The housing market in Santa Cruz, CA is very competitive. The median sale price of a home in Santa Cruz, CA was $1.4M last month, an increase of 5.5% since last year. The median sale price per square foot in Santa Cruz, CA is $935, an increase of 3.5% since last year. In September 2024:
Median Sale Price
# of Homes Sold
Median Days on Market
Many homes receive multiple offers, with some buyers waiving contingencies. On average, homes sell for approximately the listing price and are pending within about 31 days. In-demand properties can sell for roughly 2% above the list price and go pending in around 17 days.
Where are people moving to Santa Cruz from? Nationwide, 3% of homebuyers looked to relocate to Santa Cruz from outside metropolitan areas. Among them, Honolulu homebuyers showed the most interest in moving to Santa Cruz, followed by those from New York and Pensacola.
Where are people from Santa Cruz moving to? 77% of homebuyers in Santa Cruz looked to remain within the Santa Cruz metropolitan area. The most sought-after destination for these buyers was Sacramento, followed by Los Angeles and San Diego.
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According to ERI, living in Santa Cruz is 84% above the national average and 32% higher than the typical city in California, based on a $72,000 yearly salary and a two-bedroom apartment.
Santa Cruz provides residents with a blend of urban and suburban vibes, with many people opting to rent their homes. The area boasts numerous bars, restaurants, coffee shops, and parks. It is home to many young professionals, and the community generally leans liberal. Additionally, Santa Cruz has well-regarded public schools.
In Santa Cruz, CA, the demographic breakdown is 57.9% White, 32.0% Hispanic, 4.3% Asian or Pacific Islander, 1.1% Black, and 4.7% classified as other or multiracial.
Santa Cruz is a top destination in California, attracting numerous tourists each year due to its beautiful location on Monterey Bay and its pleasant year-round climate. Additionally, it is a highly sought-after city for those looking to relocate in California.
Elite Daily has recognized Santa Cruz as the most walkable city in California.
In Santa Cruz, the likelihood of becoming a victim of property crime is one in 24, translating to a rate of 42 incidents per 1,000 residents. Notably, our analysis of FBI crime data indicates that Santa Cruz has one of the highest rates of motor vehicle theft in the country.
One of the most appealing reasons to retire in Santa Cruz County is its stunning natural landscapes and the wide range of outdoor activities offered.
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