Santa Ana’s housing market is experiencing notable shifts, reflecting broader regional trends and local developments. As of March 2026, the median home sale price stands at $803,000, marking a 3.0% decrease compared to the previous year. Homes are spending an average of 47 days on the market, slightly longer than the 40-day average from last year. The number of homes sold in March was 70, down from 82 in the same month last year. ([redfin.com](https://www.redfin.com/city/17650/CA/Santa-Ana/housing-market?utm_source=openai))
In the rental sector, the average rent in Santa Ana is $2,830 per month as of March 31, 2026, reflecting a 2.6% increase over the past year. This figure is notably higher than the national average rent of $1,910. ([zillow.com](https://www.zillow.com/home-values/97002/santa-ana-ca-92702/?utm_source=openai))
Several new housing developments are contributing to the city’s evolving landscape. The Archways Santa Ana project offers 85 units of affordable housing for individuals and families earning 30% to 60% of the area median income. This development includes a mix of one- to four-bedroom homes, with a significant portion dedicated to permanent supportive housing for those experiencing homelessness. ([communitydevpartners.com](https://www.communitydevpartners.com/communities/archways-santa-ana/?utm_source=openai))
Another significant project is Metro East, a mixed-use development providing 418 affordable housing units for seniors aged 62 and over. Located near Cabrillo Park, this six-story building offers studio, one-, and two-bedroom apartments, along with amenities designed to foster active lifestyles and community engagement. ([jamboreehousing.com](https://www.jamboreehousing.com/blogs/affordable-housing-developer-partner/metro-east-santa-ana-orange-county?utm_source=openai))
These developments, alongside current market trends, highlight Santa Ana’s commitment to addressing housing needs and providing diverse options for its residents. Whether you’re considering buying, renting, or investing, staying informed about these changes is essential in navigating the local real estate landscape.