The story of this market
The typical home in ZIP 92705 sells for about $1,814,590, or $695 per square foot.
Prices are up +20.6% from a year ago, so sellers still have some momentum. Homes take about 31 days to sell. HUD's fair market rent for a two-bedroom is $2,315 a month.
ZIP 92705 — Santa Ana
The 92705 housing market is currently very competitive, characterized by a significant year-over-year price increase and low inventory levels. High demand from buyers seeking access to top-rated schools and central Orange County locations continues to drive price appreciation despite broader economic headwinds.
This ZIP is ideal for established families and professionals seeking a central Orange County location with access to high-performing schools and major employment hubs.
Median prices moved up 20.6% year over year.
Homes spend a median of 31 days on market with 3.1 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.9% · poverty 10.5% — 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 9.2%/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 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 92705, Orange County CA
The area is served by the Tustin Unified School District, which generally maintains high performance ratings and strong academic reputations within Orange County.
The region faces standard California wildfire and seismic risks, with insurance premiums trending upward due to broader state-level market volatility.
The area benefits from proximity to major employment hubs in Irvine and Santa Ana, with steady demand driven by its central location in Orange County.
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 central access to the I-5 and SR-55 freeways, providing efficient transit to major employment centers in Irvine and the broader Orange County metro area.
The area features proximity to Peters Canyon Regional Park and various local community parks, with extensive shopping and dining options available along the Tustin and Santa Ana corridors.
The rental market is characterized by high demand and low vacancy rates, with limited inventory driving consistent rent growth for both single-family and multi-family units.
The local economy is anchored by professional services, healthcare, and technology sectors, with significant employment concentration in the nearby Irvine business district.
The area is well-connected via the I-5 and SR-55 corridors, with access to Metrolink commuter rail services in neighboring Tustin and Santa Ana.
Ongoing redevelopment of the Tustin Legacy site continues to add residential and commercial capacity to the immediate area.
The Orange County Assessor manages property valuations, adhering to Proposition 13 guidelines for annual assessment increases.
Parcels are subject to Tustin Unified School District levies and various municipal utility and flood control district assessments.
Property insurance availability is stable but subject to rising premiums due to regional wildfire risk assessments.
Data retrieved from Census Reporter and US Census Bureau ZCTA tables.
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 Park4.68.4 mi
- Knott's Berry Farm4.613.6 mi
- Disney California Adventure Park4.78.3 mi
- Great Wolf Lodge | Southern California4.47.4 mi
- Disneyland Resort4.78.6 mi
- Angel Stadium4.66.2 mi
- Anaheim Convention Center4.58.2 mi
- Honda Center4.66.2 mi
- The Source OC4.214 mi
- OC Fair & Event Center4.48.8 mi
- Disneyland Park4.68.4 mi
- Downtown Disney District4.68.6 mi
- Disney California Adventure Park4.78.3 mi
- Honda Center4.66.2 mi
- Great Wolf Lodge | Southern California4.47.4 mi
- Great Park4.66.2 mi
- Irvine Regional Park4.83.5 mi
- Crystal Cove State Park4.812 mi
- Santa Ana Zoo4.13.1 mi
- Mile Square Regional Park4.78.8 mi
- Pelican Hill Golf Club4.612 mi
- Costa Mesa Country Club3.910 mi
- Strawberry Farms Golf Club4.57.2 mi
- Anaheim Hills Golf Club4.26.2 mi
- Tustin Ranch Golf Club4.11 mi
- South Coast Plaza4.67.1 mi
- The Outlets at Orange4.46.3 mi
- Downtown Disney District4.68.6 mi
- Brea Mall4.512.5 mi
- Fashion Island4.610.7 mi
- John Wayne Airport4.67.1 mi
- Ontario International Airport4.523.6 mi
- Long Beach Airport4.621.2 mi
- Chino Airport4.717.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large regional park offering extensive hiking and biking trails.
Major regional shopping and dining destination serving the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.