Metro area index
Home appreciation in the Anaheim-Santa Ana-Irvine, CA metropolitan division
FHFA HPI® data shows the Anaheim-Santa Ana-Irvine, CA metropolitan division's all-transactions index changed +3.4% over the year to Q2 2026, versus +0.9% for California and +3.0% for the U.S. That ranks 204th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +3.4%
- 5-year change
- +45.5%
- Since Q1 1995
- +484%
- Metro rank (1 year)
- 204th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Anaheim-Santa Ana-Irvine, CA vs California and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Anaheim-Santa Ana-Irvine, CA: 584.2
- California: 488.5
- United States: 391.6
Appreciation by time window
| Window | Metro | CA | U.S. | Gap vs CA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.4% | +0.9% | +3.0% | +2.5 pts | +0.3 pts |
| 3 years | +17.1% | +7.7% | +12.9% | +9.4 pts | +4.2 pts |
| 5 years | +45.5% | +28.1% | +41.3% | +17.4 pts | +4.2 pts |
| 10 years | +87.2% | +76.2% | +93.3% | +11.0 pts | −6.2 pts |
| Since Q1 1995 | +484% | +388% | +292% | +95.7 pts | +192.7 pts |
3-digit ZIP regions in the Anaheim-Santa Ana-Irvine, CA area
Regions with at least 10% of their 2010 population inside the metro division, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 926 · Irvine, CA area | CA | +0.6% | +43.2% | +480% | 100% |
| 927 · Santa Ana, CA area | CA | +5.3% | +53.0% | +521% | 100% |
| 928 · Anaheim, CA area | CA | +3.0% | +42.8% | +458% | 79% |
| 906 · Norwalk, CA area | CA | +1.4% | +35.8% | +420% | 32% |
Boom, bust, and recovery in Anaheim-Santa Ana-Irvine, CA area
Anaheim-Santa Ana-Irvine, CA area's index peaked in Q2 2006, fell 33.2% to its low in Q1 2012, and regained its peak in Q1 2018, about 11.8 years after the top. Today it sits +71.9% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q2 2006 | Q1 2012 | -33.2% | Q1 2018 (11.8 yrs) | +71.9% |
| CA | Q3 2006 | Q1 2012 | -41.0% | Q2 2019 (12.8 yrs) | +50.9% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Anaheim-Santa Ana-Irvine, CA area's index has changed +164% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | CA after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -0.5% | -2.9% | -0.8% |
| 3 years | +9.8% | +6.6% | -1.9% | +2.8% |
| 5 years | +24.0% | +17.3% | +3.3% | +13.9% |
| 10 years | +39.1% | +34.6% | +26.7% | +39.0% |
| Since Q1 1995 | +121% | +164% | +121% | +76.8% |
If you bought in the Anaheim-Santa Ana-Irvine, CA area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +479% | $1,736,683 |
| Q2 2000 | +329% | $1,286,450 |
| Q2 2005 | +98.1% | $594,303 |
| Q2 2010 | +144% | $733,146 |
| Q2 2015 | +98.4% | $595,232 |
| Q2 2020 | +59.5% | $478,398 |
| Q2 2021 | +45.5% | $436,441 |
| Q2 2023 | +17.1% | $351,291 |
| Q2 2025 | +3.3% | $310,035 |
Frequently asked questions
- How much have home prices risen in the Anaheim-Santa Ana-Irvine, CA area?
- FHFA HPI® data for the Anaheim-Santa Ana-Irvine, CA metropolitan division shows changes of +3.4% over one year, +45.5% over five years, and +87.2% over ten years to Q2 2026, and +484% since Q1 1995.
- Is the Anaheim-Santa Ana-Irvine, CA area beating the national average?
- Over the past year the metro's index moved +0.3 pts versus the U.S.; over five years the gap is +4.2 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan division. The index covers the whole area, so individual neighborhoods and homes can differ from it.