Costa Mesa, CA Housing Market
Median List Price
$1,595,000
Updated August 2026
Today, Costa Mesa has 108 homes for sale at a median list price of $1,595,000, typically selling in about 43 days.
Costa Mesa Market Analysis
Buyers in Costa Mesa, CA are looking at a median list price of $1.6M. Median pricing works out to $856 per square foot. Since February, the median price has moved down about 1.6% to $1.6M as of July.
It takes about 13 days for the typical home here to go under contract. That is a quick turnaround, so buyers who wait on a well priced home often miss it. Costa Mesa, CA has 108 active listings on the market right now. 42 new listings came on the market in the last 30 days.
Pricing spreads from a $924,500 median for two bedroom homes to $2.6M for five bedroom homes. Most of what is for sale here is single family homes, about 65.7% of the mix, with condos accounting for another 15.7%. Costa Mesa, CA covers the 92627 and 92626 ZIP codes.
Costa Mesa Rental Market
Renters in Costa Mesa, CA are looking at a median asking rent of $4,800. Since February, the median rent has moved up about 1.1% to $4,750 as of July. Costa Mesa, CA has 48 active rental listings on the market right now.
Costa Mesa Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.8 months of supply, yet 39% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.59M
↑ 2% 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
2.8 months of supply
Tight Supply108 active listings against the current sales pace works out to about 2.8 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~43 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 5% faster than six months ago.
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 Costa Mesa
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
39%
Homeowners
61%
Renters
Homeownership is 16.5 points lower than the California average (55.5%)
41,628 households (2023)
Affordability Snapshot
Typical home cost
$10,617/mo
Actual housing expense
Affordable budget (28%)
$2,568/mo
Based on median income
Median household income
$9,173/mo
Costa Mesa
A typical home costs about 116% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$455K/year
Assumes housing costs ≤28% of income
View cost breakdown
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $524K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 1 → 2 bedrooms (+$699K)
Price Reductions
42 listings have reduced their price
39% of active listings
Average reduction: 6.2% (~$99K)
Browse Costa Mesa Listings
Frequently Asked Questions about the Costa Mesa, CA Housing Market
What is the median home price in Costa Mesa, CA?
The median list price in Costa Mesa is $1,595,000 as of August 2026, based on 108 active listings.
Is Costa Mesa a buyer's market or a seller's market?
Costa Mesa currently reads as a balanced market. Active inventory works out to about 2.8 months of supply at the recent sales pace.
How fast do homes sell in Costa Mesa?
Homes that closed in the last 90 days typically went under contract in about 13 days. The average home currently for sale has been on the market for 43 days.
Are home prices in Costa Mesa going up or down?
The median sale price in Costa Mesa is up about 2.0% compared with a year ago.
How many homes are for sale in Costa Mesa, CA?
There are 108 homes for sale in Costa Mesa right now, including 14 listed within the last week.
What is the median rent in Costa Mesa?
The median asking rent in Costa Mesa is $4,800 per month, across 48 active rental listings.