Santa Clarita Home Prices: $795K, Down 1.8% — 7 ZIPs Analyzed (2026)
$794,518. That’s the typical home value in Santa Clarita today, and it’s down 1.8% from a year ago. The city has now posted seven straight months of price drops after peaking near $809K last March.
Quick answer: The average home price in Santa Clarita, CA is $794,518 as of February 2026, down 1.8% year over year according to Zillow.
Current Home Prices in Santa Clarita
The median home value across Santa Clarita’s seven ZIP codes is $794,518. A year ago that number sat near $809,000. The gap is small in percentage terms but real in dollars — about $14,500 off the typical home.
| Metric | Value |
|---|---|
| Median home value | $794,518 |
| Year-over-year change | -1.8% |
| Cheapest ZIP median | $695,725 |
| Most expensive ZIP median | $913,689 |
| ZIP codes tracked | 7 |
| Data through | February 2026 |
The spread between the cheapest and most expensive ZIP is about $218,000. That’s wider than you’d find in most cities of similar size, and it tells you something important about Santa Clarita: the name covers a lot of ground. From Newhall to Stevenson Ranch, you’re looking at very different price brackets under one ZIP-code umbrella.
The 1.8% annual decline puts Santa Clarita in line with the broader Los Angeles metro slowdown. It is not a crash. It is also not stable. Prices have ticked down in seven of the last twelve months, and the most recent reading is the lowest since February 2025.
For buyers, this is a slow drift in your favor. For sellers who bought at the 2025 peak, the math is harder.
Santa Clarita Home Prices by Neighborhood
Seven ZIPs. A $218K range between the floor and the ceiling. Here’s how they stack up.
| ZIP Code | Median Home Value | Avg Rent |
|---|---|---|
| 91390 | $913,689 | $3,773 |
| 91354 | $834,729 | $3,340 |
| 91350 | $811,438 | $3,165 |
| 91387 | $803,587 | $2,676 |
| 91355 | $786,007 | $2,804 |
| 91351 | $716,452 | $2,932 |
| 91321 | $695,725 | $2,530 |
Most Expensive
91390 leads the city at $913,689, more than $119,000 above the citywide median. Rent here also tops the chart at $3,773, suggesting larger homes and more space per dollar.
91354 comes in second at $834,729, with rent at $3,340 — a Valencia-adjacent ZIP where buyers pay a premium for newer inventory.
91350 rounds out the top three at $811,438, only about $17,000 above the city average and roughly the midpoint of Santa Clarita’s price ladder.
Most Affordable
91321 (Newhall) is the entry point at $695,725, nearly $99,000 below the city median. Rent of $2,530 is also the lowest in town, making it the most accessible ZIP on both sides of the rent-vs-buy ledger.
91351 sits at $716,452 with $2,932 rent — about 10% under the city median and a common search target for first-time buyers.
91355 comes in at $786,007, just below the city average. Rent runs $2,804, lower than several pricier ZIPs.
Rent vs Buy in Santa Clarita
Average rent across Santa Clarita’s seven ZIPs lands near $3,031 a month. The cheapest ZIP rents for $2,530 (91321). The priciest rents for $3,773 (91390).
Now run the buy-side math on a $794,518 home with 20% down:
| Cost component | Estimate |
|---|---|
| Loan amount (80%) | $635,614 |
| Principal + interest (7%, 30-yr) | $4,228/mo |
| Property tax (~1.1%) | $728/mo |
| Insurance (~$150) | $150/mo |
| Total monthly | ~$5,106 |
Renting wins by roughly $2,000 a month at the city median. Even in the cheapest ZIP — 91321 at $695,725 — the buy number lands near $4,470 versus $2,530 rent.
That gap matters more in a flat-to-falling market. When prices were climbing 8% a year, the appreciation made up for the cash drag. With values down 1.8% over the last year, you are paying a $24,000 annual premium to own and watching the asset slide at the same time.
If you plan to stay seven-plus years and you value the optionality of ownership, the math can still work. For shorter horizons, renting in 91321 or 91351 looks like the sharper play.
Population Growth and Migration
Santa Clarita is losing people. Slowly, but consistently.
| Year | Population |
|---|---|
| 2020 | 232,422 |
| 2021 | 229,779 |
| 2022 | 229,847 |
| 2023 | 229,802 |
| 2024 | 229,159 |
The city has shed about 3,300 residents since 2020 — a 1.4% drop over four years. The trend flatlined in 2022 and 2023 before turning down again in 2024.
