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Market · ZIP code report

92602 Irvine housing market

The median sale price in the 92602 ZIP code fell to $2,180,000 in the six months to October 2026. About one in five sold above asking, after a median 31 days on the market. About 4.5 months of supply.

May to October 2026 · updated November 2, 2026

ZIP 92602: the six months in numbers

Closed home sales May to October 2026, and the homes for sale on November 2, 2026. Totals and medians only, never a single address.

$2,180,000Median sale price
$892Median price per sq ft
113Closed sales
31 daysMedian days on market
85Homes for sale now
4.5 monthsMonths of supply

Against the last asking price

  • 22 above asking (about one in five)
  • 8 at asking (about one in ten)
  • 83 below asking (about three in four)

What is happening in ZIP 92602

113 homes closed in the 92602 ZIP code in Irvine between May and October 2026. The median sale price was $2,180,000, or $892 a square foot. The typical home spent 31 days on the market: half sold faster than that, half slower.

About three in four sold below the last asking price (83 of 113). 8 sold right at asking and 22 above it. Most buyers negotiated something off the number, so an asking price here is an opening position, not a verdict.

The median price was $206,250 below the $2,386,250 of a year earlier (May to October 2025). There were 11 more sales than the 102 of that period. Homes sold 4 days slower at the median (27 days then).

85 homes were listed for sale in the 92602 ZIP code on November 2, 2026. At the pace homes sold over the last six months, that is about 4.5 months of supply, inside the four to six month range usually read as balanced.

Months of supply is the number of homes for sale divided by the number that sold in a typical month. Four to six months is the range usually read as balanced.

Against a year earlier

May to October 2026 against the same six months a year before (May to October 2025), so the season is the same on both sides.

MeasureMay to October 2026May to October 2025Change
Closed sales11310211 more
Median sale price$2,180,000$2,386,250Down $206,250
Median price per sq ft$892$908Down $16
Median days on market31 days27 days4 days slower
Sold above asking221210 more
Sold below asking83841 fewer

Residential sales that closed May to October 2026, compared with May to October 2025; homes for sale as of November 2, 2026. Covers sales inside ZIP 92602 recorded as Irvine. Areas with fewer than 8 closed sales in the six months get no report, and a year-earlier comparison shows only when that period also reached 8.

Based on information from California Regional Multiple Listing Service, Inc. as of November 2, 2026 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.