Santa Ana, CA home values, income, and owner costs

Start with the dated local finding: In Santa Ana, CA, the 2024 ACS reports a median owner-occupied home value of $713,000, median household income of $93,999, and median selected monthly owner costs of $2,602 for owners with a mortgage. Together, those three reference points can help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $2,602 measure combines recurring ownership expenses in place of real estate taxes alone. For borrower planning, a useful affordability review starts with $713,000, $93,999, and $2,602, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.

Santa Ana, CA's $713,000 median home-value estimate is below the statewide $734,700 estimate, with a reported city-to-state gap of 3.0%. That 3.0% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Santa Ana, CA. It does not mean every local property is 3.0% away from a comparable property elsewhere in the state, because the medians reflect different housing mixes and geographies. For borrower planning, a borrower can apply $713,000 and $734,700 to decide which assumptions need local replacement first, then compare actual properties and current financing disclosures on the same basis.