Market data

Finances of Orange County Real Estate, City by City

Twenty-six years of home values for every city, where the appreciation and the rent have paid best, which cities let you rent a home out, what sold in the last year and how fast, and what owning really costs each month. Built for someone deciding whether to buy here and where. Hover any chart for the numbers; click any table heading to sort; the detail tables are folded up until you want them.

Median sale price, last 12 months$1,210,000middle half $850,000 – $1,700,000 · 20,221 closings through September 2026
Appreciation vs. the U.S. average1.1×6.6% vs. 6.0% a year over the last 10 years · since 2000, 4.5× vs. 3×
Yearly appreciation, last 10 years6.6%+89% in total · flat over the last year
30-year mortgage rate6.74%September 2026 average · typical city rent $3,122/mo

The track record: home values since 2000, city by city

Pick any cities and a home type; the three charts and the tables follow (rents are all homes, since Zillow does not split them by type). Hover a chart for every selected city's value at that point.

Cities (pick as many as you like)
Home type
Typical home value, 2015 to July 2026.
$0$1M$2M$3M$4M201520162017201820192020202120222023202420252026IrvineNewport BeachHuntington BeachSanta AnaIrvineIrvine, Jul 2026: typical value $1,517,431Irvine $1.52MNewport BeachNewport Beach, Jul 2026: typical value $3,724,083Newport Beach $3.72MHuntington BeachHuntington Beach, Jul 2026: typical value $1,367,647Huntington Beach $1.37MSanta AnaSanta Ana, Jul 2026: typical value $869,263Santa Ana $869K
Typical rent, 2015 to July 2026.
$0$2K$4K$6K201520162017201820192020202120222023202420252026IrvineNewport BeachHuntington BeachSanta AnaIrvineIrvine, Jul 2026: typical rent $3,465Irvine $3KNewport BeachNewport Beach, Jul 2026: typical rent $4,267Newport Beach $4KHuntington BeachHuntington Beach, Jul 2026: typical rent $3,076Huntington Beach $3KSanta AnaSanta Ana, Jul 2026: typical rent $2,781Santa Ana $3K
Rent as a share of price, 2015 to July 2026. A year's typical rent divided by the typical home value: the higher the line, the more of the price the rent covers, so this is where the cheaper cities show their value. Hover for the rent and value behind each point.
0%2%4%6%201520162017201820192020202120222023202420252026IrvineNewport BeachHuntington BeachSanta AnaIrvineIrvine, Jul 2026: 2.74% ($41,580 a year on $1,517,431)Irvine 2.74% ($41,580 a year on $1,517,431)Newport BeachNewport Beach, Jul 2026: 1.37% ($51,204 a year on $3,724,083)Newport Beach 1.37% ($51,204 a year on $3,724,083)Huntington BeachHuntington Beach, Jul 2026: 2.70% ($36,912 a year on $1,367,647)Huntington Beach 2.70% ($36,912 a year on $1,367,647)Santa AnaSanta Ana, Jul 2026: 3.84% ($33,372 a year on $869,263)Santa Ana 3.84% ($33,372 a year on $869,263)
Housing units added since 2015. Hover for the count and the percentage. Most cities are built out: all of Orange County added 200,545 homes (20.7%) since 2000, half of it in Irvine, Anaheim and Lake Forest.
010,00020,00030,00040,0002015201720192021202320252026IrvineNewport BeachHuntington BeachSanta AnaIrvineIrvine, January 2015: 0 units (0.0%)Irvine, January 2016: 3,229 units (+3.3%)Irvine, January 2017: 7,663 units (+7.8%)Irvine, January 2018: 12,435 units (+12.7%)Irvine, January 2019: 16,793 units (+17.2%)Irvine, January 2020: 21,384 units (+21.9%)Irvine, January 2021: 22,790 units (+23.3%)Irvine, January 2022: 25,565 units (+26.1%)Irvine, January 2023: 27,380 units (+28.0%)Irvine, January 2024: 28,693 units (+29.3%)Irvine, January 2025: 30,322 units (+31.0%)Irvine, January 2026: 31,597 units (+32.3%)Irvine 31,597 units (+32.3%)Newport BeachNewport Beach, January 2015: 0 units (0.0%)Newport Beach, January 2016: -73 units (-0.2%)Newport Beach, January 2017: -105 units (-0.2%)Newport Beach, January 2018: 448 units (+1.0%)Newport Beach, January 2019: 452 units (+1.0%)Newport Beach, January 2020: 947 units (+2.1%)Newport Beach, January 2021: 903 units (+2.0%)Newport Beach, January 2022: 911 units (+2.1%)Newport Beach, January 2023: 1,003 units (+2.3%)Newport Beach, January 2024: 1,041 units (+2.4%)Newport Beach, January 2025: 1,063 units (+2.4%)Newport Beach, January 2026: 1,092 units (+2.5%)Newport Beach 1,092 units (+2.5%)Huntington BeachHuntington Beach, January 2015: 0 units (0.0%)Huntington Beach, January 2016: 885 units (+1.1%)Huntington Beach, January 2017: 1,381 units (+1.7%)Huntington Beach, January 2018: 1,746 units (+2.2%)Huntington Beach, January 2019: 2,517 units (+3.1%)Huntington Beach, January 2020: 2,656 units (+3.3%)Huntington Beach, January 2021: 2,747 units (+3.4%)Huntington Beach, January 2022: 2,846 units (+3.6%)Huntington Beach, January 2023: 2,936 units (+3.7%)Huntington Beach, January 2024: 3,048 units (+3.8%)Huntington Beach, January 2025: 3,270 units (+4.1%)Huntington Beach, January 2026: 3,507 units (+4.4%)Huntington Beach 3,507 units (+4.4%)Santa AnaSanta Ana, January 2015: 0 units (0.0%)Santa Ana, January 2016: 141 units (+0.2%)Santa Ana, January 2017: 431 units (+0.6%)Santa Ana, January 2018: 616 units (+0.8%)Santa Ana, January 2019: 1,120 units (+1.4%)Santa Ana, January 2020: 1,664 units (+2.1%)Santa Ana, January 2021: 2,849 units (+3.7%)Santa Ana, January 2022: 3,565 units (+4.6%)Santa Ana, January 2023: 4,541 units (+5.9%)Santa Ana, January 2024: 5,644 units (+7.3%)Santa Ana, January 2025: 6,553 units (+8.5%)Santa Ana, January 2026: 7,420 units (+9.6%)Santa Ana 7,420 units (+9.6%)

The typical Orange County city home is worth 4.5× what it was in 2000, about 5.8% a year through two recessions and a pandemic, against 4.2% a year and 3× for the country as a whole. A buyer who put 25% down on that home ten years ago ($157,464 on a $629,854 home) holds about $720,121 of equity today, 4.6× the cash they put in, before counting principal paid down. Even someone who bought at the 2006 peak, the worst timing in the series, is up +76% today.

Values are Zillow's typical home value (the middle of each city's market, quarterly) and rents are Zillow's typical asking rent, both through July 2026; housing units are California Department of Finance January 1 estimates. Rents lean toward apartments and smaller units, so a city's rent line is not the rent on its typical house. Zillow's city rent index starts late for smaller cities; where its ZIP-level rents go back further, the earlier years are filled from those (La Habra before January 2021; Ladera Ranch before December 2021; North Tustin before April 2026), and a line simply starts where the data starts otherwise (no rent index at all for La Palma, Silverado and Villa Park).

