Is Santa Cruz, CA 95062 a buyer’s or seller’s market?
Santa Cruz is a seller’s market. With about 1.5 months of supply and 37% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 89% of U.S. ZIP codes, and #130 of 1069 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Santa Cruz housing market right now
In the three months ending August 31, 2026, 37% of homes in Santa Cruz, CA 95062 sold above their list price, the typical home went under contract in 16 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 83 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 21%, homes sold faster (31 days then) and the median sale price fell 9% to $1,374,405. Overall, Santa Cruz is more competitive than a year ago, so tougher for buyers.
Within Santa Cruz County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Santa Cruz ranks #130 of 1,069 CA ZIP codes with enough sales (score 84 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.
Run the numbers for 95062
Nearby markets
Aptos 95003Seller’s market $764 /sq ftBen Lomond 95005Seller’s market $570 /sq ftBoulder Creek 95006Seller’s market $521 /sq ftBrookdale 95007 — /sq ft Browse all markets →Towns like Santa Cruz nearby
Find towns like Santa Cruz in other states →Where Santa Cruz is
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Questions about Santa Cruz real estate
Is Santa Cruz a buyer’s or seller’s market?
A seller’s market: there were 1.5 months of supply in Santa Cruz, CA 95062 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Santa Cruz?
The typical home went under contract in 16 days in the latest three months.
Do homes in Santa Cruz sell over asking?
37% of homes sold above their original list price, and the typical sale closed at 101.4% of the list price.
What are property taxes in Santa Cruz?
About 1.15% of a home’s value a year in Santa Cruz County, or roughly $4,600 on a $400,000 home.
What is the median home price in Santa Cruz?
The median sale price was $1,374,405 in the three months ending August 31, 2026, about $904 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology