92606 Housing Market
Median List Price
$1,150,000
Updated August 2026
Today, the 92606 ZIP code in Irvine, CA has 23 homes for sale at a median list price of $1,150,000, typically selling in about 46 days.
92606 Housing Market Overview
Homes in the 92606 ZIP code carry a median list price of $1.1M. That is about 29.2% below the Irvine median. The median price moved from $1.6M in February to $1.1M in July, a 28.9% decrease over six months. Right now 23 homes are on the market in the 92606 ZIP code. Five bedroom homes carry the highest medians at $1.8M, with one bedroom homes starting the range at $625,000.
92606 Area Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 25% over the last six months, though still 15% below a year ago, yet 52% of sellers have trimmed their asking price, and 57% of current listings have been up for more than 30 days, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.15M
↓ 15% 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
3.8 months of supply
Balanced Supply23 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 ~46 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 40% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 43% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 92606 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
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $305K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$461K)
Price Reductions
12 listings have reduced their price
52% of active listings
Average reduction: 5.1% (~$59K)
Browse 92606 Listings
Frequently Asked Questions about the 92606 Housing Market
What is the median home price in the 92606 ZIP code?
The median list price in the 92606 ZIP code is $1,150,000 as of August 2026, based on 23 active listings.
Is the 92606 ZIP code a buyer's market or a seller's market?
The 92606 ZIP code currently reads as a balanced market. Active inventory works out to about 3.8 months of supply at the recent sales pace.
How fast do homes sell in the 92606 ZIP code?
The average home currently for sale in the 92606 ZIP code has been on the market for 46 days.
Are home prices in the 92606 ZIP code going up or down?
The median sale price in the 92606 ZIP code is down about 15.5% compared with a year ago.
How many homes are for sale in the 92606 ZIP code?
There are 23 homes for sale in the 92606 ZIP code right now, including 3 listed within the last week.