Garden Grove, CA Housing Market
Median List Price
$999,000
Updated August 2026
Today, Garden Grove has 113 homes for sale at a median list price of $999,000, typically selling in about 31 days.
Garden Grove Market Analysis
Buyers in Garden Grove, CA are looking at a median list price of $999,000. On a per square foot basis, the median runs $625. Since February, the median price has moved up about 3.1% to $1M as of July.
It takes about 11 days for the typical home here to go under contract. Homes move quickly at that pace, which favors sellers and rewards buyers who come prepared. Garden Grove, CA has 113 active listings on the market right now. 45 new listings came on the market in the last 30 days.
Pricing spreads from a $449,900 median for one bedroom homes to $1.3M for five bedroom homes. Most of what is for sale here is single family homes, about 65.5% of the mix, with condos accounting for another 19.5%. Garden Grove, CA covers the 92840, 92841, 92845, 92843, and 92844 ZIP codes.
Garden Grove Rental Market
Renters in Garden Grove, CA are looking at a median asking rent of $3,600. Since February, the median rent has moved up about 33.3% to $4,000 as of July. Garden Grove, CA has 14 active rental listings on the market right now.
Garden Grove Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 10% over the last six months and 5% over the past year, and there is only 2.7 months of supply. At the same time, 31% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Median Home Price
$999K
↑ 5% 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
2.7 months of supply
Tight Supply113 active listings against the current sales pace works out to about 2.7 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 ~31 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 13% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Garden Grove
Homeownership is near the state average, with a balanced mix of owners and renters.
54%
Homeowners
46%
Renters
Homeownership is 1.5 points lower than the California average (55.5%)
48,650 households (2023)
Affordability Snapshot
Typical home cost
$6,724/mo
Actual housing expense
Affordable budget (28%)
$2,104/mo
Based on median income
Median household income
$7,514/mo
Garden Grove
A typical home costs about 89% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$288K/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
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $211K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$368K)
Price Reductions
35 listings have reduced their price
31% of active listings
Average reduction: 7.1% (~$71K)
Browse Garden Grove Listings
Frequently Asked Questions about the Garden Grove, CA Housing Market
What is the median home price in Garden Grove, CA?
The median list price in Garden Grove is $999,000 as of August 2026, based on 113 active listings.
Is Garden Grove a buyer's market or a seller's market?
Garden Grove currently reads as a seller's market. Active inventory works out to about 2.7 months of supply at the recent sales pace.
How fast do homes sell in Garden Grove?
Homes that closed in the last 90 days typically went under contract in about 11 days. The average home currently for sale has been on the market for 31 days.
Are home prices in Garden Grove going up or down?
The median sale price in Garden Grove is up about 4.5% compared with a year ago.
How many homes are for sale in Garden Grove, CA?
There are 113 homes for sale in Garden Grove right now, including 14 listed within the last week.
What is the median rent in Garden Grove?
The median asking rent in Garden Grove is $3,600 per month, across 14 active rental listings.