Market Intelligence · CA / Garden Grove

Garden Grove, CA 92840 Housing Market

The typical home value in Garden Grove, CA 92840 is $975,459, up 5.0% over the past year as of September 2026. The median list price is $989,500, and homes are spending a median of 41 days on the market.

Updated September 2026Median value$975K

The median home value in Garden Grove, CA 92840 is $975K as of September 2026, up 5.0% 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 92840 range

$897K to $1.05M

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

+5.0% over 12 months

Sep 2025$929K

Low $929KHigh $975K

Sep 2026$975K

The numbers

What is the 92840 housing market like?

As of September 2026

Typical home value

$975K

5.0%YoY

Median list price

$990K

1.5%MoM

Days on market

12.8%MoM

Homes for sale

15.0%MoM

Price cuts

21.9%

80.8%MoM

New listings

20.0%MoM

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

The outlook

92840 housing market forecast 2027

+1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 92840 to rise 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 92840 rose 5.0%, per the Zillow Home Value Index.

Will home prices drop in 92840?

Zillow's forecast does not call for a drop: it expects typical home values in 92840 to rise 1.2% by September 2027, after a 5.0% 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 92840 home prices compare?

92840$975,459
Garden Grove$975,459
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 (Garden Grove: 5 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 34 homes for sale in 92840, with 24 new listings added. The median list price is $989,500, and the median days on market is 41. Values have climbed, with the typical home at $975,459, up 5.0% over the past year. At the same time, 21.9% of listings have taken a price cut. For a seller, the market still rewards well priced homes, but buyers are pushing back on anything that starts too high.

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Down payment20% · $195,092

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Common questions

What people ask us.

How much is a home in 92840 worth?

The typical home value in Garden Grove, CA 92840 is $975,459, up 5.0% over the past year as of September 2026. The median list price is $989,500.

How fast are homes selling in 92840?

Homes in 92840 are spending a median of 41 days on the market as of September 2026.

Are sellers cutting prices in 92840?

Yes. As of September 2026, 21.9% of listings in 92840 have had a price cut, with 34 homes for sale and 24 new listings on the market.

Discover

Nearby ZIP markets.

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