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  1. Topfind
  2. California
  3. Irvine
  4. 92620 Housing Market

92620 Housing Market

Median List Price

$1,698,000

Updated August 2026

Today, the 92620 ZIP code in Irvine, CA has 137 homes for sale at a median list price of $1,698,000, typically selling in about 54 days.

92620 Housing Market Overview

Homes in the 92620 ZIP code carry a median list price of $1.7M. That is about 4.5% above the Irvine median. The median price moved from $1.7M in February to $1.6M in July, a 3.6% decrease over six months. Right now 137 homes are on the market in the 92620 ZIP code. Six bedroom homes carry the highest medians at $3M, with one bedroom homes starting the range at $529,500.

92620 Area Market Pulse

Topfind Market Read

Buyer's Market

Buyers hold the edge right now. Sale prices have eased 12% over the last six months and are 10% below a year ago, and 52% of sellers have trimmed their asking price. At the same time, selling times have improved 34% versus six months ago, and sales volume is up 55% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.

Buyer leverageBalancedSeller leverage

Median Home Price

$1.70M

↓ 10% over the past year

Chart shows the median closed sale price by month

$2M$1.7M$1.5M$1.3M
Sep 25
Dec 25
Mar 26
Jun 26

Months of Supply

Estimated time to sell all listings at the current sales pace

5.1 months of supply

Balanced Supply

137 active listings currently on the market.

Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
5.1
0369+

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 ~54 days.

● Tight: strong demand● Balanced: steady pace● Ample: more choice

Sales Velocity

How fast homes are selling

Slower Pace
FastSlow0d15d30d45d60d75d90d53.7days on market

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 34% over the last six months.

● <30d: Fast● 30-45d: Steady● 45d+: Slower

Inventory Distribution

Aging Inventory

A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.

New
Active
Aging
Stale
30-day mark14 listings<7 days34 listings7-30 days40 listings30-60 days49 listings60+ days← Selling fastSitting longer →
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities

Housing Tenure in 92620 Area

Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.

HomeownersRenters

44%

Homeowners

56%

Renters

Homeownership is 11.5 points lower than the California average (55.5%)

Higher renter rates typically mean more rental inventory and neighborhood turnover.

111,979 households (2023)

Median Price by Bedroom

Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.

1 Bed
$530K
2 Bed
$912K
3 Bed
$1.6M
4 Bed
$2.1M
5 Bed
$3.0M

Each additional bedroom adds about $615K in value on average, with larger homes seeing bigger price jumps.

Largest increase: 4 → 5 bedrooms (+$840K)

Price Reductions

High Activity
71

71 listings have reduced their price

52% of active listings

Average reduction: 5.4% (~$92K)

A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.

Browse 92620 Listings

Homes for Sale in 92620Homes for Rent in 92620Recently Sold Homes in 92620

Frequently Asked Questions about the 92620 Housing Market

What is the median home price in the 92620 ZIP code?

The median list price in the 92620 ZIP code is $1,698,000 as of August 2026, based on 137 active listings.

Is the 92620 ZIP code a buyer's market or a seller's market?

The 92620 ZIP code currently reads as a balanced market. Active inventory works out to about 5.1 months of supply at the recent sales pace.

How fast do homes sell in the 92620 ZIP code?

The average home currently for sale in the 92620 ZIP code has been on the market for 54 days.

Are home prices in the 92620 ZIP code going up or down?

The median sale price in the 92620 ZIP code is down about 10.2% compared with a year ago.

How many homes are for sale in the 92620 ZIP code?

There are 137 homes for sale in the 92620 ZIP code right now, including 9 listed within the last week.

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