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Irvine Business Complex Tustin Legacy Walnut Village Westpark Westpark II

IRVINE, CA 92606

Real Estate Market Report  ·  Orange County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 92606

Irvine Business Complex · Tustin Legacy · Walnut Village · Westpark · Westpark II

Market Analysis

Data as of March 2026. Source: Realtor.com.

The IRVINE, CA real estate market (92606) currently shows 21 active listings, with 11 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 37 days on market compared to 19 days last year.

The median listing price has fallen 6.6% year-over-year, from $1,404,950 to $1,312,800.

Whether you are buying or selling in IRVINE, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 24,431  ·  Density: 2,733.3/mi²  ·  Median household income: $128,580

Typical home value: $946,182  ·  Homeownership: 36.2%

Market Overview

Active Listings
21
⇧ 10.5% vs 19 last year
Pending
11
52% pending ratio
Median Price
$1,312,800
⇩ 6.6% vs $1,404,950 last year
Average Price
$1,342,996
⇩ 4% vs $1,399,441 last year
Days on Market
37
⇧ 94.7% vs 19 days last year

Price Per Square Foot

Median $/sqft
$841
⇧ 6.1% vs $793/sqft last year
Median Home Size
1,617 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 19 last year
  • Days on market: 37 now vs 19 last year

Median & Average Pricing

Year over Year
  • Median: $1,312,800 (-6.6% YoY)
  • Average: $1,342,996 (-4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.9 miles — 628 listings ($2,080,159,754 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
92606Irvine, CA 926060.0 mi20$26,102,320$1,096,750$1,305,116
92614Irvine, CA 926141.7 mi42$49,657,020$1,049,500$1,182,310
92780Tustin, CA 927802.7 mi50$57,447,500$1,095,945$1,148,950
92620Irvine, CA 926203.2 mi87$170,784,828$1,907,222$1,963,044
92705Santa Ana, CA 927053.9 mi72$167,492,736$1,781,250$2,326,288
92603Irvine, CA 926034.9 mi36$129,253,680$2,999,000$3,590,380
92602Irvine, CA 926025.2 mi73$250,959,254$2,923,750$3,437,798
92704Santa Ana, CA 927045.7 mi62$51,726,848$716,000$834,304
92706Santa Ana, CA 927066.1 mi25$29,846,875$1,195,000$1,193,875
92703Santa Ana, CA 927036.4 mi36$28,969,164$798,750$804,699
92657Newport Coast, CA 926577.2 mi60$981,068,340$12,056,250$16,351,139
92869Orange, CA 928697.3 mi57$97,291,989$1,367,450$1,706,877
92662Newport Beach, CA 926627.9 mi8$39,559,200$4,980,000$4,944,900

Frequently Asked Questions

How many homes are for sale in IRVINE, CA 92606?

As of March 2026, there are 21 active listings in IRVINE, CA (zip code 92606), compared to 19 the prior year.

What is the median home price in IRVINE, CA 92606?

The median listing price in IRVINE, CA 92606 is $1,312,800 as of March 2026, a 6.6% decrease from $1,404,950 the prior year.

How long do homes stay on the market in IRVINE, CA?

Homes in IRVINE, CA 92606 spend an average of 37 days on the market before going under contract, compared to 19 days the prior year.

Is it a seller's or buyer's market in IRVINE, CA 92606?

Based on current inventory and days-on-market data as of March 2026, IRVINE, CA 92606 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 37 days on market compared to 19 days last year.

How much can I save on real estate commission in IRVINE, CA?

With SELL123.com's maximum 3% commission, sellers in IRVINE, CA 92606 save an estimated $26,256 compared to a typical 5% commission on the median listing price of $1,312,800. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.