The story of this market
The typical home in ZIP 92865 sells for about $1,150,000, or $625 per square foot.
Prices are down 2.2% from a year ago, which gives buyers more room to negotiate. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $4,000 a month.
ZIP 92865
The 92865 housing market remains competitive with high demand, though price growth has moderated compared to previous years. Inventory remains tight, supporting current price levels despite a slight year-over-year dip. Buyers are active, but the market is sensitive to interest rate fluctuations and affordability constraints.
This ZIP is well-suited for family buyers and established professionals who value proximity to Orange County's employment centers. It offers a suburban lifestyle with access to established amenities, making it attractive to those seeking stability over high-density urban living.
Median prices moved down 2.2% year over year.
Homes spend a median of 50 days on market with 3.2 months of supply — a fast-moving market.
15% 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 3.5% · poverty 7.0% — 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 6.5%/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 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 92865, Orange County CA
Crime rates in the area 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 Orange Unified School District, which generally maintains solid academic performance ratings. Many schools in the vicinity are well-regarded for their extracurricular programs and community involvement.
The region faces moderate risks related to wildfire exposure and occasional seismic activity common to Southern California. Property insurance premiums have seen upward pressure due to these environmental factors.
Economic momentum is driven by proximity to major Orange County employment hubs and ongoing redevelopment of older commercial corridors. Infrastructure improvements focus on enhancing traffic flow and utility capacity for existing residential zones.
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 55 and 5 freeways, providing access to major employment centers in Irvine and Santa Ana. Public transit options are limited, making personal vehicle use the primary mode of commuting.
The area features several local parks and is within a short drive of the Santa Ana River Trail and various golf courses. Shopping and dining are concentrated along the Tustin Street corridor.
The rental market is characterized by high demand and limited inventory, leading to steady rent growth. There is a mix of long-term residential rentals and some investor-owned properties.
The local economy is anchored by healthcare, education, and retail sectors. Proximity to major corporate headquarters in neighboring Irvine provides significant employment opportunities.
The area is served by a network of major freeways including the 55 and 5. Public transportation is primarily provided by OCTA bus services.
Development is focused on infill projects and the revitalization of existing commercial zones. There is limited land for large-scale new residential construction.
Parcels are subject to Orange Unified School District taxes and various municipal utility assessments.
Property insurance market is stable but experiencing premium increases due to regional wildfire and climate risk assessments.
Data retrieved from data.census.gov ZCTA 92865 profile.
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 Park4.64.3 mi
- Knott's Berry Farm4.68.7 mi
- Disney California Adventure Park4.74.4 mi
- Great Wolf Lodge | Southern California4.45.3 mi
- Disneyland Resort4.74.4 mi
- Angel Stadium4.62.9 mi
- Anaheim Convention Center4.54.7 mi
- Honda Center4.62.3 mi
- The Source OC4.28.8 mi
- OC Fair & Event Center4.411.9 mi
- Disneyland Park4.64.3 mi
- Knott's Berry Farm4.68.7 mi
- Downtown Disney District4.64.6 mi
- Disney California Adventure Park4.74.4 mi
- Honda Center4.62.3 mi
- Great Park4.612.6 mi
- Irvine Regional Park4.85.8 mi
- Santa Ana Zoo4.16.1 mi
- Chino Hills State Park4.611.9 mi
- Mile Square Regional Park4.79.3 mi
- Los Serranos Country Club4.412.8 mi
- Coyote Hills Golf Course4.45.7 mi
- Costa Mesa Country Club3.912.3 mi
- Anaheim Hills Golf Club4.24.9 mi
- Tustin Ranch Golf Club4.17.4 mi
- South Coast Plaza4.610 mi
- The Outlets at Orange4.44.2 mi
- Downtown Disney District4.64.6 mi
- Brea Mall4.56.2 mi
- The Source OC4.28.8 mi
- John Wayne Airport4.610.9 mi
- Ontario International Airport4.521.1 mi
- Long Beach Airport4.617.4 mi
- Chino Airport4.715.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large community park offering sports fields and picnic areas.
Major retail and dining hub serving the local community.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).