Is Santa Ana, CA 92704 a buyer’s or seller’s market?

The Santa Ana housing market right now

In the three months ending August 31, 2026, 45% of homes in Santa Ana, CA 92704 sold above their list price, the typical home went under contract in 50 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 66 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 36%, homes sold faster (55 days then) and the median sale price held steady to $829,641. Overall, Santa Ana is more competitive than a year ago, so tougher for buyers.

Within Orange County, homes here sell more slowly than in 81% of the county’s ZIP codes, and sell more often over asking than in 77%. On our competition score, Santa Ana ranks #464 of 1,069 CA ZIP codes with enough sales (score 66 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.