The housing market in 92614 Irvine, CA is booming compared to the rest of the nation. The median value of a house in 92614 Irvine, CA is $998,500 whereas the US median house value is $338,100. Not only that, but the one year appreciation of houses in 92614 Irvine, CA is 14.67%, significantly higher than the US one year appreciation rate of 8.27%. This shows that those looking to buy or invest in a property in 92614 Irvine, CA will likely see a great return on their investment!
The median home cost in Irvine (zip 92614) is $998,500. Home appreciation the last 10 years has been 109.2%. Home Appreciation in Irvine (zip 92614) is up 22.3%.
Average Age of Homes
- The median age of Irvine (zip 92614) real estate is 32 years old
The Rental Market in Irvine (zip 92614)
- Renters make up 48.6% of the Irvine (zip 92614) population
- 2.5% of houses and apartments in Irvine (zip 92614), 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.