Market Intelligence · CA / Irvine

Irvine, CA 92602 Housing Market

Typical home value in 92602 sits at $1,946,132, down 0.7% over the past year. The median list price stands at $2,687,500, with homes spending a median of 52 days on market as of September 2026.

Updated September 2026Median value$1946K

The median home value in Irvine, CA 92602 is $1.95M as of September 2026, down 0.7% 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.

Sell without the wait

Sell your Irvine home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 92602 range

$1.79M to $2.1M

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.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 92602 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Irvine, CA.

12-month value trend

-0.7% over 12 months

Sep 2025$1.96M

Low $1.95MHigh $1.99M

Sep 2026$1.95M

The numbers

What is the 92602 housing market like?

As of September 2026

Typical home value

$1.95M

0.7%YoY

Median list price

$2.69M

2.2%MoM

Days on market

2.0%MoM

Homes for sale

8.8%MoM

Price cuts

24.1%

62.0%MoM

New listings

31.2%MoM

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

The outlook

92602 housing market forecast 2027

+1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 92602 to rise 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 92602 fell 0.7%, per the Zillow Home Value Index.

Will home prices drop in 92602?

Zillow's forecast does not call for a drop: it expects typical home values in 92602 to rise 1.2% by September 2027, after a 0.7% decline 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.

Free home value report

See what your 92602 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 92602 home prices compare?

92602$1,946,132
Irvine$1,422,892
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 (Irvine: 9 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

Irvine's 92602 ZIP has 83 homes for sale, with 22 new listings added in September 2026. About one quarter of listings, specifically 24.1%, have seen price reductions. The median time on market of 52 days suggests moderate buyer activity, though not rapid absorption. The decline in typical home value over the past year reflects softer demand in this segment of the market. Sellers should expect longer marketing timelines and be prepared for negotiation.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $389,226

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in 92602?

Typical home value in Irvine's 92602 ZIP is $1,946,132, down 0.7% over the past year as of September 2026.

How many homes are currently listed for sale in 92602?

There are 83 homes for sale in 92602 as of September 2026, with 22 new listings added that month.

How long do homes typically stay on the market in 92602?

Homes in this ZIP spend a median of 52 days on market, as of September 2026.

Discover

Nearby ZIP markets.

Keep reading