Every city: value now and growth over 1, 5, 10, and 26 years
CityTypical value1 yr5 yr10 yrSince 2000× 2000HousesCondos
Newport Beach$3,724,083+11%+60%+119%+458%5.6×$4,437,254$1,898,818
Laguna Beach$3,056,376+6%+35%+88%+365%4.6×$3,214,236$1,660,666
Villa Park$2,363,814+3%+51%+110%+261%3.6×$2,362,196
Coto de Caza$1,997,655+2%+50%+104%+308%4.1×$2,134,610$774,851
North Tustin$1,770,314+3%+43%+104%+370%4.7×$1,778,772$676,837
Dana Point$1,754,054+6%+46%+113%+432%5.3×$1,969,848$1,088,767
San Clemente$1,751,799+4%+49%+115%+440%5.4×$1,878,052$1,091,154
Los Alamitos$1,576,282+4%+31%+88%+375%4.7×$1,616,565$922,994
Irvine$1,517,431-2%+60%+103%+410%5.1×$1,809,823$1,180,623
Laguna Niguel$1,494,001+4%+55%+113%+389%4.9×$1,717,225$762,200
Costa Mesa$1,424,322+6%+44%+106%+433%5.3×$1,502,966$888,087
Yorba Linda$1,407,941+2%+37%+85%+320%4.2×$1,495,178$694,538
Fountain Valley$1,397,460+5%+48%+112%+423%5.2×$1,417,304$633,968
Ladera Ranch$1,383,036+1%+40%+90%+142%2.4×$1,672,589$890,890
Huntington Beach$1,367,647+5%+41%+97%+369%4.7×$1,471,582$750,836
San Juan Capistrano$1,350,010+3%+44%+96%+368%4.7×$1,653,729$691,618
Laguna Hills$1,236,917+2%+42%+94%+360%4.6×$1,473,559$672,837
Mission Viejo$1,216,985+2%+40%+93%+351%4.5×$1,298,394$726,397
La Palma$1,199,693+4%+36%+98%+378%4.8×$1,209,677$665,943
Rancho Mission Viejo$1,192,5110%+35%+73%+238%3.4×$1,316,515$912,213
Lake Forest$1,187,2250%+40%+93%+376%4.8×$1,314,546$636,396
Tustin$1,169,0380%+43%+92%+386%4.9×$1,339,558$784,694
Orange$1,136,729+2%+34%+88%+351%4.5×$1,197,154$672,842
Brea$1,134,146+1%+29%+75%+317%4.2×$1,161,569$821,728
Placentia$1,113,465+2%+34%+87%+365%4.6×$1,152,463$662,842
Westminster$1,103,609+4%+35%+94%+366%4.7×$1,112,238$713,303
Cypress$1,082,664+3%+33%+89%+347%4.5×$1,114,827$727,989
Silverado$1,069,587+2%+22%+74%+302%$1,071,750
Fullerton$1,052,226+2%+30%+79%+328%4.3×$1,126,207$625,634
Rancho Santa Margarita$1,017,195-1%+34%+82%+345%4.4×$1,209,092$679,920
Garden Grove$1,015,470+4%+34%+103%+430%5.3×$1,037,040$588,426
Aliso Viejo$1,005,543+1%+42%+87%+327%4.3×$1,324,151$850,039
Anaheim$953,171+2%+29%+83%+355%4.6×$989,057$661,130
Buena Park$942,568+2%+25%+84%+363%4.6×$949,079$819,947
La Habra$912,276+2%+25%+84%+361%4.6×$953,167$535,904
Santa Ana$869,263+3%+30%+95%+424%5.2×$925,704$484,898
Seal Beach$841,961+4%+31%+89%+309%4.1×$1,642,036$400,792
Stanton$797,423+1%+30%+92%+424%5.2×$875,680$591,896
Laguna Woods$470,940+3%+22%+73%+84%1.8×$559,842$467,985
How each city held up in the 2008 downturn, and the range of 5- and 10-year outcomes for any buying date since 2000
CityYearly since 2000Yearly, last 10Worst declinePeakYears to recover5-yr worst5-yr median5-yr best10-yr worst10-yr median
Orange County (median city)5.8%6.6%-37.2%2006-0611.3-36%+37%+124%-10%+53%
Newport Beach6.7%8.2%-28.7%2006-1010.5-28%+37%+118%-7%+50%
Laguna Beach6.0%6.5%-36.1%2007-0310.5-36%+39%+126%-15%+46%
Villa Park5.0%7.7%-38.5%2006-0614.3-37%+29%+84%-20%+27%
Coto de Caza5.5%7.4%-36.8%2006-0614.5-35%+26%+115%-19%+33%
North Tustin6.0%7.4%-31.6%2006-0611.1-30%+33%+112%-10%+48%
Dana Point6.5%7.8%-36.1%2006-1010.6-35%+41%+130%-9%+48%
San Clemente6.6%8.0%-35.4%2006-1010.7-35%+40%+127%-9%+48%
Los Alamitos6.1%6.5%-23.4%2006-108.6-23%+33%+114%-2%+56%
Irvine6.4%7.3%-29.3%2006-0610.1-27%+33%+123%-2%+50%
Laguna Niguel6.2%7.9%-34.9%2006-0611.3-33%+36%+116%-11%+48%
Costa Mesa6.5%7.5%-36.5%2006-0610.9-35%+42%+133%-10%+62%
Yorba Linda5.6%6.4%-33.8%2006-0611.3-32%+33%+116%-12%+41%
Fountain Valley6.5%7.8%-31.1%2006-0610.9-29%+37%+124%-9%+53%
Ladera Ranch4.0%6.6%-38.6%2006-0613.8-37%+25%+71%-12%+45%
Huntington Beach6.0%7.0%-32.1%2006-0611.1-30%+35%+122%-10%+47%
San Juan Capistrano6.0%7.0%-38.6%2006-0611.3-38%+38%+121%-11%+49%
Laguna Hills5.9%6.8%-37.7%2006-0611.3-36%+37%+123%-11%+52%
Mission Viejo5.8%6.8%-37.2%2006-0611.3-35%+36%+121%-11%+52%
La Palma6.1%7.1%-30.2%2006-0610.8-28%+36%+120%-9%+53%
Rancho Mission Viejo8.8%5.7%-4.7%2018-052.4+14%+51%+93%+73%+102%
Lake Forest6.1%6.8%-38.4%2006-0610.9-36%+38%+127%-11%+56%
Tustin6.1%6.7%-36.2%2006-0611.0-35%+37%+129%-9%+55%
Orange5.8%6.5%-38.5%2006-0611.4-38%+38%+129%-13%+56%
Brea5.5%5.7%-34.7%2006-0611.0-34%+35%+120%-9%+50%
Placentia6.0%6.5%-36.0%2006-0610.8-34%+39%+123%-10%+55%
Westminster6.0%6.8%-38.5%2006-0611.4-37%+39%+129%-14%+57%
Cypress5.8%6.6%-33.0%2006-0611.1-31%+35%+121%-11%+52%
Silverado5.4%5.7%-44.4%2007-0210.5-44%+37%+122%-12%+52%
Fullerton5.6%6.0%-38.6%2006-0611.6-38%+35%+130%-15%+51%
Rancho Santa Margarita5.8%6.2%-40.3%2006-0611.2-38%+37%+129%-9%+56%
Garden Grove6.5%7.3%-41.9%2006-1011.1-41%+43%+145%-16%+67%
Aliso Viejo5.6%6.4%-41.1%2006-0611.7-39%+35%+129%-15%+46%
Anaheim5.9%6.2%-42.7%2006-1011.3-42%+39%+140%-16%+60%
Buena Park5.9%6.3%-41.5%2006-1011.0-41%+39%+137%-14%+63%
La Habra5.9%6.3%-41.0%2006-1010.9-40%+40%+135%-13%+63%
Santa Ana6.4%6.9%-49.8%2007-0310.8-49%+43%+162%-19%+63%
Seal Beach5.5%6.6%-35.9%2006-0611.3-34%+38%+109%-15%+43%
Stanton6.5%6.7%-44.0%2007-0310.6-43%+44%+151%-14%+70%
Laguna Woods5.0%5.7%-6.6%2022-071.7+22%+33%+66%+73%+78%

