The story of this market
The typical home in ZIP 92831 sells for about $980,000, or $565 per square foot.
Prices are down 15% from a year ago, which gives buyers more room to negotiate. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,379 a month.
ZIP 92831
The 92831 housing market remains competitive with a median price of $980,000, reflecting a slight cooling trend compared to the previous year. Demand is supported by the area's strong educational institutions and proximity to major employment hubs, though high interest rates have tempered transaction volume. Inventory remains tight, keeping the market in a balanced state for buyers and sellers.
This ZIP code is well-suited for families seeking established suburban neighborhoods, university-affiliated professionals, and commuters who value transit access. It offers a balance of residential stability and proximity to regional amenities.
Median prices moved down 15.0% year over year.
Homes spend a median of 28 days on market with 3.4 months of supply — a fast-moving market.
19% 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 3.8% · poverty 9.5% — 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 5.9%/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 5.9%/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 92831, Orange County CA
Crime rates in Fullerton are generally consistent with regional averages for Orange County, with property crime being the primary concern. Local law enforcement maintains active community outreach programs to address neighborhood safety.
The area is served by the Fullerton School District and Fullerton Joint Union High School District, which are generally well-regarded. Schools in this ZIP code often benefit from strong community involvement and proximity to higher education institutions.
The area faces standard Southern California risks, including seismic activity and occasional wildfire smoke impacts. Flood risk is generally low, though localized drainage issues can occur during heavy rain events.
Economic momentum is driven by the presence of California State University, Fullerton, and a diverse mix of retail and light industrial sectors. Infrastructure improvements focus on transit-oriented development near the downtown Fullerton corridor.
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 benefit from proximity to the Fullerton Transportation Center, providing access to Metrolink and Amtrak services. Major highway access via the 57 and 91 freeways facilitates commuting to employment hubs in Orange County and Los Angeles.
The area features numerous parks, including Hillcrest Park and the Fullerton Arboretum, offering extensive green space and walking trails. Shopping and dining are concentrated in the historic downtown district and nearby retail centers.
The rental market is characterized by high demand and low vacancy rates, driven by the student population and proximity to major employment centers. Rent growth has stabilized following significant increases in previous years.
The economy is anchored by California State University, Fullerton, and a robust healthcare and retail sector. The area serves as a regional hub for education and professional services in North Orange County.
The area is served by the Fullerton Transportation Center, connecting residents to regional rail and bus networks. Major arterial roads and proximity to the 57 and 91 freeways support heavy commuter traffic.
Development planning focuses on transit-oriented residential projects and the revitalization of older commercial corridors. City initiatives prioritize sustainable growth and housing density near transit hubs.
The Orange County Assessor manages property valuations, adhering to Proposition 13 guidelines for assessment caps. Assessments are updated upon change of ownership or new construction.
Parcels are subject to various special districts, including school district bonds and municipal utility assessments. These are typically reflected in the annual property tax bill.
Property insurance premiums are rising due to regional wildfire and seismic risk factors. Homeowners are encouraged to maintain comprehensive coverage and fire-mitigation measures.
California has experienced net domestic out-migration, though Orange County remains a destination for high-income professionals. International migration continues to offset domestic losses in urban centers.
California utilizes a non-judicial foreclosure process, which is generally faster than judicial alternatives. Statutory notice periods and rights of redemption are strictly regulated.
California law requires comprehensive seller disclosures regarding the physical condition of the property and any known material defects. This includes mandatory natural hazard disclosure reports.
Data retrieved from US Census Bureau 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 Park4.65 mi
- Knott's Berry Farm4.66.5 mi
- Disney California Adventure Park4.75.4 mi
- Great Wolf Lodge | Southern California4.47.2 mi
- Disneyland Resort4.75.1 mi
- Angel Stadium4.65.7 mi
- Anaheim Convention Center4.55.8 mi
- Honda Center4.65.2 mi
- The Source OC4.26.1 mi
- OC Fair & Event Center4.414.9 mi
- Disneyland Park4.65 mi
- Knott's Berry Farm4.66.5 mi
- Downtown Disney District4.65.2 mi
- Disney California Adventure Park4.75.4 mi
- Honda Center4.65.2 mi
- The Queen Mary4.419.1 mi
- BAPS Shri Swaminarayan Mandir, Chino Hills4.813.1 mi
- Fairplex Administration Offices4.515.7 mi
- Discovery Cube Orange County4.47.9 mi
- Richard Nixon Presidential Library & Museum4.84.4 mi
- Rose Hills Memorial Park & Mortuary4.312.4 mi
- Irvine Regional Park4.89.9 mi
- Santa Ana Zoo4.110 mi
- Chino Hills State Park4.612.1 mi
- Mile Square Regional Park4.711.5 mi
- Industry Hills Golf Club at Pacific Palms Resort4.49.7 mi
- Los Serranos Country Club4.412.7 mi
- Coyote Hills Golf Course4.41.3 mi
- Anaheim Hills Golf Club4.28.1 mi
- Diamond Bar Golf Course3.89.7 mi
- The Outlets at Orange4.46.9 mi
- Downtown Disney District4.65.2 mi
- Brea Mall4.52.4 mi
- Los Cerritos Center4.511.5 mi
- The Source OC4.26.1 mi
- Los Angeles International Airport3.929.4 mi
- John Wayne Airport4.614.4 mi
- Ontario International Airport4.520.9 mi
- Long Beach Airport4.615.4 mi
- Chino Airport4.716.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A 26-acre botanical garden located on the CSU Fullerton campus.
Historic park featuring walking trails, playgrounds, and scenic views.
Central hub for restaurants, nightlife, and local businesses.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).