Santa Cruz - CA housing market
The Santa Cruz metro has a typical home value of $1,158,423, up 2.2% from a year ago. Homes are moving fast at 19 days on market - a strong seller's market. 20% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($1,158,423) is the Zillow Home Value Index for the Santa Cruz - CA metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 2.2% over the past year. In Santa Cruz - CA, that means a home worth $1,133,486 last year is now worth roughly $1,158,423.
The median sale price , what homes actually close for , is $1,139,113. Homes are selling at 99.0% of list price, meaning buyers have room to negotiate.
Homes listed in Santa Cruz - CA sit on the market for roughly 19 days before going pending. Shorter = seller's market; longer = buyer's market.
About 20.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 194 new listings hit the market each month in Santa Cruz - CA. There are currently 502 homes for sale, down 11.2% from a year ago.
The typical monthly rent in Santa Cruz - CA is $3,504, up 2.0% year over year. For investors, the price-to-rent ratio here is roughly 28x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
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Other metros in CA
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Los Angeles - CA | $969,589 | +-0.0% | 19.0d |
| San Francisco - CA | $1,145,541 | -1.5% | 14.0d |
| Riverside - CA | $586,623 | -1.1% | 26.0d |
| San Diego - CA | $943,055 | -1.5% | 16.0d |
| Sacramento - CA | $581,956 | -1.8% | 12.0d |
| San Jose - CA | $1,627,300 | -1.6% | 12.0d |