Home ValuePros

Market Intelligence · CA / Garden Grove

Garden Grove, CA 92840 Housing Market

The typical home value in Garden Grove's 92840 ZIP is $990,605, up 4.1% over the past year. The median list price stands at $961,750, with homes taking a median of 40 days to sell.

Updated August 2026Median value$991K

The median home value in Garden Grove, CA 92840 is $991K as of August 2026, up 4.1% 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 92840 range

$911K to $1.07M

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

+4.1% over 12 months

Typical home value in 92840 over the last 12 months: $951K in Jul 2025 to $991K in Jul 2026 (+4.1%).

Jul 2025$951K

Jul 2026$991K

The numbers

What is the 92840 housing market like?

Typical home value

$991K

Up4.1%YoY

Median list price

$975K

Up1.4%MoM

Days on market

47

Up17.5%MoM

Homes for sale

40

Up29.0%MoM

Price cuts

12.1%

Down7.0%MoM

New listings

20

Down16.7%MoM

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

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The comparison

How do 92840 home prices compare?

  • 92840$990,605
  • Garden Grove$990,605
  • California$702,086
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Garden Grove: 5 ZIPs; California: 1,543 ZIPs; United States: 26,266 ZIPs).

Context

Garden Grove's 92840 has 31 homes currently for sale, with 24 new listings added recently. The median time on market is 40 days, suggesting a measured pace rather than rapid movement. About 13.0% of listings have seen a price cut, which is a typical adjustment in a stabilizing market. While the area has gained value year over year, the combination of modest inventory and price reductions suggests sellers should be realistic about positioning and timeline.

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