Costa Mesa, CA—92627
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 $1,313,000, with a year-over-year change of 3.4%. This indicates that home prices in Costa Mesa, CA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,313,000 | 3.4% |
| Single Family | $1,455,000 | 3.3% |
| Condos | $915,000 | 3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $1,016,000 | 9.1% |
2 Bed | $984,000 | 2.0% |
3 Bed | $1,310,000 | 3.4% |
4 Bed | $1,798,000 | 3.6% |
| 5 Bed | $2,295,000 | 3.0% |
% of Housing Stock
Rental Trends — Costa Mesa, CA
As of July '25, Rentcast reports the average rent in Costa Mesa, CA is $4,010, with a year-over-year rent change of -1.5%. Per bedroom, the median rent as of July '25 in Costa Mesa, CA is studios: $2,090, 1-bedrooms: $2,330, 2-bedrooms: $3,600, 3-bedrooms: $5,020, 4-bedrooms: $6,910. The most common rental property sizes in Costa Mesa, CA are 2-bedroom and 1-bedroom, accounting for 46.7% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,600 | $4,010 |
| Studio Rent | $2,140 | $2,090 |
| 1 Bed Rent | $2,300 | $2,330 |
| 2 Bed Rent | $3,450 | $3,600 |
| 3 Bed Rent | $4,950 | $5,020 |
| 4 Bed Rent | $6,800 | $6,910 |
% 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 47. This is a increase of 20.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,690,000 | 17.0% |
Listing Count | 77 | -3.0% |
| Listings as % of Homes | 0.2% | -3.0% |
Days on Market | 47 | 20.0% |
Demographics — Costa Mesa, CA
As of the latest ACS Survey released in 2023, Costa Mesa, CA has a population of 60,800, which has decreased by -3.9% over the past 5 years. Costa Mesa, CA is a moderately popular place for families, as children make up 19.6% of the population. The area has a moderately educated workforce, with 41.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 60,800 | -3.9% |
% Under 18 | 19.6% | -11.3% |
% Seniors | 12.3% | 25.5% |
% WFH | 20.9% | 242.6% |
% w/ College Degree | 41.7% | 14.9% |
As of the latest ACS Survey released in 2023, Costa Mesa, CA is a predominantly white area, with 48.0% of the population identifying as white. The white population has grown by 0.8% in the last 5 years. The second most common race or ethnicity in Costa Mesa, CA is hispanic, making up 41.1% of the population. Foreign-born residents account for 22.1% of the population in Costa Mesa, CA, and this percentage has decreased by 17.5% 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 | 48.0% | 0.8% |
% Black | 1.0% | 42.9% |
% Hispanic | 41.1% | -8.5% |
% Asian | 4.7% | 34.3% |
% Foreign Born | 22.1% | -17.5% |
Mortgage and Risk — Costa Mesa, CA
According to HUD data as of 2023, there were 462 mortgage originations in Costa Mesa, CA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Costa Mesa, CA. Investor activity is low, as 6.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 462 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
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 3.5%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Costa Mesa, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 483 |
Total Units Section 8 | 482 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 86.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $30 | $2,300 | $2,330 |
| 2 Bedroom | -$690 | $3,450 | $2,760 |
| 3 Bedroom | -$1,220 | $4,950 | $3,730 |
| 4 Bedroom | -$2,340 | $6,800 | $4,460 |
Affordability — Costa Mesa, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.6 |
| Median Home Price | $1,313,000 |
| Median Household Income | $105,000 |