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Market Snapshot

Median listing price
$1.89M

The median listing price in Irvine, CA ZIP 92614 is $1,894,999.5 as of June 2026.

Median rent
$3,314/mo

The median market rent in Irvine, CA ZIP 92614 is $3,314/month as of June 2026.

Days on market
315 days

The median days on market in Irvine, CA ZIP 92614 is 315 days as of June 2026. The market is currently neutral.

Gross rental yield
2.10%

At a median list price of $1,894,999.5 and a median rent of $3,314/month, the gross rental yield in Irvine, CA ZIP 92614 is 2.10% as of June 2026.

STR vs LTR
$2,079/mo STR · $3,314/mo LTR

In Irvine, CA ZIP 92614, median Airbnb revenue is $2,079/month compared to median long-term rent of $3,314/month as of June 2026.

Irvine, CA 92614 Real Estate Market Report

ZIP Code: 92614

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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.

Analysis Window
90 Days
Total Properties Analyzed
23
Active Listings
15
Sold Properties
8

Market Metrics

Median Listing Price
$1,895,000
Median Sold Price
$1,775,000
Median Price per Sqft
$903/sqft

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.


Rental Market

Median Market Rent
$3,314

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.


Property Taxes

Property Tax Rate
0.54%

Liquidity & Velocity

Median Days on Market
315
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Irvine, CA, are averaging 6.6%, which is higher than the sub-6% rates seen earlier in 2026, indicating that property owners in this market likely hold more favorable financing than currently available.

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


Key Findings

  1. The primary market indicator, median sold price 1,775,000, points to realized market value in the ZIP and sits below the median listing price 1,895,000, which suggests a gap between seller expectations and final transaction prices that may indicate pricing friction or negotiation room for buyers.
  2. Liquidity appears muted: the median days on market 315 is long, which signals slower sales velocity and extended marketing times even as the sample shows relatively constrained active supply; this combination may indicate moderate near-term transaction friction rather than a rapid market turnover.
  3. Price momentum is positive: the market shows a year-over-year price trend of up, and rental dynamics are also firm with rent year-over-year trend up and a median market rent 3,314, supporting investor interest in rental income continuity.
  4. Financing and cost-of-capital present a cautionary context: current mortgage conditions are less favorable than earlier in the year—current 30-year fixed mortgage rates are averaging 6.6%, and interest rate pressure is characterized as moderate, which may restrain some buyers who previously benefited from lower-rate financing.

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.

Recent Transactions

5 Cannes, Irvine, CA 92614
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds3 baths2,817 sqft
$2,330,000
May 1, 2026
$827/sqft/sqft
3922 days on market
39 Foxboro, Irvine, CA 92614
Market Benchmark

Sold at market average

4 beds3 baths2,713 sqft
$2,325,000
Apr 1, 2026
$857/sqft/sqft
218 days on market
18 Decente, Irvine, CA 92614
Market Benchmark

Sold at market average

4 beds3 baths2,662 sqft
$2,249,000
Apr 1, 2026
$845/sqft/sqft
88 days on market
6 Whitecloud, Irvine, CA 92614
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds2 baths1,440 sqft
$1,750,000
May 1, 2026
$1,215/sqft/sqft
95 days on market
18 Bayfield, Irvine, CA 92614
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds3 baths1,875 sqft
$1,685,000
May 1, 2026
$899/sqft/sqft
873 days on market
10 Laconia, Irvine, CA 92614
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,807 sqft
$1,575,000
Apr 1, 2026
$872/sqft/sqft
310 days on market
7 Galanto, Irvine, CA 92614
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,860 sqft
$1,545,000
May 1, 2026
$831/sqft/sqft
103 days on market
7 Spring Buck, Irvine, CA 92614
Premium

Sold above market average

2 beds2 baths1,208 sqft
$1,315,000
Apr 1, 2026
$1,089/sqft/sqft
131 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$7,009/mo
92614 Avg Rent
92614 Cost to Own
Rent$3,314
Own$10,323

20% down, 6.53% rate, 0.5% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

92614 Avg nightly rate
92614 Avg occupancy (days/year)
Nightly rate$230/night
Occupancy110 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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