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Housing in Irvine

1,997 homes sold in Irvine in the last year, at a typical $1.5M

Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Irvine homes are listed.

Homes sold
1,997
June 2025 to May 2026
Typical sale price
$1.5M
houses $2.1M · condos $1.3M
Price per square foot
$804
California $504
Paid vs. asking
97.8%
17% sold over asking
For sale now
744
May 2026 · 161 sold that month
What sold · last 12 months

Half of Irvine’s sales are condos, at $842K less than a house

835 houses and 988 condos sold in the year to May 2026. Houses sell faster.

Houses$2.1M

typical sale · 835 sold in 12 months

Per square foot
$878CA $494
Days to sell
60
Sold over asking
18%
Listings with a price cut
23%
Condos$1.3M

typical sale · 988 sold in 12 months

Per square foot
$753CA $561
Days to sell
64
Sold over asking
16%
Listings with a price cut
24%
Fewer sales

Townhouses: 174 sold, typical $1.2M

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at twice the 2016 price

1,997 sales in the last year, against 3,716 in 2021 and a low of 1,985 in 2025. The typical sale went from $747K in 2016 to $1.5M.

Homes soldTypical sale price
0937187528123750$725K$1.1M$1.4M$1.7M2012: 2429 sold, typical $539K’122013: 2620 sold, typical $652K2014: 2357 sold, typical $692K’142015: 2624 sold, typical $724K2016: 2818 sold, typical $747K’162017: 2853 sold, typical $793K2018: 2698 sold, typical $857K’182019: 2655 sold, typical $863K2020: 2845 sold, typical $865K’202021: 3716 sold, typical $1M2022: 2408 sold, typical $1.3M’222023: 2001 sold, typical $1.4M2024: 2110 sold, typical $1.6M’242025: 1985 sold, typical $1.6MLast 12 months: 1997 sold, typical $1.5MNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $1.6M buys in Irvine

Houseat $878 a sq ft
Condoat $753 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what Irvine homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Irvine are rarer than before the pandemic, with about as many homes for sale

We read every month of Irvine’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,997 sales.

If you’re buying in Irvine

  • Shop in August. It brings about 289 new listings a month, close to the busiest month, with fewer bidding wars (29% over asking).
  • You can negotiate. 24% of listings have cut their price, against 21% before the pandemic.
  • Offer under asking. Buyers paid 97.8% of the list price on average; 17% paid over.
  • You’ll usually have time. Only 23% of homes go under contract within two weeks; the typical one takes 61 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

July has the most new listings (about 335 a month), but May is the most competitive: 41% of May sales close over asking. August offers nearly as much choice with fewer homes bid up (29%). December has the least competition (25%) but only about 122 new listings.

New listings a monthShare sold over asking
08517025534020%40%60%Sweet spotJan: 241 new listings a month, 25% sold over asking, 56 days to sellJFeb: 262 new listings a month, 32% sold over asking, 45 days to sellFMar: 307 new listings a month, 37% sold over asking, 37 days to sellMApr: 316 new listings a month, 41% sold over asking, 35 days to sellAMay: 329 new listings a month, 41% sold over asking, 36 days to sellMJun: 334 new listings a month, 37% sold over asking, 39 days to sellJJul: 335 new listings a month, 34% sold over asking, 41 days to sellJAug: 289 new listings a month, 29% sold over asking, 44 days to sellASep: 252 new listings a month, 27% sold over asking, 45 days to sellSOct: 223 new listings a month, 27% sold over asking, 49 days to sellONov: 171 new listings a month, 29% sold over asking, 49 days to sellNDec: 122 new listings a month, 25% sold over asking, 56 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than California

Irvine now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price17%24%58%36%
Gone within two weeksShare of homes under contract within 14 days23%33%60%31%
Listings with a price cutShare of homes for sale that cut their price24%21%9%24%
Price paid vs. askingAverage sale price ÷ list price97.8%98.6%101.8%99.7%
Days to sellMedian days from listing to contract61503144
Supply

715 homes for sale on a typical day

That’s 2.8 times the 2023 low (254), about the 2017–19 level and well under 2019’s 907.

