92701, Santa Ana, CA

The Santa Ana zip code of 92701 has a population of over 213,000 people and a median home value of $269,000. Home equity in this zip code is very high, with over 60% of households having at least some equity in their homes. This high level of home equity is likely due to the strong economy and low interest rates, which have helped to increase the value of homes in this area.

Home prices in Santa Ana have been increasing steadily for the past few years. The average home price in the zip code was $269,000 as of September 2017, up from $248,500 as of September 2016. Over the past three years, the average home price has increased by almost 20%. In addition to rising prices, there has been an increase in demand for housing in Santa Ana due to its favorable economic conditions. As a result, there are currently several active listings on the market that are priced above $300,000.

Despite these positive trends, there are still some areas within Santa Ana where prices are lower than average. Specifically, neighborhoods near the city center tend to have lower prices than those located further away from downtown. Additionally, areas that were affected by the 2007-08 recession (such as East Anaheim) tend to have lower home values than those that were not impacted (such as Garden Grove). Despite these variations in prices across neighborhoods within Santa Ana, overall homeownership rates remain high – over 60% of households own their homes outright or have some form of mortgage on them.