With a close proximity to the California coast and a well-developed business community, the city of Santa Ana has become a popular place to live with a thriving local economy. The city is the second most populous city in Orange County and ranks 57th in the nation.
The 2010 U.S. Census reported Santa Ana was home to 324,528 residents and is the fourth most densely populated city with around 11,793 people per square mile. The population decreased 4 percent between 2000 and 2010 while the overall population of the state increased 10 percent.
The data shows there were 77,796 total housing units in 2010 and 47.5 percent were occupied by homeowners while 52.5 percent were renter-occupied. The median value of owner-occupied units was $417,400, just under the statewide median of $458,000. Homes in Santa Ana are available at competitive prices compared to homes for sale in Los Angeles and other cities in Southern California.
The inventory of homes for sale in Los Angeles could increase in the near future, as builders are more confident in the single-family home market.