2012: 449 for sale’122013: 349 for sale2014: 532 for sale2015: 618 for sale’152016: 667 for sale2017: 605 for sale2018: 714 for sale’182019: 907 for sale2020: 703 for sale2021: 389 for sale’212022: 375 for sale2023: 254 for sale2024: 396 for sale’242025: 718 for saleLast 12 months: 715 for saleNow
Room to negotiate

1 in 4 listings has cut its price

24% in the last year, against 21% in 2017–19 and 24% across California.

2015: 24%’152016: 21%2017: 18%2018: 21%’182019: 23%2020: 18%2021: 9%’212022: 21%2023: 14%2024: 18%’242025: 24%Last 12 months: 24%Now
Prices by type

Since 2019, houses are up 78%, condos 75%

A house typically sold for $2.1M in the last year (835 sales), a condo for $1.3M (988).

$900K$1.4M$1.9M$2.4M2013201520172019202120232025NowHouses 2013: $884K, 1118 salesHouses 2014: $920K, 990 salesHouses 2015: $958K, 1092 salesHouses 2016: $1.1M, 1162 salesHouses 2017: $1.1M, 1234 salesHouses 2018: $1.2M, 1127 salesHouses 2019: $1.2M, 1133 salesHouses 2020: $1.2M, 1145 salesHouses 2021: $1.5M, 1643 salesHouses 2022: $1.8M, 1018 salesHouses 2023: $2M, 832 salesHouses 2024: $2.2M, 910 salesHouses 2025: $2.2M, 832 salesHouses last 12 months: $2.1M, 835 salesHouses $2.1MCondos 2013: $519K, 1335 salesCondos 2014: $559K, 1160 salesCondos 2015: $586K, 1287 salesCondos 2016: $617K, 1392 salesCondos 2017: $654K, 1395 salesCondos 2018: $725K, 1333 salesCondos 2019: $725K, 1315 salesCondos 2020: $733K, 1431 salesCondos 2021: $839K, 1776 salesCondos 2022: $1.1M, 1175 salesCondos 2023: $1.1M, 1028 salesCondos 2024: $1.3M, 1040 salesCondos 2025: $1.3M, 990 salesCondos last 12 months: $1.3M, 988 salesCondos $1.3M

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across California

Irvine ranks 507th of 555 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Irvine is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Irvine home costs about $9,092 a month

Mortgage
Property tax
Insurance
Rent

Price: Irvine’s typical sale, last 12 months. Property tax at Irvine’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Irvine is affordable on local pay is on Cost of living.

Before you buy in Irvine

Six things worth knowing

335

New listings in July

The month with the most choice. December has the fewest, about 122.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $1.5M home, about $12,370 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Irvine, from test results, graduation and how much students grow.

Schools in Irvine
25 min

Typical commute

The average one-way trip to work for people who live in Irvine.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Tustin, Laguna Woods, Lake Forest, North Tustin and Aliso Viejo sell for less a square foot; Newport Beach for far more

The busier markets within 25 miles of Irvine, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Irvine1,997$1.5M$80417%61
Newport Beach1,059$3.7M$1,53814%64
Lake Forest797$1.2M$63430%52
Laguna Woods627$438K$41221%66
Tustin401$1.2M$68831%41
Aliso Viejo362$903K$67530%44
North Tustin289$1.7M$72133%43

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Irvine, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Irvine. People who follow the town see it, and so do people comparing Irvine with their own town. No commission, no listing fee.

Questions about buying a home in Irvine

What do homes sell for in Irvine, CA?

1,997 homes sold in the year to May 2026 at a typical $1.5M, $804 a square foot. Houses sold for about $2.1M, condos for about $1.3M.

Is Irvine a buyer’s or seller’s market?

A balanced market: 744 homes were for sale in May 2026 and 161 sold, about 4.6 months of supply. Buyers paid 97.8% of asking on average, and 24% of listings cut their price.

When is the best time to buy in Irvine?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Irvine?

About 0.8% of a home’s value a year. On a $1.5M home that’s near $12,370.

Where can I see homes for sale in Irvine?

Zillow, Redfin, Realtor.com and Homes.com all carry Irvine’s MLS listings; the search links above open each one filtered to Irvine.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).