No ten-year holding period since 2000 has lost money in the typical city (worst ten-year outcome: -10%); the worst five-year stretch was -36%, the best +124%. Nominal values, not inflation-adjusted.

Where the returns are: appreciation and rent

Two ways a home pays its owner: it goes up in value, and it can be rented. Appreciation is where Orange County has paid: Newport Beach led the last ten years at 8.2% a year, and on a 25% down payment even the county-median 6.6% works out to roughly 26% a year on the cash invested before costs. Rent yields are low everywhere here, 1.4% to 7.2% gross, so a rental is bought for the growth, with the rent covering most of the carry.

Newport Beach, San Clemente and Laguna Niguel led the last ten years, all at 7.9% a year or better, and 38 of 39 cities grew faster this decade than their average since 2000. Rent covers the largest share of the price in Aliso Viejo, Stanton and Santa Ana, so those are where a rental comes closest to paying for itself; the most expensive coastal cities pay in appreciation instead. Both columns are in the table, so you can pick the mix you want.

Every city: appreciation, rent yield, and what a 25% down payment ten years ago is worth today
CityTypical valueYearly, last 10Yearly since 2000Typical rentGross rent yieldAppreciation + rent yieldEquity per $1 down, 10 yrs
Newport Beach$3,724,0838.2%6.7%$4,2671.4%9.6%$5.76
San Clemente$1,751,7998.0%6.6%$3,4202.3%10.3%$5.60
Laguna Niguel$1,494,0017.9%6.2%$3,3722.7%10.6%$5.53
Dana Point$1,754,0547.8%6.5%$4,4163.0%10.8%$5.51
Fountain Valley$1,397,4607.8%6.5%$2,7382.4%10.2%$5.48
Villa Park$2,363,8147.7%5.0%$5.42
Costa Mesa$1,424,3227.5%6.5%$3,1362.6%10.1%$5.22
Coto de Caza$1,997,6557.4%5.5%$4,9913.0%10.4%$5.15
North Tustin$1,770,3147.4%6.0%$4,7743.2%10.6%$5.16
Irvine$1,517,4317.3%6.4%$3,4652.7%10.0%$5.11
Garden Grove$1,015,4707.3%6.5%$2,7683.3%10.6%$5.11
La Palma$1,199,6937.1%6.1%$4.93
Huntington Beach$1,367,6477.0%6.0%$3,0762.7%9.7%$4.88
San Juan Capistrano$1,350,0107.0%6.0%$3,8273.4%10.4%$4.84
Santa Ana$869,2636.9%6.4%$2,7813.8%10.7%$4.80
Laguna Hills$1,236,9176.8%5.9%$3,0182.9%9.7%$4.75
Mission Viejo$1,216,9856.8%5.8%$3,0913.0%9.8%$4.73
Lake Forest$1,187,2256.8%6.1%$3,3373.4%10.2%$4.72
Westminster$1,103,6096.8%6.0%$2,7243.0%9.8%$4.75
Tustin$1,169,0386.7%6.1%$3,1723.3%10.0%$4.67
Stanton$797,4236.7%6.5%$2,6354.0%10.7%$4.68
Ladera Ranch$1,383,0366.6%4.0%$3,7893.3%9.9%$4.60
Cypress$1,082,6646.6%5.8%$3,1563.5%10.1%$4.55
Seal Beach$841,9616.6%5.5%$3,0174.3%10.9%$4.56
Laguna Beach$3,056,3766.5%6.0%$4,9802.0%8.5%$4.50
Los Alamitos$1,576,2826.5%6.1%$3,0262.3%8.8%$4.53
Orange$1,136,7296.5%5.8%$3,1223.3%9.8%$4.52
Placentia$1,113,4656.5%6.0%$2,8233.0%9.5%$4.49
Yorba Linda$1,407,9416.4%5.6%$4,0603.5%9.9%$4.41
Aliso Viejo$1,005,5436.4%5.6%$3,5764.3%10.7%$4.47
Buena Park$942,5686.3%5.9%$2,6413.4%9.7%$4.35
La Habra$912,2766.3%5.9%$2,8243.7%10.0%$4.36
Rancho Santa Margarita$1,017,1956.2%5.8%$2,9123.4%9.6%$4.29
Anaheim$953,1716.2%5.9%$2,7453.5%9.7%$4.33
Fullerton$1,052,2266.0%5.6%$2,9453.4%9.4%$4.18
Rancho Mission Viejo$1,192,5115.7%8.8%$3,7503.8%9.5%$3.94
Brea$1,134,1465.7%5.5%$2,9803.2%8.9%$3.98
Silverado$1,069,5875.7%5.4%$3.96
Laguna Woods$470,9405.7%5.0%$2,8407.2%12.9%$3.93

Illustrative, not a forecast. "Appreciation + rent yield" adds the ten-year annualized value growth to gross rent as a share of value; it ignores expenses, taxes, and financing. "Equity per $1 down" assumes a 25% down payment on the city-typical home ten years ago, before principal paydown and transaction costs. Rents are Zillow's typical asking rent, which leans toward smaller units, so yields on houses run lower.

Houses vs. condos: growth since 2000, typical value in the median Orange County city. Houses +346%, condos +287%; over the last ten years +92% and +80%.
0%100%200%300%400%200020032006200920122015201820212024HousesCondosHousesHouses, Jul 2026: 346.1%Houses 346.1%CondosCondos, Jul 2026: 287.3%Condos 287.3%

Condos fell harder in 2008 and took longer to recover, then tracked houses through the 2020–22 run-up; over the full period the two have grown at nearly the same rate, so the choice is about monthly cost and HOA, not long-run appreciation.

The minimum down payment for a rental to pay for itself

Pick a city (the price fills in with its typical condo value and typical rent), or type a real price and a rent supported by comparable rentals. Everything else uses sensible defaults (today's rate, 1.1% property tax, insurance, maintenance, 5% vacancy) that you can change below.