How does that compare to the rest of California?
| City | 2024 Population | 4-Year Growth |
|---|---|---|
| Bakersfield | 417,468 | +3.0% |
| Sacramento | 535,798 | +1.9% |
| San Diego | 1,404,452 | +1.4% |
| Fresno | 550,105 | +1.4% |
| Oakland | 443,554 | +0.6% |
| Santa Clarita | 229,159 | -1.4% |
Every comparable California city on this list is gaining residents. Santa Clarita is the outlier.
Shrinking population usually pulls demand lower, and over time that pressures prices. The 1.8% home-value decline this year is consistent with that story. It does not mean a collapse is coming — Santa Clarita still sits inside one of the country’s most supply-constrained metros — but the demographic tailwind buyers had a decade ago is gone.
Santa Clarita Housing Market Trends
Twelve months of data tells a clear story: peak in spring 2025, then a steady drift down.
| Month | Median Value |
|---|---|
| Mar 2025 | $809,403 |
| Apr 2025 | $805,026 |
| May 2025 | $800,320 |
| Jun 2025 | $795,992 |
| Jul 2025 | $792,960 |
| Aug 2025 | $791,277 |
| Sep 2025 | $790,961 |
| Oct 2025 | $791,677 |
| Nov 2025 | $793,030 |
| Dec 2025 | $794,801 |
| Jan 2026 | $795,210 |
| Feb 2026 | $794,518 |
From the March 2025 peak of $809,403, prices fell every month through September 2025, bottoming at $790,961. Then came a small bounce — four straight monthly gains from September into January — before February ticked back down by $692.
So you have a market that found a floor near $791K, tried to recover, and is now testing that floor again. The total swing from peak to current is about $14,900, or 1.8%.
That’s not volatility. That’s a market grinding sideways with a slight downward tilt.
Is Santa Clarita a Good Place to Buy in 2026?
It depends on what you’re optimizing for.
If you want negotiating power, yes — this is a buyer’s market by the numbers. Values are down year over year. Population is shrinking. The recent four-month bounce already failed. Sellers who priced for 2025 peaks are sitting.
If you want appreciation, the case is weaker. The 12-month chart shows a market without a clear catalyst to push prices higher. Rates are still high. The metro is losing people. Comparable California cities are growing faster, which means buyer demand may keep flowing elsewhere.
The buy-vs-rent gap also argues for patience. At a $2,000/month premium to own, you’re spending $24,000 a year for the right to ride a market that just dropped 1.8%.
Best fit for a buyer right now: long-term resident, stable income, planning seven-plus years, willing to negotiate hard on a 91321 or 91351 listing.
Santa Clarita Housing Market Outlook for 2026-2027
The 3-month trend (December 2025 through February 2026) shows prices essentially flat — $794,801 to $795,210 to $794,518. Movement of less than 0.1% in either direction.
The 6-month trend (September 2025 through February 2026) is up about 0.45%, or roughly $3,500.
If the current pace continues, expect Santa Clarita to spend the next 3-6 months hovering between $790K and $800K. The bigger question is whether the September floor holds. A break below $790K would suggest the 2025 decline is resuming. A move back above $800K would point to a slow recovery.
The population trend is the wildcard. Four straight years of decline is a real headwind, and it limits how much organic demand can push values up from here.
Similar Markets in CA
- Los Angeles — the metro anchor, similar premium pricing with deeper inventory.
- Long Beach — coastal alternative within the same metro for buyers wanting denser urban access.
- Riverside — meaningfully cheaper inland option for buyers priced out of Santa Clarita.
- Bakersfield — far lower price point and one of the few California cities still gaining population.
- Anaheim — Orange County comparable for buyers weighing similar suburban price brackets.
Frequently Asked Questions
What is the average home price in Santa Clarita?
The average home price in Santa Clarita, CA is $794,518 as of February 2026. That figure reflects the Zillow Home Value Index across the city’s seven tracked ZIP codes, with individual ZIP medians ranging from $695,725 in 91321 to $913,689 in 91390.
Are home prices going up or down in Santa Clarita?
Prices are down 1.8% year over year. Values peaked at $809,403 in March 2025, slid to $790,961 by September, and have moved sideways near $794K since — meaning the typical home has lost about $14,900 in value over the past 12 months.
Is it cheaper to rent or buy in Santa Clarita?
Renting is cheaper. Average rent across the city’s ZIPs runs about $3,031 a month, while owning the median home with 20% down costs roughly $5,100 a month including principal, interest, taxes, and insurance — a gap of about $2,000.
What is the most affordable neighborhood in Santa Clarita?
ZIP 91321 (Newhall) is the cheapest at a $695,725 median, nearly $99,000 below the citywide average. It also has the lowest average rent in the city at $2,530.
Methodology
Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.