92602 — Orange County, California Market Snapshot

Housing market data for zip code 92602 in Orange County, California. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

52 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$2,144,000

Closed sales

Days to Sell

50

Median, listing to close

Homes Sold

52

Closed in 2026

Inventory

93

Sale-to-List

97.9%

New Listings

109

Price/SqFt

$853

Pending Sales

69

Jumbo Loan Likely Needed

The median home in 92602 at $2,144,000 exceeds the 2026 conforming loan limit of $1,249,125 by $894,875. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Market Insights

Market Temperature

92602's market is balanced with homes taking an average of 50 days to sell. Buyers have some negotiating room without the pressure of bidding wars.

Sale-to-List Ratio

The average home in 92602 sells for 2.1% below asking price (97.9% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

The median home in 92602 at $2,144,000 exceeds the 2026 conforming loan limit of $1,249,125 by $894,875. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Loan limits in 92602 are set at the county level.

2026 Loan Limits — Orange County

Property Units Conforming Limit FHA Limit
1 Unit$1,249,125$1,249,125
2 Units$1,599,375$1,599,375
3 Units$1,933,200$1,933,200
4 Units$2,402,625$2,402,625

Affordability Snapshot — Zip 92602

To purchase the median home at $2,144,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $16,577.

Monthly Payment

$16,577

Income Required

$710,428

Principal & Interest

$13,211/mo

Down Payment (5%)

$107,200

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 92602.

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Estimated Monthly Payment

$13,419

Principal & Interest$11,125
Property Tax$2,144
Insurance$150
Loan Amount$1,715,200
Total Interest$2,289,710
Income Required$575,089/yr

Jumbo loan required. Loan amount exceeds the $1,249,125 conforming limit for 92602.

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