Market Intelligence · CA / Irvine

Irvine, CA 92602 Housing Market

The typical home value in Irvine 92602 is $1,988,886, down 0.7% over the past year. The median list price stands at $2,714,500, with homes spending a median 45 days on market.

Updated August 2026Median value$1989K

The median home value in Irvine, CA 92602 is $1.99M as of August 2026, down 0.7% 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 92602 range

$1.83M to $2.15M

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

-0.7% over 12 months

Typical home value in 92602 over the last 12 months: $2M in Jul 2025 to $1.99M in Jul 2026 (-0.7%).

Jul 2025$2M

Jul 2026$1.99M

The numbers

What is the 92602 housing market like?

Typical home value

$1.99M

Down0.7%YoY

Median list price

$2.75M

Up1.3%MoM

Days on market

51

Up13.3%MoM

Homes for sale

91

Up5.8%MoM

Price cuts

14.9%

Up0.5%MoM

New listings

32

Up33.3%MoM

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

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The comparison

How do 92602 home prices compare?

  • 92602$1,988,886
  • Irvine$1,452,325
  • 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 (Irvine: 9 ZIPs; California: 1,543 ZIPs; United States: 26,266 ZIPs).

Context

Irvine 92602 has 86 homes for sale, with 24 new listings added recently. The median list price is $2,714,500, and homes are taking a median 45 days to sell. About 14.8% of listings have received a price cut, reflecting modest downward pressure. The typical home value of $1,988,886 is down 0.7% year over year. For sellers in this market, the modest value decline and steady pace of price reductions suggest caution before listing.

Monthly payment

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20% · $397,777

Human help

Licensed pros in 92602.

James Deokar

Primary seat

James Deokar

Lic #02200040 CA

James Deokar is an award-winning Orange County REALTOR® and founder of JD Signature Real Estate. Ranked #1 among 242 agents and two-time Rising Star Award recipient, James helps Irvine and Orange County homeowners determine their home's market value, prepare strategically, and sell with confidence. He combines neighborhood-level market analysis, targeted digital marketing, responsive communication, and strong negotiation to help sellers protect their equity and achieve the best possible result.

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