92823 Housing Market
Median List Price
$1,259,950
Updated August 2026
Today, the 92823 ZIP code in Brea, CA has 6 homes for sale at a median list price of $1,259,950, typically selling in about 47 days.
92823 Housing Market Overview
The 92823 ZIP code currently shows a median list price of $1.3M. Compared with Brea overall, that is a 14.5% premium. There are 6 homes currently listed for sale in the 92823 ZIP code.
Two bedroom homes are the most affordable tier at a median of $1.1M, while five bedroom homes top the range at $2.2M. Over the last six months, the median price has risen about 14.3%, from $1.2M in February to $1.3M in July.
92823 Area Market Pulse
Topfind Market Read
The picture is mixed here. Supply sits at 3.0 months, roughly in step with demand, yet 50% of sellers have trimmed their asking price, and sale prices have eased 4% over the last six months, though they remain 6% above a year ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.26M
↑ 6% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.0 months of supply
Balanced Supply6 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~47 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 18% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 50% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 92823 Area
Homeownership is near the state average, with a balanced mix of owners and renters.
60%
Homeowners
40%
Renters
Homeownership is 4.5 points higher than the California average (55.5%)
16,566 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $582K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$998K)
Price Reductions
3 listings have reduced their price
50% of active listings
Average reduction: 6.7% (~$84K)
Browse 92823 Listings
Frequently Asked Questions about the 92823 Housing Market
What is the median home price in the 92823 ZIP code?
The median list price in the 92823 ZIP code is $1,259,950 as of August 2026, based on 6 active listings.
Is the 92823 ZIP code a buyer's market or a seller's market?
The 92823 ZIP code currently reads as a balanced market. Active inventory works out to about 3.0 months of supply at the recent sales pace.
How fast do homes sell in the 92823 ZIP code?
The average home currently for sale in the 92823 ZIP code has been on the market for 47 days.
Are home prices in the 92823 ZIP code going up or down?
The median sale price in the 92823 ZIP code is up about 6.2% compared with a year ago.
How many homes are for sale in the 92823 ZIP code?
There are 6 homes for sale in the 92823 ZIP code right now, including 1 listed within the last week.