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Irvine Spectrum Oak Creek Orchard Hills Portola Springs Woodbury

IRVINE, CA 92618

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 92618

Irvine Spectrum · Oak Creek · Orchard Hills · Portola Springs · Woodbury

Market Analysis

Data as of February 2026. Source: Realtor.com.

The IRVINE, CA real estate market (92618) currently shows 247 active listings, with 65 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 40 days on market compared to 33 days last year.

The median listing price has fallen 7.8% year-over-year, from $1,987,250 to $1,831,500.

Whether you are buying or selling in IRVINE, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 59,386  ·  Density: 1,108.1/mi²  ·  Median household income: $132,843

Typical home value: $1,108,840  ·  Homeownership: 39.4%

Market Overview

Active Listings
247
⇧ 15.4% vs 214 last year
Pending
65
26% pending ratio
Median Price
$1,831,500
⇩ 7.8% vs $1,987,250 last year
Average Price
$2,125,633
⇩ 5.4% vs $2,246,201 last year
Days on Market
40
⇧ 21.2% vs 33 days last year

Price Per Square Foot

Median $/sqft
$793
⇩ 6% vs $844/sqft last year
Median Home Size
2,387 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 247 this year vs 214 last year
  • Days on market: 40 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $1,831,500 (-7.8% YoY)
  • Average: $2,125,633 (-5.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.8 miles — 852 listings ($2,734,545,051 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
92618Irvine, CA 926180.0 mi209$441,363,692$1,788,000$2,111,788
92630Lake Forest, CA 926303.2 mi111$158,208,078$1,399,999$1,425,298
92602Irvine, CA 926024.1 mi67$229,806,918$2,850,000$3,429,954
92603Irvine, CA 926034.4 mi27$105,097,230$2,943,500$3,892,490
92606Irvine, CA 926065.0 mi17$24,160,043$1,572,000$1,421,179
92653Laguna Hills, CA 926535.5 mi36$72,059,256$1,325,000$2,001,646
92782Tustin, CA 927825.6 mi41$79,542,747$1,650,000$1,940,067
92656Aliso Viejo, CA 926566.4 mi56$57,306,592$827,000$1,023,332
92780Tustin, CA 927806.9 mi51$57,477,663$937,500$1,127,013
92657Newport Coast, CA 926577.5 mi51$912,414,684$12,500,000$17,890,484
92688Rancho Santa Margarita, CA 926887.8 mi74$66,390,802$799,000$897,173
92707Santa Ana, CA 927078.4 mi39$28,155,270$799,000$721,930
92625Corona Del Mar, CA 926258.8 mi73$502,562,076$5,295,000$6,884,412

Frequently Asked Questions

How many homes are for sale in IRVINE, CA 92618?

As of February 2026, there are 247 active listings in IRVINE, CA (zip code 92618), compared to 214 the prior year.

What is the median home price in IRVINE, CA 92618?

The median listing price in IRVINE, CA 92618 is $1,831,500 as of February 2026, a 7.8% decrease from $1,987,250 the prior year.

How long do homes stay on the market in IRVINE, CA?

Homes in IRVINE, CA 92618 spend an average of 40 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in IRVINE, CA 92618?

Based on current inventory and days-on-market data as of February 2026, IRVINE, CA 92618 is currently a Buyer's Market. Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 40 days on market compared to 33 days last year.

How much can I save on real estate commission in IRVINE, CA?

With SELL123.com's maximum 3% commission, sellers in IRVINE, CA 92618 save an estimated $36,630 compared to a typical 5% commission on the median listing price of $1,831,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.