92845 Housing Market
Median List Price
$1,179,999
Updated August 2026
Today, the 92845 ZIP code in Garden Grove, CA has 21 homes for sale at a median list price of $1,179,999, typically selling in about 27 days.
92845 Housing Market Overview
The 92845 ZIP code currently shows a median list price of $1.2M. That is about 18.1% above the Garden Grove median. There are 21 homes currently listed for sale in the 92845 ZIP code.
Two bedroom homes are the most affordable tier at a median of $642,000, while five bedroom homes top the range at $1.4M. Over the last six months, the median price has risen about 3.2%, from $1.1M in February to $1.1M in July.
92845 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. The typical home sells in about 27 days, and selling times have improved 43% versus six months ago. At the same time, 29% 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
$1.18M
↓ 1% 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
3.5 months of supply
Balanced Supply21 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 ~27 days.
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete. Homes are moving 43% 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 92845 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 $253K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$357K)
Price Reductions
6 listings have reduced their price
29% of active listings
Average reduction: 4.0% (~$47K)
Browse 92845 Listings
Frequently Asked Questions about the 92845 Housing Market
What is the median home price in the 92845 ZIP code?
The median list price in the 92845 ZIP code is $1,179,999 as of August 2026, based on 21 active listings.
Is the 92845 ZIP code a buyer's market or a seller's market?
The 92845 ZIP code currently reads as a seller's market. Active inventory works out to about 3.5 months of supply at the recent sales pace.
How fast do homes sell in the 92845 ZIP code?
The average home currently for sale in the 92845 ZIP code has been on the market for 27 days.
Are home prices in the 92845 ZIP code going up or down?
The median sale price in the 92845 ZIP code is roughly flat compared with a year ago.
How many homes are for sale in the 92845 ZIP code?
There are 21 homes for sale in the 92845 ZIP code right now, including 4 listed within the last week.