Home Values in Santa Clarita, California — 2026 Market Report
Updated March 2026 | Seller's Market | +4% YoY
The median home value in Santa Clarita, California is $745,000 as of March 2026, which is above the national median of $400,000. Home values in Santa Clarita have increased by 4% over the past year and 21.7% over the last five years. With a population of 228,673 and a median household income of $98,825, the price-to-income ratio stands at 7.5x, making Santa Clarita affordable for the average household.
Santa Clarita Housing Market Conditions
| Metric | Santa Clarita | National Avg |
|---|---|---|
| Median Home Value | $745,000 | $400,000 |
| YoY Appreciation | +4% | +3.8% |
| 5-Year Appreciation | +21.7% | +22.4% |
| Price per Sq Ft | $510 | $222 |
| Days on Market | 56 days | 45 days |
| Months of Supply | 2.1 | 3.5 |
| List-to-Sale Ratio | 97.4% | 98.5% |
| Monthly Homes Sold | 143 | — |
| Foreclosure Rate | 0.2% | 0.3% |
Home Value Trends in Santa Clarita
A homeowner who purchased at the median price of $612,161 five years ago in Santa Clarita would have gained approximately $132,839 in equity, representing a 21.7% return on investment. Over the past year alone, the typical homeowner gained $28,654 in home equity.
Affordability in Santa Clarita, CA
With a median household income of $98,825 and a median home price of $745,000, the price-to-income ratio in Santa Clarita is 7.5x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $5,401 compared to estimated monthly ownership costs of $4,010 gives a rent-vs-buy ratio of 0.74. In Santa Clarita, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Santa Clarita
The effective property tax rate in California is 0.76%. On a home valued at $745,000, the estimated annual property tax bill is $5,662, or approximately $472/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Santa Clarita is 142.5 (100 = national average), indicating living costs are above the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Santa Clarita, CA?
The median home value in Santa Clarita, California is $745,000 as of March 2026. Home values have changed +4% over the past year, with a 5-year appreciation of 21.7%.
Is Santa Clarita a buyer's or seller's market?
Santa Clarita is currently a seller's market with 2.1 months of housing supply. Homes spend an average of 56 days on market, and the list-to-sale price ratio is 97.4%. Low inventory gives sellers an advantage.
Are home values going up in Santa Clarita?
Yes, home values in Santa Clarita have increased by 4% over the past year. The 5-year appreciation rate is 21.7%, meaning a home worth $612,161 five years ago is now worth $745,000.
Is it better to rent or buy in Santa Clarita?
The average monthly rent in Santa Clarita is $5,401, while estimated monthly homeownership costs are approximately $4,010. The price-to-rent ratio is 11.5. Based on current conditions, buying may be more cost-effective than renting in this market.
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Disclaimer: Home value data for Santa Clarita, California is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.