Irvine, CA—92617
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Irvine, CA
As of Oct '25, the median home price in Irvine, CA is $813,000, with a year-over-year change of -1.9%. This indicates that home prices in Irvine, CA are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $813,000 | -1.9% |
| Single Family | $812,000 | -2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $403,000 | -2.2% |
3 Bed | $723,000 | -5.5% |
4 Bed | $925,000 | -3.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Irvine, CA
As of July '25, Rentcast reports the average rent in Irvine, CA is $6,800, with a year-over-year rent change of 44.7%. Per bedroom, the median rent as of July '25 in Irvine, CA is 4-bedrooms: $6,800. The most common rental property sizes in Irvine, CA are 2-bedroom and 3-bedroom, accounting for 44.7% and 19.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $6,800 | $6,800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $6,800 | $6,800 |
% of Rental Stock
Property Listings — Irvine, CA
Irvine, CA lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | N/A | N/A |
Days on Market | N/A | N/A |
Demographics — Irvine, CA
As of the latest ACS Survey released in 2023, Irvine, CA has a population of 22,200, which has increased by 29.8% over the past 5 years. Irvine, CA is a less popular place for families, as children make up 9.7% of the population. The area has a highly educated workforce, with 82.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,200 | 29.8% |
% Under 18 | 9.7% | 32.9% |
% Seniors | 2.7% | 8.0% |
% WFH | 20.5% | 400.0% |
% w/ College Degree | 82.7% | -5.8% |
As of the latest ACS Survey released in 2023, Irvine, CA is a predominantly asian area, with 34.5% of the population identifying as asian. The asian population has grown by 0.9% in the last 5 years. The second most common race or ethnicity in Irvine, CA is white, making up 28.8% of the population. Foreign-born residents account for 25.4% of the population in Irvine, CA, and this percentage has decreased by 9.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 28.8% | -18.4% |
% Black | 6.1% | 205.0% |
% Hispanic | 20.8% | -13.3% |
% Asian | 34.5% | 0.9% |
% Foreign Born | 25.4% | -9.3% |
Mortgage and Risk — Irvine, CA
According to HUD data as of 2023, there were 12 mortgage originations in Irvine, CA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 22.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Irvine, CA. Investor activity is low, as 0.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 12 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 25.0% |
Loan Activity
Rentals and Section 8 — Irvine, CA
Irvine, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,110 |
| 2 Bedroom | N/A | N/A | $2,510 |
| 3 Bedroom | N/A | N/A | $3,400 |
| 4 Bedroom | -$2,770 | $6,800 | $4,030 |
Affordability — Irvine, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9 |
| Median Home Price | $813,000 |
| Median Household Income | $80,200 |