Home Values

92706 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$514,600

  • 4.5% 1-year change
  • 0.7% 1-year forecast

Market temperature 

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cold
Buyers' Market
Sellers' Market

The median home value in 92706 is $514,600. 92706 home values have gone up 4.5% over the past year and Zillow predicts they will rise 0.7% within the next year. The median rent price in 92706 is $1,400, which is lower than the Santa Ana median of $1,765.

Foreclosures will be a factor impacting home values in the next several years. In 92706 2.1 homes are foreclosed (per 10,000). This is lower than the Santa Ana value of 2.4 and also lower than the national value of 3.8

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 92706 homeowners underwater on their mortgage is 10.1%, which is lower than Santa Ana at 11.3%.

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Relative ZHVI
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92706 Market Overview

Data through Jun 30, 2015
  • $514,600 ZHVI
  • 0.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jun 30, 2016)
  • No data Median listing price
  • $508,615 Median sale price
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92706 Market Health

Data through Jun 30, 2015
  • 7.3/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 10.1% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

2 92706
2 Santa Ana
4 United States
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Nearby Zip Codes

Name Median ZHVI
92866 $559,800
92840 $441,700
92843 $441,200
Name Median ZHVI
92868 $433,500
92802 $431,500
92704 $395,100
Name Median ZHVI
92701 $378,700
92707 $377,500
92703 $375,400

Listings & Sales

Data through Jun 30, 2015
  • No recent data Median list price / sq ft
  • $352 Median sale price / sq ft
  • No data Listings with price cut
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92706 Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $2,526 92706
    $2,290 Santa Ana
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $1,400 Rent list price
  • No data Rent list price / sq ft
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