Minimum down payment for positive cash flow
$540,602 (72%)
at that down payment the $3,076 rent covers the $1,362 mortgage plus $1,687 a month in tax, insurance, upkeep, and vacancy
With 25% down ($187,709)
-$2,259/mo
cash flow; -12.4% cash-on-cash
Gross rent yield
4.9%
a year's rent ÷ price
Rent needed to break even at 25% down
$5,454/mo
vs. $3,076 typical
Change the assumptions
Every city: the minimum down payment for positive cash flow at the typical condo value and typical rent
CityTypical condo valueTypical rentGross yieldMinimum downIn dollars
Seal Beach$400,792$3,0179.0%22%$88,174
North Tustin$676,837$4,7748.5%29%$196,283
Coto de Caza$774,851$4,9917.7%38%$294,443
Laguna Woods$467,985$2,8407.3%43%$201,234
Yorba Linda$694,538$4,0607.0%46%$319,487
Santa Ana$484,898$2,7816.9%48%$232,751
San Juan Capistrano$691,618$3,8276.6%51%$352,725
Lake Forest$636,396$3,3376.3%55%$350,018
La Habra$535,904$2,8246.3%55%$294,747
Fullerton$625,634$2,9455.6%63%$394,149
Garden Grove$588,426$2,7685.6%63%$370,708
Orange$672,842$3,1225.6%64%$430,619
Laguna Hills$672,837$3,0185.4%66%$444,072
Laguna Niguel$762,200$3,3725.3%67%$510,674
Stanton$591,896$2,6355.3%67%$396,570
Cypress$727,989$3,1565.2%68%$495,033
Fountain Valley$633,968$2,7385.2%69%$437,438
Rancho Santa Margarita$679,920$2,9125.1%69%$469,145
Ladera Ranch$890,890$3,7895.1%70%$623,623
Mission Viejo$726,397$3,0915.1%70%$508,478
Placentia$662,842$2,8235.1%70%$463,989
Aliso Viejo$850,039$3,5765.0%70%$595,027
Anaheim$661,130$2,7455.0%71%$469,402
Huntington Beach$750,836$3,0764.9%72%$540,602
Rancho Mission Viejo$912,213$3,7504.9%72%$656,793
Dana Point$1,088,767$4,4164.9%73%$794,800
Tustin$784,694$3,1724.9%73%$572,827
Westminster$713,303$2,7244.6%76%$542,110
Brea$821,728$2,9804.4%79%$649,165
Costa Mesa$888,087$3,1364.2%80%$710,470
Los Alamitos$922,994$3,0263.9%84%$775,315
Buena Park$819,947$2,6413.9%85%$696,955
San Clemente$1,091,154$3,4203.8%86%$938,392
Laguna Beach$1,660,666$4,9803.6%88%$1,461,386
Irvine$1,180,623$3,4653.5%89%$1,050,754
Newport Beach$1,898,818$4,2672.7%99%$1,879,830

Illustrative city scenario. The city defaults pair Zillow's typical condo value with Zillow's typical asking rent, the closest match since the rent index leans toward apartments and smaller units; a house will need more down than shown. At today's rates almost no Orange County rental covers its costs with a normal down payment, which is why this section leads with appreciation. Cash flow is year one, before appreciation, tax effects, and principal paydown. HOA defaults to $0; Laguna Woods, a 55+ community, only looks easy until its $700–$900 monthly HOA goes in. Get an insurance quote and the HOA budget before relying on this for a specific home.

The most and least expensive ZIP codes, and the fastest-growing since 2000

Most expensive

  1. 92657 Newport Beach$5,625,817
  2. 92661 Newport Beach$4,688,035
  3. 92662 Newport Beach$4,687,692
  4. 92625 Newport Beach$4,324,038
  5. 92660 Newport Beach$3,295,893
  6. 92651 Laguna Beach$3,130,694
  7. 92663 Newport Beach$2,736,855
  8. 92861 Villa Park$2,360,490
  9. 92603 Irvine$2,342,560
  10. 90742 Huntington Beach$2,181,778

Least expensive

  1. 92637 Laguna Woods$470,508
  2. 92701 Santa Ana$702,392
  3. 90740 Seal Beach$789,153
  4. 90680 Stanton$793,204
  5. 92703 Santa Ana$830,886
  6. 92707 Santa Ana$837,144
  7. 92617 Irvine$841,136
  8. 92805 Anaheim$863,937
  9. 92801 Anaheim$867,984
  10. 92704 Santa Ana$893,777

Fastest growth since 2000

  1. 92663 Newport Beach+548%
  2. 92672 San Clemente+544%
  3. 92660 Newport Beach+525%
  4. 92844 Garden Grove+521%
  5. 92701 Santa Ana+490%
  6. 92657 Newport Beach+488%
  7. 92843 Garden Grove+476%
  8. 92655 Westminster+471%
  9. 92625 Newport Beach+465%
  10. 92868 Orange+461%

Typical home value by ZIP, July 2026 (Zillow).

Can you rent it out? The rules, city by city

This decides the strategy before the numbers do. Long-term rentals (30 days and up) are legal in every Orange County city; the questions are how much you can raise the rent and whether short-term, Airbnb-style rentals are allowed at all. As of September 2026.

23 of 39 cities effectively bar short-term rentals, so an Airbnb plan narrows the map to Buena Park, Dana Point, Fullerton, Orange, Placentia and San Clemente (permit required), plus limited zones in Anaheim, Huntington Beach, Laguna Beach, Newport Beach and San Juan Capistrano. Long-term is open everywhere, and the rent caps are aimed at apartment buildings and corporate landlords, not at an individual renting out a house or condo: only Santa Ana has local rent control (pre-1995 buildings), and Anaheim has a rent-control measure in the works.

