92844 Housing Market
Median List Price
$699,900
Updated August 2026
Today, the 92844 ZIP code in Garden Grove, CA has 11 homes for sale at a median list price of $699,900, typically selling in about 28 days.
92844 Housing Market Overview
Homes in the 92844 ZIP code carry a median list price of $699,900. That is about 29.9% below the Garden Grove median. The median price moved from $970,000 in February to $715,000 in July, a 26.3% decrease over six months. Right now 11 homes are on the market in the 92844 ZIP code. Four bedroom homes carry the highest medians at $1.4M, with one bedroom homes starting the range at $462,450.
92844 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 1.8 months of supply, and the typical home sells in about 28 days. At the same time, 27% 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
$700K
↑ 12% 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
1.8 months of supply
Tight Supply11 active listings against the current sales pace works out to about 1.8 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 ~28 days.
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 92844 Area
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)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $304K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$644K)
Price Reductions
3 listings have reduced their price
27% of active listings
Average reduction: 4.2% (~$30K)
Browse 92844 Listings
Frequently Asked Questions about the 92844 Housing Market
What is the median home price in the 92844 ZIP code?
The median list price in the 92844 ZIP code is $699,900 as of August 2026, based on 11 active listings.
Is the 92844 ZIP code a buyer's market or a seller's market?
The 92844 ZIP code currently reads as a seller's market. Active inventory works out to about 1.8 months of supply at the recent sales pace.
How fast do homes sell in the 92844 ZIP code?
The average home currently for sale in the 92844 ZIP code has been on the market for 28 days.
Are home prices in the 92844 ZIP code going up or down?
The median sale price in the 92844 ZIP code is up about 11.8% compared with a year ago.
How many homes are for sale in the 92844 ZIP code?
There are 11 homes for sale in the 92844 ZIP code right now, including 1 listed within the last week.