Costa Mesa, CA—92626
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Costa Mesa, CA
Home Price Trends — Costa Mesa, CA
As of Oct '25, the median home price in Costa Mesa, CA is $1,371,000, with a year-over-year change of 1.2%. This indicates that home prices in Costa Mesa, CA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,371,000 | 1.2% |
| Single Family | $1,404,000 | 0.6% |
| Condos | $777,000 | -0.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $768,000 | 0.9% |
3 Bed | $1,291,000 | 0.7% |
4 Bed | $1,474,000 | 0.5% |
| 5 Bed | $1,706,000 | -0.1% |
% of Housing Stock
Rental Trends — Costa Mesa, CA
As of July '25, Rentcast reports the average rent in Costa Mesa, CA is $3,290, with a year-over-year rent change of -16.7%. Per bedroom, the median rent as of July '25 in Costa Mesa, CA is studios: $2,540, 1-bedrooms: $2,660, 2-bedrooms: $3,330, 3-bedrooms: $4,770, 4-bedrooms: $5,520. The most common rental property sizes in Costa Mesa, CA are 2-bedroom and 1-bedroom, accounting for 42.4% and 28.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,100 | $3,290 |
| Studio Rent | $2,660 | $2,540 |
| 1 Bed Rent | $2,740 | $2,660 |
| 2 Bed Rent | $3,400 | $3,330 |
| 3 Bed Rent | $4,500 | $4,770 |
| 4 Bed Rent | $5,500 | $5,520 |
% of Rental Stock
Property Listings — Costa Mesa, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Costa Mesa, CA is 60. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,600,000 | 0.0% |
Listing Count | 54 | -5.0% |
| Listings as % of Homes | 0.2% | -5.0% |
Days on Market | 60 | 1.0% |
Demographics — Costa Mesa, CA
As of the latest ACS Survey released in 2023, Costa Mesa, CA has a population of 50,600, which has remained stable by 0.1% over the past 5 years. Costa Mesa, CA is a moderately popular place for families, as children make up 18.2% of the population. The area has a highly educated workforce, with 46.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 50,600 | 0.1% |
% Under 18 | 18.2% | 0.6% |
% Seniors | 13.6% | 14.3% |
% WFH | 19.4% | 155.3% |
% w/ College Degree | 46.3% | 4.0% |
As of the latest ACS Survey released in 2023, Costa Mesa, CA is a predominantly white area, with 47.7% of the population identifying as white. The white population has shrunk by 9.8% in the last 5 years. The second most common race or ethnicity in Costa Mesa, CA is hispanic, making up 30.3% of the population. Foreign-born residents account for 23.3% of the population in Costa Mesa, CA, and this percentage has increased by 5.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 47.7% | -9.8% |
% Black | 2.3% | -32.4% |
% Hispanic | 30.3% | 22.2% |
% Asian | 13.7% | -5.5% |
% Foreign Born | 23.3% | 5.9% |
Mortgage and Risk — Costa Mesa, CA
According to HUD data as of 2023, there were 407 mortgage originations in Costa Mesa, CA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Costa Mesa, CA. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 407 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Costa Mesa, CA
As of 2024, the percent of homes in Costa Mesa, CA under the Section 8 program is 2.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Costa Mesa, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 250 |
Total Units Section 8 | 249 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $2,740 | $2,690 |
| 2 Bedroom | -$220 | $3,400 | $3,180 |
| 3 Bedroom | -$200 | $4,500 | $4,300 |
| 4 Bedroom | -$360 | $5,500 | $5,140 |
Affordability — Costa Mesa, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.9 |
| Median Home Price | $1,371,000 |
| Median Household Income | $118,000 |