Rental type
Rules by city. Hover or tap a city for the rule in detail. Unincorporated areas (gray) follow county rules.
Unincorporated Orange County: county rules applyAliso Viejo: No, prohibitedAnaheim: Only in limited zones or casesBrea: No permit program (not allowed in practice)Buena Park: Yes, with a permitCosta Mesa: No, prohibitedCoto de Caza: Unincorporated: county rules applyCypress: No permit program (not allowed in practice)Dana Point: Yes, with a permitFountain Valley: No permit program (not allowed in practice)Fullerton: Yes, with a permitGarden Grove: No, prohibitedHuntington Beach: Only in limited zones or casesIrvine: No, prohibitedLa Habra: No permit program (not allowed in practice)La Palma: No permit program (not allowed in practice)Ladera Ranch: Unincorporated: county rules applyLaguna Beach: Only in limited zones or casesLaguna Hills: No permit program (not allowed in practice)Laguna Niguel: No, prohibitedLaguna Woods: No permit program (not allowed in practice)Lake Forest: No, prohibitedLos Alamitos: No permit program (not allowed in practice)Mission Viejo: No permit program (not allowed in practice)Newport Beach: Only in limited zones or casesNorth Tustin: Unincorporated: county rules applyOrange: Yes, with a permitPlacentia: Yes, with a permitRancho Mission Viejo: Unincorporated: county rules applyRancho Santa Margarita: No permit program (not allowed in practice)San Clemente: Yes, with a permitSan Juan Capistrano: Only in limited zones or casesSanta Ana: No, prohibitedSeal Beach: No permit program (not allowed in practice)Silverado: Unincorporated: county rules applyStanton: No permit program (not allowed in practice)Tustin: No, prohibitedVilla Park: No, prohibitedWestminster: No, prohibitedYorba Linda: No, prohibitedAnaheimBreaBuena ParkCosta MesaDana PointFullertonGarden GroveHuntington BeachIrvineLa HabraLaguna BeachLake ForestMission ViejoNewport BeachNorth TustinOrangeRancho Mission ViejoSan ClementeSanta AnaSeal BeachTustinWestminsterYorba Linda
Every city: short-term and long-term rental rules and the detail behind them
CityShort-term rentalsDetailLong-term rentals
Aliso ViejoProhibitedTransient uses (hotel, inn, lodging, short-term rental) not permitted in residential districts. SourceState rules only
AnaheimAllowed only in limited zones or casesNo new short-term rental permits; about 277 pre-2016 permits remain, with 3-night minimums and annual renewal. Near-Disneyland market. SourceState rules only; local rent control proposed
No local rent cap today. In early 2026 a tenant group received city approval to circulate a petition for a rent-control measure on the November 2026 ballot, and a council member called for stricter enforcement of the state cap; nothing has been adopted. Some deed-restricted affordable units already carry their own rent limits. Source
BreaNo permit program (not allowed in practice)Municipal code does not set up a permit program; treated as not allowed. Confirm with the city. SourceState rules only
Buena ParkAllowed with permitSTR permit, home inspection, and business license required (Ordinance 1675). SourceState rules only
Costa MesaProhibitedAll short-term rentals prohibited by Ordinance 2021-17 (November 2021). SourceState rules only
Coto de CazaUnincorporated: County of Orange rules applyUnincorporated, gated, and HOA-governed; the County of Orange ordinance and HOA rules apply. SourceState rules only
CypressNo permit program (not allowed in practice)Municipal code does not set up a permit program; treated as not allowed. Confirm with the city. SourceState rules only
Dana PointAllowed with permitPermit program in operation; the city streamlined approvals in 2025 and hired a vendor to find unpermitted operators. TOT 10%. SourceState rules only
Fountain ValleyNo permit program (not allowed in practice)Municipal code does not set up a permit program; treated as not allowed. Confirm with the city. SourceState rules only
FullertonAllowed with permitPermit, business registration, and TOT registration required; citywide cap of 100 permits; a 2025 moratorium paused new approvals while rules were reviewed. SourceState rules only
Garden GroveProhibitedProhibited in residential zones; fines up to $1,000 per day. SourceState rules only
Huntington BeachAllowed only in limited zones or casesHosted (owner-occupied) rentals allowed with a permit in eligible zones; unhosted rentals only in Sunset Beach with a permit issued before March 2022. Annual renewal; TOT 10% plus tourism assessment. SourceState rules only
IrvineProhibitedProhibited in residential zones and anywhere residential use is permitted, including ADUs. Fines up to $1,500 per day. SourceState rules only
La HabraNo permit program (not allowed in practice)Municipal code does not set up a permit program; treated as not allowed. Confirm with the city. SourceState rules only
La PalmaNo permit program (not allowed in practice)Municipal code does not set up a permit program; treated as not allowed. Confirm with the city. SourceState rules only
Ladera RanchUnincorporated: County of Orange rules applyUnincorporated and HOA-governed; the County of Orange ordinance and HOA rules apply. SourceState rules only
Laguna BeachAllowed only in limited zones or casesShort-term lodging only in commercial, mixed-use, and downtown zones (not residential); citywide cap of about 300 units; license and 24-hour contact required. TOT 12%. SourceState rules only
Laguna HillsNo permit program (not allowed in practice)Municipal code does not set up a permit program; treated as not allowed. Confirm with the city. SourceState rules only
Laguna NiguelProhibitedProhibited in residential zones (Ordinance 2017-187). SourceState rules only
Laguna WoodsNo permit program (not allowed in practice)Age-restricted (55+) community governed by Laguna Woods Village HOAs, which restrict rentals; no city permit program. SourceState rules only
Lake ForestProhibitedProhibited since 2017, except a 'limited home rental' of an owner's entire primary residence for up to three periods a year. Fines up to $1,000 per violation. SourceState rules only
Los AlamitosNo permit program (not allowed in practice)Municipal code does not set up a permit program; treated as not allowed. Confirm with the city. SourceState rules only
Mission ViejoNo permit program (not allowed in practice)No permits issued for rentals under 30 days in residential zones; most neighborhoods are HOA-governed with 30-day minimums. SourceState rules only
Newport BeachAllowed only in limited zones or casesAllowed in R-1.5, R-2, RM, and some mixed-use zones with a short-term lodging permit; citywide cap of 1,550 permits with a waitlist; permits are not transferable. TOT 10%. SourceState rules only
North TustinUnincorporated: County of Orange rules applyUnincorporated; the County of Orange ordinance applies. SourceState rules only
OrangeAllowed with permitPermit ($250) and business license required; citywide cap of 125 rentals, currently full with a waitlist. SourceState rules only
PlacentiaAllowed with permitRegulated under Ordinance O-2019-06; permit and 24-hour hotline requirements. SourceState rules only
Rancho Mission ViejoUnincorporated: County of Orange rules applyUnincorporated master-planned community; the County of Orange ordinance and HOA rules apply. SourceState rules only
Rancho Santa MargaritaNo permit program (not allowed in practice)Municipal code does not set up a permit program; treated as not allowed. Confirm with the city. SourceState rules only
San ClementeAllowed with permitAllowed with a business license and operating permit under city conditions. TOT 10–12%. SourceState rules only
San Juan CapistranoAllowed only in limited zones or casesNot permitted in single-family zones; allowed in multi-family and very-high-density zones. SourceState rules only
Santa AnaProhibitedBanned citywide since April 2024 (rentals under 30 days). Santa Ana is also the only OC city with local rent control. SourceLocal rent stabilization on top of state rules
Rent Stabilization and Just Cause Eviction Ordinance: for buildings completed on or before February 1, 1995, increases are capped at 2.87% for September 2026 through August 2027, one increase per 12 months, with a rental registry and just-cause eviction rules. Newer buildings and most single-family homes fall under the state cap instead. Under state law (Costa-Hawkins) single-family homes and condos are exempt from the local cap, though just-cause rules still apply. Source
Seal BeachNo permit program (not allowed in practice)No permit program; the city was weighing restrictions near schools in 2025. Confirm with the city. SourceState rules only
SilveradoUnincorporated: County of Orange rules applyUnincorporated canyon community; the County of Orange ordinance applies. SourceState rules only
StantonNo permit program (not allowed in practice)Municipal code does not set up a permit program; treated as not allowed. Confirm with the city. SourceState rules only
TustinProhibitedResidential rentals must be 31 days or longer; shorter stays are treated as hotel use, which residential zones do not allow. SourceState rules only
Villa ParkProhibitedNot allowed; advertising on Airbnb or VRBO is itself prohibited (Municipal Code 23-3.5). SourceState rules only
WestminsterProhibitedThe city does not allow short-term rentals. SourceState rules only
Yorba LindaProhibitedProhibited under Municipal Code 5.50.030. SourceState rules only

Long-term rentals: what limits the rent, and who it applies to

Everywhere in California: AB 1482 (Tenant Protection Act): annual increases capped at 5% plus local inflation, never more than 10%; 8.7% for Orange County for August 2026 through July 2027. Exempt: single-family homes and condos owned by an individual (with the required lease notice), and buildings less than 15 years old. AB 1482 also requires just cause to evict tenants after 12 months, with relocation assistance for no-fault evictions.

