Santa Cruz, CA Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Santa Cruz, CA offers balanced conditions for buyers.

  • •Prices are essentially flat (1.0% YoY) — good negotiating leverage for buyers.
  • •Price-to-rent ratio: 27.9 — renting may be more affordable in the near term.

Median Home Value

$1,122,723

ZHVI

Year-over-Year

+1%

Price change

5-Year Change

+22.9%

Since 2021

Median Rent

$3,359/mo

ZORI

Active Listings

412

For sale

State Avg

$765,036

California

Home Value Trends

5-year Zillow Home Value Index for Santa Cruz, CA vs. state and national averages.

Rent Data

Median Rent

$3,359/mo

Rent YoY Change

+1.2%

Rent vs. Buy Calculator

Other Markets in California

San Jose, CA$1,605,186San Francisco, CA$1,116,383Santa Maria, CA$975,740Los Angeles, CA$954,296San Diego, CA$928,459San Luis Obispo, CA$889,478
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.