The story of this market
The typical home in ZIP 92823 sells for about $929,000, or $598 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $3,501 a month.
ZIP 92823
The housing market in 92823 remains resilient with steady price appreciation and low inventory levels. High demand for suburban family homes continues to drive competition, though rising interest rates have moderated the pace of sales compared to previous years.
This ZIP is ideal for established families and professionals seeking a suburban lifestyle with high-quality schools and convenient access to Orange County employment hubs.
Median prices moved up 3.2% year over year.
Homes spend a median of 35 days on market with 2.3 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 9.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 92823, Orange County CA
Brea generally maintains lower crime rates compared to the broader Orange County region, with property crime being the primary concern. Local law enforcement emphasizes community-oriented policing to maintain safety in residential neighborhoods.
Schools serving the 92823 area are part of the Brea Olinda Unified School District, which is highly regarded for its academic performance and college readiness programs.
The area is subject to standard California wildfire risk assessments and requires mandatory disclosure for seismic activity zones. Insurance availability remains stable but premiums reflect regional wildfire exposure.
Economic momentum is driven by the proximity to major corporate hubs in North Orange County and the ongoing redevelopment of the Brea downtown and commercial corridors.
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%).
Residents primarily commute via the 57 freeway toward employment centers in Anaheim, Fullerton, and the broader Los Angeles basin.
The area features extensive access to the Carbon Canyon Regional Park, local golf courses, and the Brea Mall, which serves as a major regional shopping anchor.
The rental market is characterized by low vacancy rates and high demand, driven by professionals working in nearby tech and medical sectors.
The local economy is anchored by retail, healthcare, and professional services, with significant employment spillover from the nearby Anaheim and Irvine business districts.
Transportation is heavily reliant on private vehicles, with the 57 freeway serving as the primary artery for regional transit.
Development is currently focused on high-density residential projects near the city center to address housing demand.
The Orange County Assessor manages property valuations, adhering to state-mandated assessment cycles and Proposition 13 guidelines.
Parcels are subject to various special districts, including local school district bonds and municipal water district assessments.
Property insurance markets are tightening due to regional wildfire risks, leading to increased premiums for homes in high-fire-severity zones.
California continues to see net domestic out-migration, though high-income areas like Brea maintain stable population levels due to local economic stability.
California is a non-judicial foreclosure state, providing a structured process for lenders while offering specific protections for homeowners.
California law requires comprehensive seller disclosures regarding property condition, natural hazards, and environmental issues.
Data retrieved from data.census.gov ZCTA-level tables.
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 Park4.610.3 mi
- Knott's Berry Farm4.612.7 mi
- Disney California Adventure Park4.710.7 mi
- Great Wolf Lodge | Southern California4.412 mi
- Disneyland Resort4.710.5 mi
- Angel Stadium4.69.8 mi
- Anaheim Convention Center4.511 mi
- Honda Center4.69.2 mi
- The Source OC4.212.1 mi
- OC Fair & Event Center4.418.8 mi
- Disneyland Park4.610.3 mi
- Knott's Berry Farm4.612.7 mi
- Downtown Disney District4.610.6 mi
- Disney California Adventure Park4.710.7 mi
- Honda Center4.69.2 mi
- BAPS Shri Swaminarayan Mandir, Chino Hills4.87 mi
- Fairplex Administration Offices4.511 mi
- Discovery Cube Orange County4.411.4 mi
- Richard Nixon Presidential Library & Museum4.82.7 mi
- Bowers Museum4.711.8 mi
- Irvine Regional Park4.89.3 mi
- Chino Hills State Park4.66 mi
- Santa Ana Zoo4.112.8 mi
- Orange County Zoo4.79.4 mi
- Carbon Canyon Regional Park4.72 mi
- Los Serranos Country Club4.46.5 mi
- Industry Hills Golf Club at Pacific Palms Resort4.49.7 mi
- Coyote Hills Golf Course4.46.2 mi
- Anaheim Hills Golf Club4.26.2 mi
- Diamond Bar Golf Course3.85.8 mi
- The Outlets at Orange4.411.2 mi
- Downtown Disney District4.610.6 mi
- Brea Mall4.54.9 mi
- The Source OC4.212.1 mi
- MainPlace Mall4.411.2 mi
- John Wayne Airport4.617.8 mi
- Ontario International Airport4.514.8 mi
- Long Beach Airport4.621.4 mi
- Chino Airport4.710.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features a redwood grove and extensive hiking trails.
Major regional shopping destination with high-end retail.
Public 18-hole course serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.