Irvine, CA 92623 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Irvine, CA — 92623
Median Listing Price
--
Population
--
Households
1,082,960
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
1.1M
units
Occupied
1,082,960
94.5%
Vacant
63,209
5.5%
2024 Tenure
1.1M
occupied
Owner
610,659
56.4%
Renter
472,301
43.6%
Renter Share
43.6%
+0.1% YoY
Total Housing Units
1,146,169
+0.7% YoY
FY2026 Fair Market Rent — Orange County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$2,682
/month
1 BR
$2,746
/month
2 BR
$3,236
/month
3 BR
$4,393
/month
4 BR
$5,246
/month
FMR Trends — Orange County
Source: HUD Fair Market Rents
County Demographics
Median Age
39.4
2024
Population
Orange County Population
3,170,435
+0.5% YoY
Households
Total Households
1,082,960
+0.8% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.87
-1.0% YoY
Age
2024 Age Mix
3.2M
residents
Under 18
665,133
21.0%
Adults 18–64
1,985,863
62.7%
65 & Over
514,824
16.3%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
665,133
-1.4% YoY
Population 65 & Over
514,824
+3.2% YoY
Median Age
39.40
+0.8% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
88.9%
Moved (within US)
10.4%
Other
0.7%
Veterans
3.5%
-2.8% YoY
County Economy
Income
Median Household Income
$116K
+2.3% YoY
Per-Capita Income
$55K
+3.3% YoY
Mean Household Income
$157K
+2.8% YoY
Poverty
Below Poverty Level
9.5%
0.0% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
67.5%
Public transit
1.2%
Worked from home
18.5%
Other
12.8%
Worked From Home
18.5%
+11.4% YoY
Mean Commute
26.70
-1.1% YoY
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