Aliso Viejo, CA 92656 Real Estate Market Report

ZIP Code: 92656
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of March 2026, the real estate market in Aliso Viejo is characterized by a median sold price of $1,349,500, reflecting a cooling trend with year-over-year price declines. The neighborhood has decreased 8% since 2022, indicating a shift in market dynamics. While the median listing price stands at $1,299,500, the gap between listing and sold prices may suggest some pricing friction as sellers adjust expectations in response to changing market conditions.

The market is experiencing elevated inventory levels, with median days on market reaching 293 days, indicating slower sales velocity. This extended time frame for properties on the market, combined with elevated interest rates, may pressure affordability and contribute to a more balanced market environment. Despite these challenges, the median market rent of $4,330 shows an upward trend, suggesting that rental demand remains robust even as sales activity moderates.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Aliso Viejo CA market average around 6.22% to 6.875%, which is higher than the 2025 average of approximately 6.66%, suggesting property owners locked in a more favorable rate last year.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $1,349,500 indicates a significant adjustment in market value, reflecting a decrease of 8% since 2022.

2. With median days on market at 293, properties are taking longer to sell, suggesting slower sales velocity in the current environment.

3. The median listing price of $1,299,500 is closely aligned with the sold price, indicating potential pricing friction as sellers adjust to market realities.

4. Elevated inventory levels relative to sales activity may lead to excess supply, impacting future pricing strategies.

5. Despite the cooling sales market, the median market rent is up to $4,330, indicating a strong rental demand that may provide stability in the overall market.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.