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Market Intelligence · CA / Irvine

Irvine, CA 92620 Housing Market

The typical home in Irvine, CA 92620 is worth $1,622,926, down 2.6% over the past year as of September 2026. The median list price is $1,687,000, and homes are spending a median of 50 days on market.

Updated September 2026Median value$1623K

The median home value in Irvine, CA 92620 is $1.62M as of September 2026, down 2.6% 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 92620 range

$1.49M to $1.75M

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

-2.6% over 12 months

Typical home value in 92620 over the last 12 months: $1.67M in Sep 2025 to $1.62M in Sep 2026 (-2.6%).

Sep 2025$1.67M

Sep 2026$1.62M

The numbers

What is the 92620 housing market like?

Typical home value

$1.62M

Down2.6%YoY

Median list price

$1.69M

Down0.6%MoM

Days on market

50

Down5.7%MoM

Homes for sale

139

Up0.7%MoM

Price cuts

20.3%

Down18.0%MoM

New listings

68

Up54.5%MoM

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

The outlook

92620 housing market forecast 2027

+1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 92620 to rise 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 92620 fell 2.6%, per the Zillow Home Value Index.

Will home prices drop in 92620?

Zillow's forecast does not call for a drop: it expects typical home values in 92620 to rise 1.2% by September 2027, after a 2.6% 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.

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The comparison

How do 92620 home prices compare?

  • 92620$1,622,926
  • 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

As of September 2026, there are 139 homes for sale in 92620, with 68 new listings coming on during the period. The median list price sits at $1,687,000, while the typical home value is $1,622,926 and has declined 2.6% over the past year. Homes are taking a median of 50 days to sell, and 20.3% of listings have had a price cut. That combination points to a market that has cooled and gives buyers some room to negotiate. For a seller, pricing realistically from day one matters more than it did a year ago.

Monthly payment

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20% · $324,585

Common questions

What people ask us.

How much is a home in 92620 worth?

The typical home value in 92620 is $1,622,926, down 2.6% over the past year as of September 2026.

How fast are homes selling in 92620?

Homes in 92620 are spending a median of 50 days on market as of September 2026. There were 139 homes for sale and 68 new listings.

Are sellers cutting prices in 92620?

Yes. As of September 2026, 20.3% of listings in 92620 had a price cut.

Discover

Nearby ZIP markets.

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