92606, Irvine, CA

Irvine, California is a city located in Orange County. As of the 2010 census, the population was 248,711. The 92606 zip code covers much of eastern Irvine and has a population of approximately 149,000 people. Home prices in this zip code have increased significantly over the past few years and are now among the highest in Orange County.

The median home price in Irvine as of February 2017 was $499,000. This is up from $412,500 as of December 2016 and $368,900 as of February 2015. The average home size in this zip code is 2,851 square feet and there are an estimated 97 homes for sale currently. The majority (approximately 73%) of homes in this zip code were built between 1990 and 1999.

There are several factors that have contributed to the increase in home prices in Irvine over the past few years:

-The availability of housing: There is a high demand for housing in Irvine due to its growing population and affluent lifestyle.

-The economy: The economy has been strong overall since 2013 which has helped to drive up home prices.

-Low interest rates: Low interest rates have made it more affordable for people to borrow money to buy a home than ever before.

-Strong market conditions: The market conditions for homes have been very stable over the past few years which has helped to keep prices high.