92603 Housing Market
Median List Price
$1,962,500
Updated August 2026
Today, the 92603 ZIP code in Irvine, CA has 48 homes for sale at a median list price of $1,962,500, typically selling in about 43 days.
92603 Housing Market Overview
The 92603 ZIP code currently shows a median list price of $2M. That is about 20.8% above the Irvine median. There are 48 homes currently listed for sale in the 92603 ZIP code.
Two bedroom homes are the most affordable tier at a median of $1.2M, while six bedroom homes top the range at $19.9M. Over the last six months, the median price has risen about 26.6%, from $2.4M in February to $3M in July.
92603 Area Market Pulse
Topfind Market Read
The picture is mixed here. Sales volume is up 36% versus six months ago, yet 44% of sellers have trimmed their asking price, and sale prices have eased 4% over the last six months and are 11% below 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
$1.96M
↓ 11% 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
3.7 months of supply
Balanced Supply48 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 ~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.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 44% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 92603 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
44%
Homeowners
56%
Renters
Homeownership is 11.5 points lower than the California average (55.5%)
111,979 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $4.7M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 5 → 6 bedrooms (+$13.4M)
Price Reductions
21 listings have reduced their price
44% of active listings
Average reduction: 5.3% (~$105K)
Browse 92603 Listings
Frequently Asked Questions about the 92603 Housing Market
What is the median home price in the 92603 ZIP code?
The median list price in the 92603 ZIP code is $1,962,500 as of August 2026, based on 48 active listings.
Is the 92603 ZIP code a buyer's market or a seller's market?
The 92603 ZIP code currently reads as a balanced market. Active inventory works out to about 3.7 months of supply at the recent sales pace.
How fast do homes sell in the 92603 ZIP code?
The average home currently for sale in the 92603 ZIP code has been on the market for 43 days.
Are home prices in the 92603 ZIP code going up or down?
The median sale price in the 92603 ZIP code is down about 11.5% compared with a year ago.
How many homes are for sale in the 92603 ZIP code?
There are 48 homes for sale in the 92603 ZIP code right now, including 2 listed within the last week.