Garden Grove, CA—92844
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Garden Grove, CA
As of Oct '25, the median home price in Garden Grove, CA is $907,000, with a year-over-year change of 1.2%. This indicates that home prices in Garden Grove, CA are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $907,000 | 1.2% |
| Single Family | $966,000 | 0.5% |
| Condos | $616,000 | -0.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $622,000 | 0.2% |
3 Bed | $889,000 | 0.8% |
4 Bed | $1,052,000 | 0.1% |
| 5 Bed | $1,234,000 | -0.8% |
% of Housing Stock
Rental Trends — Garden Grove, CA
As of July '25, Rentcast reports the average rent in Garden Grove, CA is $2,550, with a year-over-year rent change of -9.6%. Per bedroom, the median rent as of July '25 in Garden Grove, CA is studios: $1,420, 1-bedrooms: $1,720, 2-bedrooms: $2,760, 3-bedrooms: $3,280. The most common rental property sizes in Garden Grove, CA are 2-bedroom and 3-bedroom, accounting for 49.6% and 19.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,650 | $2,550 |
| Studio Rent | $1,100 | $1,420 |
| 1 Bed Rent | $1,750 | $1,720 |
| 2 Bed Rent | $2,650 | $2,760 |
| 3 Bed Rent | $3,200 | $3,280 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Garden Grove, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Garden Grove, CA is 42. This is a increase of 48.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $697,000 | -11.0% |
Listing Count | 15 | 16.0% |
| Listings as % of Homes | 0.2% | 16.0% |
Days on Market | 42 | 48.0% |
Demographics — Garden Grove, CA
As of the latest ACS Survey released in 2023, Garden Grove, CA has a population of 22,700, which has decreased by -4.9% over the past 5 years. Garden Grove, CA is a moderately popular place for families, as children make up 18.8% of the population. The area has a poorly educated workforce, with 22.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,700 | -4.9% |
% Under 18 | 18.8% | -9.2% |
% Seniors | 16.8% | 21.7% |
% WFH | 6.6% | 164.0% |
% w/ College Degree | 22.0% | 2.8% |
As of the latest ACS Survey released in 2023, Garden Grove, CA is a predominantly asian area, with 56.8% of the population identifying as asian. The asian population has shrunk by 8.5% in the last 5 years. The second most common race or ethnicity in Garden Grove, CA is hispanic, making up 23.3% of the population. Foreign-born residents account for 51.7% of the population in Garden Grove, CA, and this percentage has decreased by 8.8% 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 | 12.7% | -2.3% |
% Black | 3.3% | 57.1% |
% Hispanic | 23.3% | 12.6% |
% Asian | 56.8% | -8.5% |
% Foreign Born | 51.7% | -8.8% |
Mortgage and Risk — Garden Grove, CA
According to HUD data as of 2023, there were 128 mortgage originations in Garden Grove, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Garden Grove, CA. Investor activity is low, as 9.0% of loans were by investors. 27.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 128 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 9.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 27.0% |
Loan Activity
Rentals and Section 8 — Garden Grove, CA
Garden Grove, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 681 |
Total Units Section 8 | 681 |
% Rentals under Section 8 | 16.5% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $470 | $1,750 | $2,220 |
| 2 Bedroom | -$30 | $2,650 | $2,620 |
| 3 Bedroom | $340 | $3,200 | $3,540 |
| 4 Bedroom | N/A | N/A | $4,240 |
Affordability — Garden Grove, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.6 |
| Median Home Price | $907,000 |
| Median Household Income | $73,600 |