Zip 92603 (Irvine, CA) Housing

The housing market in 92603 Irvine, CA is thriving. The median value of a house in the area is $1,743,100, which is significantly higher than the US median house value of $338,100. Furthermore, while the US median house appreciation rate was 8.27% over the past year, Irvine saw an impressive 14.67% appreciation rate for its homes during that same period. This reflects an overall trend of strong and sustained growth in the city's residential real estate sector.

The median home cost in Irvine (zip 92603) is $1,743,100. Home appreciation the last 10 years has been 109.2%. Home Appreciation in Irvine (zip 92603) is up 22.3%.

Average Age of Homes

- The median age of Irvine (zip 92603) real estate is 20 years old

The Rental Market in Irvine (zip 92603)

- Renters make up 32.9% of the Irvine (zip 92603) population
- 2.2% of houses and apartments in Irvine (zip 92603), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Irvine, California	United States
	8,027.0	139,647,020.0
	21	42
	$1,743,100	$338,100
	22.3%	16.6%
	48.3%	57.0%
	109.2%	101.1%
	$7.19	$10.98
	$10,001	$2,690
	52.6%	57.4%
	11.2%	11.2%
	36.2%	31.4%
Vacant Housing
	2.2%	1.9%
	1.3%	0.4%
	2.1%	0.7%
	5.1%	0.4%
	0.4%	3.6%
	0.2%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.6%	4.5%
	0.1%	11.3%
	0.0%	13.0%
	0.3%	20.1%
	0.8%	13.6%
	0.0%	8.3%
	14.8%	9.7%
	15.4%	3.9%
	24.8%	2.2%
	17.0%	0.8%
	25.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	46.9%	13.6%
	46.9%	13.6%
	11.8%	13.6%
	11.4%	13.2%
	19.8%	14.8%
	11.8%	13.6%
	1.7%	10.0%
	0.0%	4.7%
	0.5%	12.2%

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