The housing market in 92602 Irvine, CA is thriving at the moment. According to recent data, the median value of a house in this area is $1,449,200 - significantly higher than the US House Median Value of $338,100. In terms of appreciation, over the last year houses in 92602 Irvine have increased in value by 14.67%, much higher than the national average of 8.27%. This demonstrates how strongly this local housing market is performing and shows that this could be a great time for investors looking for real estate opportunities in this area.
The median home cost in Irvine (zip 92602) is $1,449,200. Home appreciation the last 10 years has been 109.2%. Home Appreciation in Irvine (zip 92602) is up 22.3%.
Average Age of Homes
- The median age of Irvine (zip 92602) real estate is 14 years old
The Rental Market in Irvine (zip 92602)
- Renters make up 49.7% of the Irvine (zip 92602) population
- 0.0% of houses and apartments in Irvine (zip 92602), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.