The story of this market
The typical home in ZIP 90623 sells for about $1,219,638, or $625 per square foot.
Prices are roughly flat from a year ago (+0.2%), a market in balance. Homes take about 30 days to sell. HUD's fair market rent for a two-bedroom is $2,790 a month.
ZIP 90623
The 90623 housing market remains highly competitive with limited inventory, driving a seller's market environment. Median prices have shown slight year-over-year growth, though rental data is currently unavailable for this specific ZIP. Market activity is characterized by quick turnover and high demand relative to the available supply.
This ZIP is well-suited for families and established professionals seeking a quiet, suburban environment with convenient access to major Southern California employment centers.
Median prices moved up 0.2% year over year.
Homes spend a median of 30 days on market with 0.5 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 90623, Orange County CA
The area is served by the Anaheim Union High School District and Centralia Elementary School District, generally regarded as providing stable educational opportunities.
The area is subject to standard Southern California seismic risks and localized flood management protocols.
La Palma is a largely built-out residential community with limited new development space, focusing primarily on infill and property maintenance.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%). County (Orange County, California) — Ad Valorem Property Tax (Base Rate): The base property tax rate is 1% of the assessed value as mandated by California Proposition 13, plus additional voter-approved local levies, resulting in an effective rate typically ranging from 1.1% to 1.3%.
Residents typically commute via the I-5 and SR-91 corridors toward employment hubs in Orange County and Los Angeles.
The area features local community parks such as Central Park and is within short driving distance of regional shopping centers and golf courses in neighboring cities.
The rental market is characterized by low vacancy and high demand, with limited inventory available for long-term lease.
The local economy is primarily residential, with residents commuting to major employers in the broader Orange County and Los Angeles metropolitan areas.
The area is served by major highway corridors including the I-5 and SR-91, facilitating regional transit.
Development is largely limited to residential infill and minor commercial renovations due to the built-out nature of the city.
The Orange County Assessor manages property valuations based on Proposition 13 guidelines.
Parcels are subject to standard Orange County property tax levies, including school district and municipal service assessments.
Property insurance premiums are influenced by regional wildfire and seismic risk factors common to Southern California.
Data retrieved from US Census Bureau ZCTA-level profiles via secondary aggregator.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Disneyland Park4.67.6 mi
- Knott's Berry Farm4.62.6 mi
- Disney California Adventure Park4.77.7 mi
- Great Wolf Lodge | Southern California4.48.8 mi
- Disneyland Resort4.77.5 mi
- Dodger Stadium4.719.2 mi
- SoFi Stadium4.618.4 mi
- Crypto.com Arena4.718.6 mi
- Angel Stadium4.69.9 mi
- Kia Forum4.518.7 mi
- Disneyland Park4.67.6 mi
- Knott's Berry Farm4.62.6 mi
- Aquarium of the Pacific4.610.6 mi
- Downtown Disney District4.67.4 mi
- Disney California Adventure Park4.77.7 mi
- The Huntington Library, Art Museum, and Botanical Gardens4.819.8 mi
- The Broad4.718.5 mi
- The Queen Mary4.410.6 mi
- Natural History Museum of Los Angeles County4.818.2 mi
- California Science Center4.718.1 mi
- Rose Hills Memorial Park & Mortuary4.311.6 mi
- Rosie's Dog Beach4.78.4 mi
- Mile Square Regional Park4.710.8 mi
- Carbon Canyon Regional Park4.713 mi
- Don Knabe Community Regional Park4.60.9 mi
- Long Beach Yacht Club4.77.7 mi
- Alamitos Bay Marina4.67.9 mi
- Seal Beach Yacht Club4.77.5 mi
- Coyote Hills Golf Course4.48.7 mi
- Rio Hondo Golf Club4.29.3 mi
- El Dorado Park Golf Course4.34.6 mi
- Navy Golf Course4.53.7 mi
- La Mirada Golf Course3.84.6 mi
- Citadel Outlets4.512.6 mi
- The Outlets at Orange4.49.8 mi
- Downtown Disney District4.67.4 mi
- Brea Mall4.510.2 mi
- Los Cerritos Center4.53 mi
- Los Angeles International Airport3.921.6 mi
- John Wayne Airport4.615.7 mi
- Ontario International Airport4.529.4 mi
- Hollywood Burbank Airport4.430.1 mi
- Long Beach Airport4.66.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A primary community green space serving local residents.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).