North Tustin, CA—92705
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Tustin, CA
As of Oct '25, the median home price in North Tustin, CA is $1,537,000, with a year-over-year change of 1.7%. This indicates that home prices in North Tustin, CA are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,537,000 | 1.7% |
| Single Family | $1,644,000 | 1.0% |
| Condos | $541,000 | -1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $513,000 | -1.2% |
2 Bed | $605,000 | -1.8% |
3 Bed | $1,332,000 | 1.7% |
4 Bed | $1,695,000 | 0.9% |
| 5 Bed | $2,249,000 | 1.4% |
% of Housing Stock
Rental Trends — North Tustin, CA
As of July '25, Rentcast reports the average rent in North Tustin, CA is $3,590, with a year-over-year rent change of 1.4%. Per bedroom, the median rent as of July '25 in North Tustin, CA is studios: $2,180, 1-bedrooms: $2,540, 2-bedrooms: $3,400, 3-bedrooms: $5,040, 4-bedrooms: $5,150. The most common rental property sizes in North Tustin, CA are 1-bedroom and 2-bedroom, accounting for 38.9% and 34.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,090 | $3,590 |
| Studio Rent | $2,010 | $2,180 |
| 1 Bed Rent | $2,510 | $2,540 |
| 2 Bed Rent | $3,170 | $3,400 |
| 3 Bed Rent | $4,950 | $5,040 |
| 4 Bed Rent | $4,750 | $5,150 |
% of Rental Stock
Property Listings — North Tustin, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in North Tustin, CA is 67. This is a increase of 33.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,930,000 | 5.0% |
Listing Count | 80 | 16.0% |
| Listings as % of Homes | 0.3% | 16.0% |
Days on Market | 67 | 33.0% |
Demographics — North Tustin, CA
As of the latest ACS Survey released in 2023, North Tustin, CA has a population of 48,700, which has increased by 4.8% over the past 5 years. North Tustin, CA is a moderately popular place for families, as children make up 23.5% of the population. The area has a highly educated workforce, with 46.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 48,700 | 4.8% |
% Under 18 | 23.5% | -0.4% |
% Seniors | 16.0% | -3.6% |
% WFH | 17.2% | 156.7% |
% w/ College Degree | 46.5% | 13.1% |
As of the latest ACS Survey released in 2023, North Tustin, CA is a predominantly hispanic area, with 48.2% of the population identifying as hispanic. The hispanic population has grown by 17.3% in the last 5 years. The second most common race or ethnicity in North Tustin, CA is white, making up 34.5% of the population. Foreign-born residents account for 24.9% of the population in North Tustin, CA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 34.5% | -24.3% |
% Black | 1.3% | -43.5% |
% Hispanic | 48.2% | 17.3% |
% Asian | 11.5% | 23.7% |
% Foreign Born | 24.9% | 0.0% |
Mortgage and Risk — North Tustin, CA
According to HUD data as of 2023, there were 438 mortgage originations in North Tustin, CA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 39.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in North Tustin, CA. Investor activity is low, as 1.0% 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 | 438 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — North Tustin, CA
As of 2024, the percent of homes in North Tustin, CA under the Section 8 program is 5.4%. 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 North Tustin, 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 | 311 |
Total Units Section 8 | 311 |
% Rentals under Section 8 | 5.4% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$210 | $2,510 | $2,300 |
| 2 Bedroom | -$450 | $3,170 | $2,720 |
| 3 Bedroom | -$1,270 | $4,950 | $3,680 |
| 4 Bedroom | -$350 | $4,750 | $4,400 |
Affordability — North Tustin, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.3 |
| Median Home Price | $1,537,000 |
| Median Household Income | $126,000 |