the forecast for prices in the next one, five, and ten years?
One-year forecasts predict modest appreciation of 1% to 3%, though prices may remain flat if interest rates stay elevated throughout 2026.
Five-year projections anticipate steady growth of 15% to 25% unless major economic downturns occur. This growth assumes continued job market strength, population growth, and reasonable interest rate levels supporting buyer demand.
Ten-year forecasts remain optimistic based on Santa Ana's historical outperformance compared to average California real estate markets. Significant capital appreciation appears possible if population and job growth continue, though external economic factors could influence these projections.
These forecasts assume continued economic stability, reasonable interest rates, and sustained population growth in the Santa Ana area. Market disruptions, economic recessions, or significant policy changes could alter these trajectories.
How does Santa Ana compare to other similar cities?
Santa Ana offers more affordable housing than premium Orange County cities like Irvine, Tustin, or South Coast areas, while remaining more expensive than Garden Grove, Orange, or Anaheim.
The city has demonstrated stronger price appreciation than 80% of other California cities over the past year, indicating robust market fundamentals and buyer demand. This performance suggests Santa Ana provides good value relative to comparable Southern California markets.
Location advantages include proximity to major employment centers, transportation access, and cultural amenities, while maintaining more reasonable pricing than nearby premium markets. The city offers urban conveniences with suburban neighborhood options.
For investors and homebuyers, Santa Ana represents a middle-ground option providing growth potential without the premium pricing of top-tier Orange County markets.
What are the smartest investment choices based on your goals?
**For Living There:**1. Park Santiago, Floral Park, or West Floral Park for families seeking charm and quality schools2. Artesia Pilar, Cabrillo Park, or Heninger Park for affordability without sacrificing safety3. Downtown Santa Ana for young professionals wanting walkable urban lifestyle4. Meredith Parkwood for those preferring gated community amenities5. French Park for buyers seeking historic character at moderate prices**For Short-Term Rentals:**1. Up-and-coming Downtown Santa Ana targeting business travelers and tourists2. Properties near South Coast Metro for proximity to business districts3. Modern condos appealing to visiting professionals4. Units with parking and modern amenities for convenience5. Properties near transportation hubs and entertainment districts**For Long-Term Rentals:**1. Multifamily properties in Artesia Pilar, Willard, or Riverview for stable returns2. Entry-level condos providing steady rental income with lower purchase prices3. Properties near schools and family amenities for long-term tenant stability4. Townhouses offering middle-ground rental rates and tenant appeal5. Properties in established neighborhoods with proven rental demand**For Resale/Flipping:**1. Fixer properties in transitional areas like French Park and Downtown2. Historic homes in Artesia Pilar requiring renovation but offering character3. Properties in up-and-coming neighborhoods with improvement potential4. Condos in buildings with deferred maintenance offering value-add opportunities5. Single-family homes in established areas needing cosmetic updatesIt's something we develop in our Costa Rica property pack.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Santa Ana offers diverse real estate opportunities with median prices around $819,500, appealing to various buyer segments from first-time purchasers to luxury home seekers.
The market shows signs of moderation after years of strong growth, creating opportunities for both investors and homebuyers to enter at more reasonable price levels while maintaining long-term appreciation potential.