Santa Ana only: Rent Stabilization and Just Cause Eviction Ordinance: for buildings completed on or before February 1, 1995, increases are capped at 2.87% for September 2026 through August 2027, one increase per 12 months, with a rental registry and just-cause eviction rules. Newer buildings and most single-family homes fall under the state cap instead. City ordinance page

Who the caps are for: both the state cap and Santa Ana's ordinance are written for apartment buildings and corporate landlords. A house or condo owned by an individual (not a corporation, a REIT, or an LLC with a corporate member) is exempt from the state rent cap as long as the lease includes the required notice, and single-family homes and condos are exempt from Santa Ana's cap under state law. Just-cause eviction rules still apply after a tenant's first year. In practice a house or condo you own personally can be re-rented at market when a tenant leaves, so the rent charts above are the constraint, not the law. HOAs can be stricter than the city on both short- and long-term rentals, so read the CC&Rs before buying a condo to rent.

Compiled from city codes and published summaries. Rules change and HOAs can be stricter than the city; verify with the city before buying to rent.

Where things stand: what sold, for how much, and how fast

Right now Orange County is a balanced market tilting toward buyers: the median home spends 51 days on the market (35 a year earlier), there are 3.1 months of supply, 25% of listings cut their price in a typical month, and 53% of closings came in below asking. That is room to negotiate that did not exist in 2021, without the falling prices that would make waiting pay.

Days on market51median, last 12 months (Redfin) · MLS listing-to-closing count 53
Months of supply3.1under 4 favors sellers, over 6 favors buyers · 3.0 in May 2026
Sold below asking53%30% above · median 99.4% of list
Median price per square foot$681houses $721 · condos $617
Sales volume and the mortgage rate, all of Orange County, last ten years. Each line is drawn as a share of its own ten-year high so the two can share a chart; hover for the actual numbers. Sales peaked at 3,597 a month in June 2021 and bottomed near 1,211 in January 2024 as rates rose; prices did not follow volume down.
0%50%100%2017201820192020202120222023202420252026Homes sold per month30-year mortgage rateHomes sold per monthHomes sold per month, May 2026: 1,830 homesHomes sold per month 1,830 homes30-year mortgage rate30-year mortgage rate, May 2026: 6.44%30-year mortgage rate 6.44%
Days on market, all of Orange County, last ten years. Median days from listing to going off market (Redfin). Under 20 at the 2021 peak, 51 over the last year.
0204060802017201820192020202120222023202420252026Days on marketDays on marketDays on market, May 2026: 38 daysDays on market 38 days
Every city: sales, median, mean, middle half, price per square foot, houses vs. condos, last 12 months
CitySalesMedianMeanMiddle half (25th–75th)$ / sq ftHouses, medianCondos, median
Newport Beach975$3,770,000$5,176,546$2,355,000 – $6,062,500$1,575$4,812,500$2,056,500
Laguna Beach308$3,100,000$4,083,497$2,250,375 – $4,500,000$1,578$3,325,000$1,475,000
Villa Park55$2,649,000$2,710,723$2,195,250 – $3,155,444$699$2,649,000
Coto de Caza165$2,100,000$2,603,727$1,500,000 – $2,950,000$637$2,362,500$1,085,000
North Tustin145$1,998,000$2,302,836$1,660,000 – $2,665,000$751$1,998,000
Dana Point391$1,980,000$3,025,859$1,397,500 – $3,400,000$1,075$2,731,000$1,205,500
San Clemente597$1,795,000$1,996,383$1,311,111 – $2,350,000$812$1,945,000$1,075,000
Los Alamitos76$1,407,500$1,396,018$1,022,500 – $1,682,665$688$1,546,000$792,500
Irvine1,995$1,520,000$1,775,593$1,158,000 – $2,035,000$796$2,100,000$1,250,000
Laguna Niguel676$1,371,500$1,548,974$893,725 – $1,938,750$733$1,750,000$799,500
Costa Mesa555$1,480,000$1,628,070$1,210,250 – $1,901,500$881$1,650,000$937,500
Yorba Linda654$1,349,500$1,517,329$1,000,000 – $1,795,500$626$1,499,000$665,100
Fountain Valley304$1,425,000$1,350,932$949,750 – $1,621,250$705$1,507,500$762,500
Ladera Ranch249$1,320,000$1,637,746$949,000 – $2,069,000$622$1,830,000$894,000
Huntington Beach1,452$1,349,000$1,500,401$908,750 – $1,775,000$787$1,537,000$790,000
San Juan Capistrano327$1,435,000$1,880,705$995,000 – $2,389,500$700$1,880,000$946,750
Laguna Hills238$1,217,500$1,663,928$750,000 – $1,975,750$662$1,620,000$675,000
Mission Viejo935$1,225,000$1,234,371$899,050 – $1,499,250$644$1,334,167$757,000
La Palma70$1,200,000$1,180,376$1,070,500 – $1,329,750$595$1,208,000$662,500
Rancho Mission Viejo326$1,180,495$1,259,451$950,000 – $1,540,000$623$1,412,500$920,600
Lake Forest749$1,240,000$1,260,142$855,000 – $1,525,000$637$1,400,000$710,500
Tustin433$1,190,000$1,241,094$825,000 – $1,430,000$682$1,350,000$820,000
Orange842$1,150,000$1,204,481$885,972 – $1,395,000$639$1,255,000$690,000
Brea273$1,150,000$1,172,931$939,562 – $1,330,000$597$1,212,500$788,000
Placentia324$1,150,000$1,114,658$837,250 – $1,361,250$605$1,225,500$631,500
Westminster289$1,100,000$1,134,904$938,000 – $1,295,000$645$1,150,000$849,000
Cypress313$1,045,000$1,067,212$805,000 – $1,230,000$611$1,160,000$775,000
Silverado31$1,250,000$2,061,369$771,000 – $3,850,000$638$1,250,000
Fullerton773$1,025,000$1,129,843$805,000 – $1,400,000$627$1,222,000$670,000
Rancho Santa Margarita471$1,058,000$1,094,557$725,000 – $1,355,000$633$1,322,500$700,000
Garden Grove568$1,000,000$972,430$755,250 – $1,149,250$645$1,070,500$620,000
Aliso Viejo357$900,000$1,069,572$735,000 – $1,299,000$678$1,470,000$820,000
Anaheim1,352$946,620$996,470$778,750 – $1,133,500$593$1,045,000$700,000
Buena Park347$909,000$958,493$820,000 – $999,500$604$950,000$799,500
La Habra328$849,500$869,150$664,250 – $985,000$562$930,000$545,500
Santa Ana826$850,000$894,345$550,000 – $1,100,000$604$1,000,000$499,000
Seal Beach481$425,000$729,537$329,000 – $700,000$447$1,688,350$375,000
Stanton136$742,500$742,554$593,000 – $861,970$570$897,450$620,500
Laguna Woods586$443,888$536,836$330,750 – $598,950$418$1,775,000$441,388
Every city: days on market (Redfin and MLS), sale-to-list, sold above asking, price cuts, months of supply
CityDays on market (Redfin)Days, listing to closing (MLS)Sale vs. listSold above listListings with a price cutMonths of supply
Newport Beach676497.2%12%19%4.6
Laguna Beach1037096.6%13%20%6.4
Villa Park566397.7%25%15%3.4
Coto de Caza566798.0%15%27%3.9
North Tustin424699.1%30%27%2.8
Dana Point555498.6%20%19%3.5
San Clemente514699.0%25%25%3.1
Los Alamitos594599.7%36%33%2.5
Irvine645997.9%16%24%4.3
Laguna Niguel534998.9%25%28%3.1
Costa Mesa4144100.0%35%23%2.6
Yorba Linda435299.4%32%24%2.8
Fountain Valley3441100.0%51%20%1.9
Ladera Ranch4748100.0%28%25%2.6
Huntington Beach464999.5%29%26%2.7
San Juan Capistrano495498.9%25%24%3.0
Laguna Hills555199.4%34%22%3.1
Mission Viejo444999.5%31%29%2.3
La Palma3541100.0%49%25%1.7
Rancho Mission Viejo666999.3%22%29%3.9
Lake Forest605299.3%30%27%3.3
Tustin424899.7%32%21%2.8
Orange4348100.0%40%26%2.4
Brea3445100.0%50%23%2.1
Placentia3946100.0%42%22%2.5
Westminster3141100.3%55%20%2.2
Cypress3847100.0%43%25%2.2
Silverado19111098.0%16%
Fullerton3749100.0%43%21%2.4
Rancho Santa Margarita605399.5%26%28%2.9
Garden Grove4045100.0%48%16%2.5
Aliso Viejo425199.2%28%28%2.3
Anaheim4649100.0%41%19%2.8
Buena Park4448100.0%40%20%2.4
La Habra3851100.0%42%22%2.7
Santa Ana5556100.0%39%20%3.3
Seal Beach526999.1%14%21%2.4
Stanton4856100.0%48%26%2.8
Laguna Woods688598.8%19%26%3.8

