The story of this market
The typical home in ZIP 92614 sells for about $1,102,173, or $791 per square foot.
Prices are down 11.3% from a year ago, which gives buyers more room to negotiate. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $2,944 a month.
ZIP 92614 — Irvine
The housing market in 92614 is currently experiencing a cooling phase, characterized by a double-digit decline in median sale prices compared to the previous year. While demand remains present, the increase in days on market suggests a shift toward a more balanced environment for buyers. These trends are largely driven by broader economic adjustments and interest rate sensitivity in the Orange County region.
This ZIP is ideal for families and professionals seeking a master-planned environment with high-quality schools, convenient access to major employment hubs, and a suburban lifestyle.
Median prices moved down 11.3% year over year.
Homes spend a median of 40 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 15.1% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 92614, Orange County CA
The area is served by the highly-rated Irvine Unified School District, which is known for its strong academic performance and high college-readiness metrics.
Irvine is a major economic hub in Orange County, anchored by a diverse mix of technology, medical device, and education sectors with ongoing master-planned development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Residents in 92614 benefit from proximity to major employment centers in Irvine and the broader Orange County area, with easy access to the I-405 and I-5 freeways.
The area features extensive access to community parks, walking trails, and proximity to major shopping centers like the Irvine Spectrum and South Coast Plaza.
The rental market remains robust with high demand driven by the area's proximity to major employers and the University of California, Irvine.
The local economy is driven by a strong concentration of technology, research, and education institutions, including the University of California, Irvine.
The area is well-connected via the I-405 and I-5 corridors, with public transit options provided by the Orange County Transportation Authority.
Ongoing development in Irvine continues to focus on mixed-use residential and commercial projects within the city's master-planned framework.
The Orange County Assessor's office manages property valuations in accordance with state-mandated assessment practices.
Parcels in this area are subject to standard municipal and county taxes, with potential additional assessments for local school and utility districts.
Data sourced from Census Reporter and ACS 2024 profiles.
- Disneyland Park4.610.2 mi
- Knott's Berry Farm4.614.7 mi
- Disney California Adventure Park4.79.8 mi
- Great Wolf Lodge | Southern California4.48.1 mi
- Disneyland Resort4.710.2 mi
- Angel Stadium4.68.6 mi
- Anaheim Convention Center4.59.5 mi
- Honda Center4.68.9 mi
- The Source OC4.215.4 mi
- OC Fair & Event Center4.44.1 mi
- Disneyland Park4.610.2 mi
- Downtown Disney District4.610.1 mi
- Disney California Adventure Park4.79.8 mi
- Honda Center4.68.9 mi
- Newport Beach Pier4.77.6 mi
- Discovery Cube Orange County4.46.3 mi
- Mission San Juan Capistrano4.815.9 mi
- Richard Nixon Presidential Library & Museum4.814.3 mi
- UC Irvine Langson Orange County Museum of Art | Costa Mesa4.42.8 mi
- Bowers Museum4.75.9 mi
- Great Park4.65.3 mi
- Irvine Regional Park4.89 mi
- Crystal Cove State Park4.87.3 mi
- Santa Ana Zoo4.14.2 mi
- Mile Square Regional Park4.76.5 mi
- Newport Dunes Waterfront Resort & Marina4.45.8 mi
- Balboa Bay Club4.76.6 mi
- Balboa Yacht Club4.86.2 mi
- Newport Harbor Yacht Club4.76.9 mi
- Bahia Corinthian Yacht Club4.76 mi
- Pelican Hill Golf Club4.66.8 mi
- Costa Mesa Country Club3.95.6 mi
- Strawberry Farms Golf Club4.53.2 mi
- Tustin Ranch Golf Club4.14.9 mi
- Anaheim Hills Golf Club4.211.6 mi
- South Coast Plaza4.63.2 mi
- The Outlets at Orange4.47.7 mi
- Downtown Disney District4.610.1 mi
- Fashion Island4.65.2 mi
- Irvine Spectrum Center4.65.7 mi
- John Wayne Airport4.62.1 mi
- Ontario International Airport4.529.1 mi
- Long Beach Airport4.620.4 mi
- Chino Airport4.723.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional outdoor shopping, dining, and entertainment destination.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.