Welcome to our 92602 real estate data hub, tailored for investors in Irvine, CA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 92602 in Irvine, CA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in ORANGE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Irvine, CA real estate investing. Uncover the wealth of information available, and position yourself for success in the Irvine property market.
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Location Overview
- Zip Code: 92602
- City: Irvine
- State: CA
- Metro Area: Los Angeles-Long Beach-Anaheim, CA
- County Name: ORANGE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $1,559,947
- Average Home Price (Single Family Homes): $1,800,458
- Average Monthly Rental Price (All Types): $3,073
- Price-to-Rent Ratio: 42
- Zillow Projected % appreciation from 4/2023-4/2024: 0.6%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $3,160
- Average 3 Bedroom Section 8 Rental Rates: $4,290
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 41.14
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 30.3
- Number of Units Offered in Section 8 in the County: 4487
- Number of Occupied Units in Section 8 in the County: 4412
- Percentage of Section 8 Units Occupied in the County: 98.30000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): 188.61
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.19%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 8.04%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 47.61%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 49.61%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 126.97%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 112.41%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 203.38%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.4%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.55%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 26.45%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 35.24%