The story of this market
The typical home in ZIP 92868 sells for about $839,000, or $568 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $3,051 a month.
ZIP 92868 — Orange
The 92868 housing market remains stable with steady price appreciation and high demand for rental properties. While inventory remains tight, the area's strong employment base and central location continue to support market activity. Buyers and investors should remain mindful of management intensity and affordability constraints in this high-demand ZIP.
This ZIP is well-suited for healthcare professionals, university-affiliated staff, and families seeking a central location with access to established amenities. It is also attractive to investors looking for stable rental demand in a high-barrier-to-entry market.
Median prices moved up 2.4% year over year.
Homes spend a median of 34 days on market with 2.8 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 3.9% · poverty 11.2% — 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 5.6%/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 5.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 92868, Orange County CA
Crime rates in the 92868 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 safety trends.
Schools serving the 92868 ZIP code are part of the Orange Unified School District, which generally maintains moderate to high performance ratings. The area is well-regarded for its access to both public K-12 institutions and proximity to higher education facilities.
The area faces standard Southern California risks, primarily related to seismic activity and occasional wildfire smoke impacts. Flood risk is generally low, though localized drainage management is a standard municipal priority.
Economic momentum is driven by the proximity to major healthcare and educational anchors, including the UC Irvine Medical Center. Infrastructure development focuses on maintaining high-density residential 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%). 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 immediate access to the I-5 and SR-22 freeways, facilitating commutes to major employment hubs in Orange, Santa Ana, and Irvine. Public transit options include local bus lines and proximity to regional rail stations.
The area features several local parks and is within a short drive of the historic Old Towne Orange district, which offers extensive shopping, dining, and entertainment. Nearby recreational facilities include community sports complexes and regional trail networks.
The rental market is characterized by high demand and low vacancy rates, driven by the area's central location and proximity to major medical and educational employers. Rent growth remains steady, reflecting the broader Orange County housing pressure.
The economy is anchored by the healthcare sector, specifically the UC Irvine Medical Center, and supported by a diverse mix of retail, education, and professional services.
The area is served by a robust network of freeways including the I-5 and SR-22, with regional transit connectivity provided by OCTA bus services.
Development pipeline is focused on high-density residential projects and medical campus infrastructure improvements.
The Orange County Assessor manages property valuations in accordance with state law, focusing on market-based assessments at the time of transfer.
Parcels are subject to Orange Unified School District taxes and various municipal utility and flood control district assessments.
Property insurance premiums are influenced by regional wildfire and seismic risk factors, with standard coverage widely available.
Data retrieved from ZCTA-level census 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 Park4.63.1 mi
- Knott's Berry Farm4.68.2 mi
- Disney California Adventure Park4.72.9 mi
- Great Wolf Lodge | Southern California4.42.4 mi
- Disneyland Resort4.73.2 mi
- Angel Stadium4.61 mi
- Anaheim Convention Center4.52.8 mi
- Honda Center4.61.5 mi
- The Source OC4.28.7 mi
- OC Fair & Event Center4.48.5 mi
- Disneyland Park4.63.1 mi
- Knott's Berry Farm4.68.2 mi
- Downtown Disney District4.63.2 mi
- Disney California Adventure Park4.72.9 mi
- Honda Center4.61.5 mi
- The Queen Mary4.418.3 mi
- BAPS Shri Swaminarayan Mandir, Chino Hills4.816.6 mi
- Discovery Cube Orange County4.41.2 mi
- Richard Nixon Presidential Library & Museum4.87.8 mi
- UC Irvine Langson Orange County Museum of Art | Costa Mesa4.46.6 mi
- Great Park4.610.9 mi
- Irvine Regional Park4.86.8 mi
- Santa Ana Zoo4.13.5 mi
- Mile Square Regional Park4.75.9 mi
- Huntington State Beach4.711.7 mi
- Costa Mesa Country Club3.98.8 mi
- Coyote Hills Golf Course4.47.9 mi
- Strawberry Farms Golf Club4.510.5 mi
- Anaheim Hills Golf Club4.27.4 mi
- Tustin Ranch Golf Club4.16.2 mi
- South Coast Plaza4.66.7 mi
- The Outlets at Orange4.41.1 mi
- Downtown Disney District4.63.2 mi
- Brea Mall4.58.9 mi
- Fashion Island4.611.7 mi
- John Wayne Airport4.67.7 mi
- Ontario International Airport4.524.5 mi
- Long Beach Airport4.616 mi
- Chino Airport4.718.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional medical anchor and employer.
Historic district featuring unique retail and dining experiences.
Large community park with sports facilities and picnic areas.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).