Tustin, CA92782

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,311,000
1.7% YoY Growth
Median Household Income
$143,000
27.8% 5-Year Growth
Days on Market
47
32.0% Longer than last year
Home Price Forecast
1.4%
Median Rent
$3,260
1.8% YoY Growth
1-Bed Rent
$2,740
0.4% YoY Growth
2-Bed Rent
$3,300
2.7% YoY Growth
3-Bed Rent
$4,200
0.0% YoY Growth

Other Zip Codes in Tustin, CA

Property Listings — Tustin, CA

As of Oct '25, Realtor.com reports that the median days on market for a home in Tustin, CA is 47. This is a increase of 32.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,280,000-18.0%
Listing Count
5127.0%
Listings as % of Homes0.2%27.0%
Days on Market
4732.0%
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Demographics — Tustin, CA

As of the latest ACS Survey released in 2023, Tustin, CA has a population of 29,900, which has increased by 31.9% over the past 5 years. Tustin, CA is a moderately popular place for families, as children make up 23.3% of the population. The area has a highly educated workforce, with 65.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
29,90031.9%
% Under 18
23.3%-7.9%
% Seniors
13.3%37.1%
% WFH
19.6%243.9%
% w/ College Degree
65.9%-0.8%
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As of the latest ACS Survey released in 2023, Tustin, CA is a predominantly asian area, with 42.0% of the population identifying as asian. The asian population has grown by 7.1% in the last 5 years. The second most common race or ethnicity in Tustin, CA is white, making up 33.0% of the population. Foreign-born residents account for 30.3% of the population in Tustin, CA, and this percentage has decreased by 6.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
33.0%-11.5%
% Black
2.1%0.0%
% Hispanic
17.6%0.6%
% Asian
42.0%7.1%
% Foreign Born
30.3%-6.5%
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Mortgage and Risk — Tustin, CA

According to HUD data as of 2023, there were 311 mortgage originations in Tustin, CA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Tustin, CA. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
311
% Conventional Loans
97.0%
% Government Loans
3.0%
% Investor Loans
1.0%
% Second Loans
4.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Tustin, CA

As of 2024, the percent of homes in Tustin, CA under the Section 8 program is 4.4%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Tustin, CA, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
184
Total Units Section 8
184
% Rentals under Section 8
4.4%
% Occupied Section 8
83.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$190$2,740$2,930
2 Bedroom$170$3,300$3,470
3 Bedroom$490$4,200$4,690
4 Bedroom-$390$6,000$5,610

Affordability — Tustin, CA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio7.5
Median Home Price$1,311,000
Median Household Income$143,000

Tustin, CA — ZIP Code Boundary Map

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Frequently Asked Questions