92617, Irvine, CA

Irvine, California is a city located in Orange County, California. As of the 2010 census, the city had a population of 269,769. The 92617 zip code covers much of Irvine and has a population of over 268,000 people. Home prices in this zip code have increased significantly over the past few years and are now some of the highest in Orange County.

The median home price in 92617 was $527,500 as of September 2017. This is up from $449,900 as of March 2016 and $406,700 as of September 2015. The average home price has also increased significantly during this time period; it was $566,100 as of September 2017 compared to $456,800 as of March 2016 and $405,600 as of September 2015. This increase can be attributed to several factors including an influx of new residents into the area due to growth in technology companies such as Google and Facebook and an increase in demand for housing due to increasing wages across all sectors.

Despite these increases however there are still areas within this zip code that are affordable compared to other areas within Orange County. The median home price for a single family home in 92617 is currently just under $500K which is lower than both Newport Beach ($1 million) and Irvine ($1.2 million). Additionally there are many neighborhoods within this zip code that have median home prices below $400K which makes them more affordable than many other areas within Orange County