The median housing value in 92618 Irvine, CA is $1,205,900, which is significantly higher than the US median home value of $338,100. Over the past year, the US appreciation rate for houses was 8.27%, while the appreciation rate for houses in this area was 14.67%. This demonstrates that homes in this area are increasing in value at a much faster rate than elsewhere around the country. It's no surprise that 92618 Irvine, CA is a desirable place to live and invest in real estate.
The median home cost in Irvine (zip 92618) is $1,205,900. Home appreciation the last 10 years has been 109.2%. Home Appreciation in Irvine (zip 92618) is up 22.3%.
Average Age of Homes
- The median age of Irvine (zip 92618) real estate is 9 years old
The Rental Market in Irvine (zip 92618)
- Renters make up 56.5% of the Irvine (zip 92618) population
- 1.9% of houses and apartments in Irvine (zip 92618), 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.