Days on market, price cuts, and months of supply: Redfin, medians of the last twelve monthly values. Days from listing to closing, sale-to-list, and sold above list: MLS closings, last 12 months.

By price band, countywide: where buyers have the most leverage
Price bandSalesDays to closeSale vs. listSold below listSold above listMedian $ / sq ft
Under $750K3,7046399.5%53%26%$563
$750K–$1M3,59350100.0%45%37%$636
$1M–$1.5M6,26847100.0%48%37%$690
$1.5M–$2.5M4,3165098.9%57%28%$749
Over $2.5M2,3406497.4%71%15%$1,145

Two counts of time on market are shown. Days on market (Data provided by Redfin, a national real estate brokerage, monthly through May 2026) is Redfin's median days between a listing's start date and the date it went off market (pending). Days from listing to closing is the MLS count on 60,316 closed sales through September 2026, which runs through escrow. They differ by only a couple of days countywide, so treat both as "about seven weeks" rather than as a precise split between marketing time and escrow. Sale-to-list compares the closing price with the asking price at the time of sale. MLS neighborhood names are folded into their city (Anaheim Hills into Anaheim; Corona del Mar and Newport Coast into Newport Beach).

What a home really costs each month

Two homes at the same price can cost very different amounts to own. Property tax is reset to your purchase price, some communities add Mello-Roos special taxes, HOA dues range from nothing to $1,000, and insurance depends on the address. Five well-documented communities, compared at their typical house price; enter your cash and monthly budget and the second column shows what each one lets you buy. The monthly total stays pinned on the right as you scroll the details.

A new-construction Great Park home and a Woodbridge home at similar prices can differ by $700–$1,000 a month, almost entirely Mello-Roos and HOA. The cheapest monthly path into Irvine is usually an older village, not a new one.

CommunityYou could pay up toTypical house priceCash to closeMortgageProperty taxMello-RoosHOAInsuranceMaintenanceOf which principalTotal / month
Irvine: Great Park neighborhoods (new construction)
median house sale, last 12 months
$2,340,000$514,800$12,129$2,048$667
$375–$1,167
$300
$150–$450
$183
estimate
$1,950$1,666$17,277
Irvine: Woodbridge (1970s–80s village)
median house sale, last 12 months
$1,620,000$356,400$8,397$1,418$0
none
$200
$100–$400
$167
estimate
$1,350$1,153$11,531
Huntington Beach (established neighborhoods)
median house sale, last 12 months
$1,809,750$398,145$9,381$1,584$0
none
$0
$0–$350
$175
estimate
$1,508$1,288$12,647
Ladera Ranch (master-planned, 2000s)
median house sale, last 12 months
$1,550,000$341,000$8,034$1,356$542
$458–$667
$330
$250–$450
$192
estimate
$1,292$1,103$11,746
Santa Ana (resale houses)
median house sale, last 12 months
$977,500$215,050$5,067$896$0
none
$0
$0–$450
$158
estimate
$815$696$6,936

Monthly figures at 20% down and today's rate at the typical price; maintenance budgeted at 1% of price a year; typical Mello-Roos and HOA shown with each community's range. "You could pay up to" is the highest price your cash and budget support in that community, whichever limit binds first.

About the tax after you buy

Buying resets the assessed value to the purchase price. The county then sends a one-time supplemental bill for the difference between the seller's old assessment and yours, prorated from your closing date to June 30 (two bills if you close between January and May). It is a catch-up, not an extra recurring tax: budget the full new tax from day one and expect the supplemental bill 6 to 18 months after closing. California State Board of Equalization, Supplemental Assessments; Orange County Assessor, Supplemental Assessments and Notices.

Homeowners insurance in Orange County commonly runs $1,600–$2,500 a year for a house and less for a condo (the HOA's master policy covers the structure). Standard policies exclude flood and earthquake; canyon and hillside areas near wildland may only be insurable through the California FAIR Plan at higher cost. Get a quote for the specific address before you rely on any number here. California Department of Insurance.

Where the fee figures come from

Irvine: Great Park neighborhoods (new construction): Mello-Roos: Community Facilities District special taxes on most Great Park homes, 40-year terms, typically escalating 2% a year; amount depends on the tract and home size. HOA: Master association plus sub-association in many villages; condos and townhomes at the higher end. Tax rate area about 1.05% of purchase price. Mello-Roos in Irvine CA: what buyers really pay (2026); Mello-Roos and HOA in Irvine's new villages

Irvine: Woodbridge (1970s–80s village): Mello-Roos: Built before Mello-Roos districts; none. HOA: Woodbridge Village Association (lakes, pools, tennis) plus a sub-association for attached homes. Tax rate area about 1.05% of purchase price. Woodbridge Village Association

Huntington Beach (established neighborhoods): Mello-Roos: None in the established tracts; a few newer infill projects have small CFDs. HOA: Most detached homes have no HOA; townhomes and condos $250–$500. Tax rate area about 1.05% of purchase price. Orange County Assessor, tax rate areas

Ladera Ranch (master-planned, 2000s): Mello-Roos: Several overlapping CFDs; total varies by phase and lot. Some districts have begun to sunset, so check the tax bill for the specific address. HOA: LARMAC master association plus sub-associations; includes clubhouses, pools, and internet in some villages. Tax rate area about 1.05% of purchase price. Mello-Roos in Ladera Ranch: costs, HOA, buyer guide; Ladera Ranch HOA costs

Santa Ana (resale houses): Mello-Roos: None for existing housing. HOA: Detached homes usually have none; condos $300–$450. Tax rate area about 1.1% of purchase price. Orange County Assessor, tax rate areas

Why so few homes are for sale, and what it means for prices

Orange County owners are not moving. Only 1.7% of homes changed hands in the last year (20,221 sales among 1,170,029 units), which implies the typical home sells about once every 58 years. The reason is the mortgage they already have: the average rate on California's outstanding loans is 4.0%, 61% of them are under 4%, and 21% are more than ten years old (14% at the end of 2019). Moving would double their payment, so they stay, and the shortage of listings is what held prices up as rates rose.

