92703, Santa Ana, CA

The Santa Ana zip code, 92703, has a population of over 1 million people and is located in Orange County, California. The median home value in the zip code is $539,000 and the median home equity is $187,000.

Home prices in Santa Ana have increased significantly over the past few years. In January of 2016, the median home value was $433,000 and by January of 2018 it had increased to $539,000. This represents an increase of almost 30%. The average monthly rent for a two-bedroom apartment in Santa Ana has also increased significantly over this time period. In January of 2016 it was $1,100 per month and by January of 2018 it had increased to $1,430 per month. This represents an increase of almost 50%.

There are several factors that have contributed to the increasing home prices in Santa Ana. One reason is that there are a lot of new development projects underway in the area which are likely contributing to the increase in demand for homes. Additionally, there has been an influx of families moving into Santa Ana from other parts of California as well as other parts of the United States which has also contributed to the increasing demand for homes. Finally, there has been a significant increase in wages across all sectors over this time period which has helped to drive up prices even further.