Market Intelligence · CA / Brea

Brea, CA 92823 Housing Market

The typical home value in Brea, CA 92823 is $1,283,976, up 1.8% over the past year. Homes currently listed are priced at a median of $1,259,950, with properties staying on the market for a median of 50 days.

Updated August 2026Median value$1278K

The median home value in Brea, CA 92823 is $1.28M as of August 2026, up 2.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 92823 range

$1.18M to $1.38M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.3% over 12 months

Typical home value in 92823 over the last 12 months: $1.25M in Aug 2025 to $1.28M in Aug 2026 (+2.3%).

Aug 2025$1.25M

Aug 2026$1.28M

The numbers

What is the 92823 housing market like?

Typical home value

$1.28M

Up2.3%YoY

Median list price

$1.26M

Down6.4%MoM

Days on market

50

Down5.7%MoM

Homes for sale

4

Down33.3%MoM

Price cuts

44.4%

New listings

0

Down100.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 92823 home prices compare?

  • 92823$1,277,848
  • Brea$1,187,924
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Brea: 2 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

Brea's housing market is tight right now, with only 4 homes for sale and no new listings as of August 2026. The median list price sits at $1,259,950, while typical home values remain stronger at $1,283,976. Homes are taking 50 days to sell on average, and 44.4% of current listings have seen price reductions. For sellers, the low inventory and price cuts suggest a market that has cooled from recent years, despite the modest year-over-year appreciation.

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