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  1. Topfind
  2. California
  3. Santa Ana
  4. 92704 Housing Market

92704 Housing Market

Median List Price

$822,000

Updated August 2026

Today, the 92704 ZIP code in Santa Ana, CA has 56 homes for sale at a median list price of $822,000, typically selling in about 47 days.

92704 Housing Market Overview

The median list price in the 92704 ZIP code is $822,000. Compared with Santa Ana overall, that is a 2.7% discount. Current inventory stands at 56 active listings.

Expect a median around $389,900 for one bedroom homes and $1.1M at the five bedroom end. February to July saw the median price go from $800,000 to $968,000, up about 21.0%.

92704 Area Market Pulse

Topfind Market Read

Balanced Market

The picture is mixed here. Sale prices are up 30% over the last six months and 18% over the past year, yet 41% of sellers have trimmed their asking price, and selling times have slowed 15% versus six months ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.

Buyer leverageBalancedSeller leverage

Median Home Price

$822K

↑ 18% over the past year

Chart shows the median closed sale price by month

$1M$871.5K$723.8K$576K
Sep 25
Dec 25
Mar 26
Jun 26

Months of Supply

Estimated time to sell all listings at the current sales pace

3.5 months of supply

Balanced Supply

56 active listings currently on the market.

Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
3.5
0369+

What this means for buyers

Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~47 days.

● Tight: strong demand● Balanced: steady pace● Ample: more choice

Sales Velocity

How fast homes are selling

Slower Pace
FastSlow0d15d30d45d60d75d90d46.5days on market

Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The slowdown has deepened 15% versus six months ago.

● <30d: Fast● 30-45d: Steady● 45d+: Slower

Inventory Distribution

Mixed Inventory

A solid share of current listings is under 30 days old, while a meaningful share has been up longer.

New
Active
Aging
Stale
30-day mark15 listings<7 days11 listings7-30 days15 listings30-60 days15 listings60+ days← Selling fastSitting longer →

About 46% of current listings are under 30 days old, while the rest have been up longer.

Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities

Housing Tenure in 92704 Area

Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.

HomeownersRenters

45%

Homeowners

55%

Renters

Homeownership is 10.5 points lower than the California average (55.5%)

Higher renter rates typically mean more rental inventory and neighborhood turnover.

79,691 households (2023)

Median Price by Bedroom

Home prices rise significantly with each additional bedroom.

1 Bed
$390K
2 Bed
$495K
3 Bed
$850K
4 Bed
$999K
5 Bed
$1.1M

Each additional bedroom adds about $178K in value on average, with larger homes seeing bigger price jumps.

Largest increase: 2 → 3 bedrooms (+$355K)

Price Reductions

High Activity
23

23 listings have reduced their price

41% of active listings

Average reduction: 5.9% (~$49K)

A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.

Browse 92704 Listings

Homes for Sale in 92704Homes for Rent in 92704Recently Sold Homes in 92704

Frequently Asked Questions about the 92704 Housing Market

What is the median home price in the 92704 ZIP code?

The median list price in the 92704 ZIP code is $822,000 as of August 2026, based on 56 active listings.

Is the 92704 ZIP code a buyer's market or a seller's market?

The 92704 ZIP code currently reads as a balanced market. Active inventory works out to about 3.5 months of supply at the recent sales pace.

How fast do homes sell in the 92704 ZIP code?

The average home currently for sale in the 92704 ZIP code has been on the market for 47 days.

Are home prices in the 92704 ZIP code going up or down?

The median sale price in the 92704 ZIP code is up about 17.9% compared with a year ago.

How many homes are for sale in the 92704 ZIP code?

There are 56 homes for sale in the 92704 ZIP code right now, including 5 listed within the last week.

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