Market Intelligence · CA / Costa Mesa

Costa Mesa, CA 92627 Housing Market

In Costa Mesa's 92627 ZIP code, the typical home value is $1,365,513, up 5.8% over the past year as of September 2026. Sellers are listing at a median price of $1,425,000, and homes spend a median of 47 days on the market.

Updated September 2026Median value$1366K

The median home value in Costa Mesa, CA 92627 is $1.37M as of September 2026, up 5.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 92627 range

$1.26M to $1.47M

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

+5.8% over 12 months

Typical home value in 92627 over the last 12 months: $1.29M in Sep 2025 to $1.37M in Sep 2026 (+5.8%).

Sep 2025$1.29M

Sep 2026$1.37M

The numbers

What is the 92627 housing market like?

Typical home value

$1.37M

Up5.8%YoY

Median list price

$1.43M

Down1.7%MoM

Days on market

47

Flat0.0%MoM

Homes for sale

70

Down2.8%MoM

Price cuts

14.7%

Down14.2%MoM

New listings

46

Down4.2%MoM

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

The outlook

92627 housing market forecast 2027

+1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 92627 to rise 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 92627 rose 5.8%, per the Zillow Home Value Index.

Will home prices drop in 92627?

Zillow's forecast does not call for a drop: it expects typical home values in 92627 to rise 1.3% by September 2027, after a 5.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 92627 home prices compare?

  • 92627$1,365,513
  • Costa Mesa$1,409,272
  • California$692,765
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Costa Mesa: 2 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

The 92627 market had 70 homes for sale as of September 2026, with 46 new listings coming on that month. The median list price sits at $1,425,000, above the typical home value of $1,365,513, which is up 5.8% over the past year. Homes are taking a median of 47 days to move, and 14.7% of listings have had a price cut. For a seller in Costa Mesa, the message is straightforward: values are still climbing, but buyers are patient enough that pricing right from the start matters.

Monthly payment

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20% · $273,103

Common questions

What people ask us.

How much is a home in 92627 worth?

The typical home value in 92627 is $1,365,513 as of September 2026, up 5.8% over the past year.

How long does it take to sell a home in 92627?

Homes in 92627 spend a median of 47 days on the market as of September 2026.

Are sellers cutting prices in 92627?

Yes, some are. As of September 2026, 14.7% of listings in 92627 had a price cut, with a median list price of $1,425,000.

Discover

Nearby ZIP markets.

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Guides for sellers.