The story of this market
The typical home in ZIP 92617 sells for about $1,250,000, or $850 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $3,800 a month.
ZIP 92617 — Irvine
The 92617 housing market remains highly competitive, driven by its proximity to the University of California, Irvine and a strong local economy. While inventory remains tight, demand from both students and professionals continues to support price appreciation. Figures for specific monthly sales counts and active inventory are currently being updated by local associations.
This area is ideal for university-affiliated professionals, students, and families seeking proximity to top-tier schools and a high-amenity suburban environment.
Median prices moved up 4.2% year over year.
Homes spend a median of 35 days on market with 3.8 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 12.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 92617, Orange County CA
Irvine consistently ranks as one of the safest cities of its size in the United States, with crime rates significantly lower than both the California and national averages.
The area is served by the highly-rated Irvine Unified School District, known for its strong academic performance and high college-readiness metrics.
The region faces moderate wildfire risk in wildland-urban interface areas and standard seismic risk common to Southern California; flood risk is generally low.
The area benefits from proximity to the University of California, Irvine (UCI) and the Irvine Spectrum, a major hub for technology, medical device, and professional services firms.
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%). County (Orange County, California) — Ad Valorem Property Tax (Base Rate): The base property tax rate is 1% of the assessed value as mandated by California Proposition 13, plus additional voter-approved local levies, resulting in an effective rate typically ranging from 1.1% to 1.3%.
Residents have convenient access to the I-405 and SR-73 toll road, providing direct routes to major employment centers in Orange County and the greater Los Angeles area.
The ZIP features extensive access to the San Joaquin Marsh Reserve, William R. Mason Regional Park, and proximity to Newport Beach's coastal amenities and shopping at University Center.
The rental market is heavily influenced by the large student population at UCI, resulting in high demand for multi-family units and consistent occupancy rates.
The economy is anchored by the University of California, Irvine, and a robust cluster of technology, life sciences, and professional services companies in the surrounding Irvine business parks.
The area is served by the OCTA bus system and is near the John Wayne Airport, with major highway access via the I-405 and SR-73.
Ongoing development focuses on mixed-use residential and commercial projects near the university and the expansion of the Irvine business corridor.
The Orange County Assessor manages property valuations based on the purchase price and the 2% annual inflation cap mandated by state law.
Parcels are subject to Irvine Unified School District taxes and various Mello-Roos community facilities districts for infrastructure maintenance.
Property insurance premiums are rising due to regional wildfire risk, though the area's high-quality fire protection services help mitigate some costs.
Data retrieved from US Census Bureau ZCTA 92617 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Disneyland Park4.612.9 mi
- Knott's Berry Farm4.617 mi
- Disney California Adventure Park4.712.5 mi
- Great Wolf Lodge | Southern California4.410.7 mi
- Disneyland Resort4.712.9 mi
- Angel Stadium4.611.5 mi
- Anaheim Convention Center4.512.2 mi
- Honda Center4.611.9 mi
- The Source OC4.217.8 mi
- OC Fair & Event Center4.44.2 mi
- Disneyland Park4.612.9 mi
- Downtown Disney District4.612.8 mi
- Disney California Adventure Park4.712.5 mi
- Honda Center4.611.9 mi
- Newport Beach Pier4.75.8 mi
- Discovery Cube Orange County4.49.3 mi
- Mission San Juan Capistrano4.813.8 mi
- Richard Nixon Presidential Library & Museum4.817.4 mi
- UC Irvine Langson Orange County Museum of Art | Costa Mesa4.44.5 mi
- Bowers Museum4.78.8 mi
- Great Park4.65.9 mi
- Irvine Regional Park4.811.8 mi
- Crystal Cove State Park4.84.4 mi
- Santa Ana Zoo4.17.3 mi
- Mile Square Regional Park4.78 mi
- Newport Dunes Waterfront Resort & Marina4.43.5 mi
- Dana Point Harbor4.814.8 mi
- Long Beach Yacht Club4.717.8 mi
- Balboa Bay Club4.74.7 mi
- Balboa Yacht Club4.83.6 mi
- Pelican Hill Golf Club4.63.7 mi
- Costa Mesa Country Club3.95.7 mi
- Strawberry Farms Golf Club4.52.5 mi
- Tustin Ranch Golf Club4.17.6 mi
- The Ranch at Laguna Beach4.610 mi
- South Coast Plaza4.64.7 mi
- The Outlets at Orange4.410.5 mi
- Downtown Disney District4.612.8 mi
- Fashion Island4.62.7 mi
- Irvine Spectrum Center4.65.4 mi
- John Wayne Airport4.63.1 mi
- Long Beach Airport4.621.8 mi
- Chino Airport4.726 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major anchor institution and research hub.
Large park featuring trails, lakes, and picnic areas.
Significant wetland area for birdwatching and hiking.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.