Average rate on outstanding CA mortgages4.0%vs. 6.74% to borrow today · 2026 Q1
Share of CA mortgages under 4%60.9%15.4% are at 6% or more
CA loans more than 10 years old20.5%14.0% at the end of 2019
Homes sold per year, per 100 homes1.7once every 58 years per home
30-year fixed mortgage rate since 1990. Every Orange County boom and pause lines up with this chart; the 2020–21 trough is what today's owners are holding on to.
0%5%10%15%1990199520002005201020152020202530-year fixed rate30-year fixed rate30-year fixed rate, Jul 2026: rate 6.54%30-year fixed rate 6.5%
How old the loans are: outstanding California mortgages by years since origination, 2013 to 2026 Q1. The closest public measure of how long owners stay put; a rising 11+ share means fewer moves.
0%20%40%60%80%201320142015201620172018201920202021202220232024202520261 to 4 years5 to 7 years8 to 10 years11+ years1 to 4 years1 to 4 years, 2026 Q1: 20.7%1 to 4 years 20.7%5 to 7 years5 to 7 years, 2026 Q1: 50.5%5 to 7 years 50.5%8 to 10 years8 to 10 years, 2026 Q1: 8.3%8 to 10 years 8.3%11+ years11+ years, 2026 Q1: 20.5%11+ years 20.5%
Every city: sales, housing units, turnover, and implied years between sales
CitySales, last 12 monthsHousing unitsTurnoverYears between sales
Santa Ana82684,9371.0%103
Westminster28928,8201.0%100
Stanton13613,0241.0%96
Garden Grove56850,5801.1%89
Anaheim1,352114,6271.2%85
Costa Mesa55544,6731.2%80
Buena Park34726,2191.3%76
La Palma705,2801.3%75
Brea27318,7311.5%69
Tustin43328,7951.5%67
Fountain Valley30420,1661.5%66
Fullerton77350,9981.5%66
Irvine1,995129,4281.5%65
La Habra32821,0951.6%64
Los Alamitos764,5711.7%60
Placentia32418,8151.7%58
Huntington Beach1,45283,5851.7%58
Orange84248,4411.7%58
Aliso Viejo35720,1901.8%57
Cypress31317,1941.8%55
Laguna Hills23811,4452.1%48
Newport Beach97545,1612.2%46
San Clemente59727,0062.2%45
Lake Forest74932,2992.3%43
Laguna Beach30813,2452.3%43
Dana Point39116,5762.4%42
Laguna Niguel67628,4702.4%42
San Juan Capistrano32712,9122.5%39
Mission Viejo93535,3842.6%38
Rancho Santa Margarita47117,6092.7%37
Villa Park552,0542.7%37
Yorba Linda65423,8942.7%37
Seal Beach48114,6913.3%31
Laguna Woods58613,4144.4%23

Turnover: MLS sales only; off-market and family transfers are not counted, so true holding periods are somewhat shorter than the implied figure, and housing units include rentals that rarely trade, which also lengthens it. Use it to compare cities, not as a literal tenure. Loan age and rates outstanding: FHFA National Mortgage Database, California, all outstanding first-lien mortgages, shares by loan count; statewide, since the database does not publish county detail for these series. Mortgage rate: Freddie Mac via FRED, monthly average.

Housing supply: how little gets built

Orange County added 200,545 homes between 2000 and 2026, 20.7% in 26 years, and Irvine, Anaheim and Lake Forest accounted for 51% of it. Most cities are built out; the new supply is concentrated in a few master-planned areas, which is why prices elsewhere depend almost entirely on resales. The units-added chart sits with the city picker at the top of the page.

Every city: units, growth, share that is single-family, vacancy
CityUnits 2026Added since 2000GrowthSingle-familyVacancy
Irvine129,42875,717+141.0%56%7.7%
Anaheim114,62714,908+15.0%50%4.4%
Santa Ana84,93710,349+13.9%50%3.2%
Huntington Beach83,5857,906+10.4%60%5.2%
Fullerton50,9986,227+13.9%60%4.0%
Garden Grove50,5803,877+8.3%66%3.4%
Orange48,4416,521+15.6%66%3.3%
Unincorporated Orange County45,700-15,461-25.3%86%3.8%
Newport Beach45,1617,873+21.1%61%14.7%
Costa Mesa44,6734,267+10.6%50%4.8%
Mission Viejo35,3842,399+7.3%83%3.5%
Lake Forest32,29911,813+57.7%71%2.8%
Westminster28,8201,880+7.0%63%3.2%
Tustin28,7953,294+12.9%49%3.4%
Laguna Niguel28,4704,585+19.2%72%7.1%
San Clemente27,0066,353+30.8%67%8.1%
Buena Park26,2192,529+10.7%66%2.2%
Yorba Linda23,8944,327+22.1%88%2.5%
La Habra21,0951,654+8.5%62%2.8%
Aliso Viejo20,19061%3.1%
Fountain Valley20,1661,693+9.2%76%2.3%
Placentia18,8153,489+22.8%69%2.6%
Brea18,7315,404+40.5%62%4.5%
Rancho Santa Margarita17,6091,094+6.6%75%2.4%
Cypress17,1941,030+6.4%78%2.2%
Dana Point16,576894+5.7%67%13.2%
Seal Beach14,691424+3.0%44%8.7%
Laguna Woods13,414-215-1.6%36%11.5%
Laguna Beach13,245280+2.2%72%17.8%
Stanton13,0242,013+18.3%42%3.0%
San Juan Capistrano12,9121,592+14.1%74%3.8%
Laguna Hills11,4451,121+10.9%74%3.5%
La Palma5,280214+4.2%81%2.1%
Los Alamitos4,571242+5.6%54%2.5%
Villa Park2,05462+3.1%99%3.8%

California Department of Finance E-5 estimates, January 1 of each year. Owner-occupied share and median household income (U.S. Census Bureau, American Community Survey) will appear here once the site's Census API key is configured.

Sources and method

Home values and rents: Zillow Research, Zillow Home Value Index (all homes, single-family, and condo/co-op, middle tier, smoothed and seasonally adjusted) and Zillow Observed Rent Index, by city and ZIP, retrieved Invalid Date. A city's "typical value" is the middle of its market, not the median of what sold; "Orange County" growth figures are the median city, not a household-weighted county index.

Sales: closed residential MLS transactions (houses, condos, townhomes) for every Orange County ZIP, from Seven Gables Real Estate's CRMLS feed, through September 2026. Land, income property, and manufactured homes are excluded. Information deemed reliable but not guaranteed. Days to offer, supply, price cuts, monthly prices and volume: Redfin Data Center, through May 2026. Data provided by Redfin, a national real estate brokerage.

Mortgage rates: Freddie Mac Primary Mortgage Market Survey via FRED (MORTGAGE30US), averaged by month. Housing units: California Department of Finance E-5 estimates. Rental rules: Orange County REALTORS®, Short Term Rentals by city; Voice of OC, June 2025: Another Wave of Airbnb Regulations; City of Santa Ana, Rent Stabilization and Just Cause Eviction Ordinance; California Apartment Association, AB 1482 statewide rent cap; Voice of OC, March 2026: Orange County Cities Grapple With Rising Rents & Tracking Evictions.

Return figures are historical and illustrative, not forecasts; nothing here is investment, tax, or legal advice.

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