The story of this market
The typical home in ZIP 92703 sells for about $899,000, or $650 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $2,008 a month.
ZIP 92703 — Santa Ana
The 92703 real estate market is currently balanced, characterized by steady demand and limited inventory. While price growth has moderated compared to previous years, the area remains an attractive option for buyers due to its relative affordability within Orange County. Market activity is driven by consistent interest from first-time buyers and investors looking for long-term value.
This ZIP is well-suited for first-time homebuyers, working professionals, and families seeking central access to Orange County employment hubs. It offers a more accessible entry point into the regional housing market compared to neighboring coastal cities.
Median prices moved up 2.1% year over year.
Homes spend a median of 32 days on market with 2.8 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.6% · poverty 11.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 92703, Orange County CA
Crime rates in Santa Ana are generally higher than the national average, with property crime being the most frequently reported issue. Local law enforcement continues to focus on community-based policing to address regional trends.
Schools serving the 92703 area are primarily part of the Santa Ana Unified School District, which offers a mix of public educational options with varying performance ratings. Many families supplement local public schooling with specialized magnet or charter programs available within the district.
The area faces moderate risks related to urban heat and potential seismic activity common to Southern California. Flood risk is generally low, though localized drainage issues can occur during heavy seasonal rains.
Economic momentum is driven by the proximity to major Orange County employment hubs and ongoing revitalization efforts in downtown Santa Ana. Infrastructure improvements are focused on transit connectivity and mixed-use residential development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Residents benefit from proximity to the I-5 and SR-55 freeways, providing access to major employment centers in Irvine and Orange. Public transit options include local bus routes and proximity to the Santa Ana Regional Transportation Center.
The area features several local parks and community centers, with easy access to the Santa Ana Zoo and the historic downtown shopping and dining district. Nearby regional trails provide outdoor recreation opportunities within a short drive.
The rental market is characterized by high demand and low vacancy rates, driven by the area's central location and affordability relative to coastal Orange County. Investor interest remains steady, particularly for multi-family properties.
The local economy is anchored by healthcare, education, and government services, with significant employment provided by the County of Orange and local school districts. The area also benefits from a diverse mix of small businesses and retail centers.
The area is served by a network of major freeways and arterial roads, with ongoing investments in bus rapid transit and rail connectivity. Commute times are typical for the dense urban environment of Orange County.
Development is focused on infill projects and the conversion of older commercial sites into modern residential or mixed-use spaces. City planning emphasizes transit-oriented growth to support the expanding population.
Parcels are subject to Santa Ana Unified School District taxes and various municipal utility and flood control district assessments.
Property insurance premiums are influenced by regional wildfire and seismic risk factors, with most properties requiring standard coverage plus optional earthquake riders.
Data retrieved from US Census Bureau and California Demographics by Cubit.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Disneyland Park4.64.1 mi
- Knott's Berry Farm4.67.9 mi
- Disney California Adventure Park4.73.7 mi
- Great Wolf Lodge | Southern California4.41.9 mi
- Disneyland Resort4.74 mi
- Angel Stadium4.63.9 mi
- Anaheim Convention Center4.53.3 mi
- Honda Center4.64.5 mi
- The Source OC4.28.7 mi
- OC Fair & Event Center4.46.1 mi
- Disneyland Park4.64.1 mi
- Knott's Berry Farm4.67.9 mi
- Downtown Disney District4.64 mi
- Disney California Adventure Park4.73.7 mi
- Honda Center4.64.5 mi
- The Queen Mary4.415.6 mi
- Discovery Cube Orange County4.43.2 mi
- Richard Nixon Presidential Library & Museum4.811.1 mi
- UC Irvine Langson Orange County Museum of Art | Costa Mesa4.44.7 mi
- Bowers Museum4.73 mi
- Great Park4.611.5 mi
- Irvine Regional Park4.89.8 mi
- Santa Ana Zoo4.14.4 mi
- Mile Square Regional Park4.72.6 mi
- Rosie's Dog Beach4.712.7 mi
- Pelican Hill Golf Club4.612.4 mi
- Costa Mesa Country Club3.95.9 mi
- Coyote Hills Golf Course4.410.1 mi
- Strawberry Farms Golf Club4.510.1 mi
- Anaheim Hills Golf Club4.210.8 mi
- South Coast Plaza4.64.6 mi
- The Outlets at Orange4.42.6 mi
- Downtown Disney District4.64 mi
- Brea Mall4.511.4 mi
- Fashion Island4.69.7 mi
- Los Angeles International Airport3.930.7 mi
- John Wayne Airport4.66.1 mi
- Ontario International Airport4.527.9 mi
- Long Beach Airport4.614 mi
- Chino Airport4.722.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A popular local zoo featuring a variety of animals and educational programs.
Historic district known for its diverse culinary scene, arts, and cultural events.
Large community park offering green space, trails, and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.