Is Santa Cruz, CA 95060 a buyer’s or seller’s market?

The Santa Cruz housing market right now

In the three months ending August 31, 2026, 30% of homes in Santa Cruz, CA 95060 sold above their list price, the typical home went under contract in 17 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 76 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (29% then), homes sold about as fast and the median sale price fell 7% to $1,350,416. Overall, Santa Cruz is about as competitive as it was a year ago.

Within Santa Cruz County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in 58%. On our competition score, Santa Cruz ranks #325 of 1,069 CA ZIP codes with enough sales (score 71 out of 100).

Nearby, buyers who want less competition could look at Freedom 95019 (0% sold over asking) or Los Gatos 95033 (12% sold over asking), while Santa Cruz 95065 (47% sold over asking) and Felton 95018 (46% sold over asking) are even more competitive.