Is Santa Ana, CA 92701 a buyer’s or seller’s market?

The Santa Ana housing market right now

In the three months ending August 31, 2026, 27% of homes in Santa Ana, CA 92701 sold above their list price, the typical home went under contract in 47 days and there were 6.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 31 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 17%, homes sold faster (56 days then) and the median sale price rose 17% to $501,283. Overall, Santa Ana is more competitive than a year ago, so tougher for buyers.

Within Orange County, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell less often over asking than in 66%. On our competition score, Santa Ana ranks #837 of 1,069 CA ZIP codes with enough sales (score 46 out of 100).

Nearby, buyers who want less competition could look at Silverado 92676 (0% sold over asking) or Irvine 92612 (4% sold over asking), while Surfside 90743 (100% sold over asking) and Brea 92823 (71% sold over asking) are even more competitive.