4-week rolling average ยท Data through August 28, 2026 ยท ZIP 92614
The Westpark neighborhood in Irvine, CA is showing warm market conditions as of late August 2026, with a competition score of 56 out of 100 and a median asking price of $1,790,000 for single-family homes. Active inventory sits at 92 listings with a median days on market of 50, suggesting homes are taking a moderate amount of time to attract interest. At $876.16 per square foot, this remains a premium market where buyer demand and pricing expectations are closely balanced.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $565K | $3K/mo |
| 2BR | $869K | $4K/mo |
| 3BR | $1.23M | $5K/mo |
| 4BR | $1.80M | $6K/mo |
| 5BR | $1.58M | $7K/mo |
| 6BR | $2.80M | โ |
With 92 active listings and a median of 50 days on market, sellers should price thoughtfully from the start to avoid extended time on market in a moderately competitive environment. The median asking price of $1,790,000 for single-family homes reflects strong positioning in a warm market, giving well-prepared sellers a reasonable opportunity to attract serious buyers.
Buyers in Westpark can expect a median asking price of $1,790,000 for single-family homes, with options ranging from $565,000 for a 1-bedroom up to $2,795,888 for a 6-bedroom, offering meaningful choices across different needs and budgets. With 50 median days on market and 92 active listings, buyers have a bit more time and selection compared to a highly competitive market, though conditions remain warm so being prepared matters.
The rental market in this zip code shows strong demand, with 417 rental listings and a median rent of $3,332 per month, climbing to $4,600 for 3-bedrooms and $5,500 for 4-bedrooms. Investors evaluating acquisition costs against those rental figures should factor in the $876.16 per square foot asking price and current financing costs when stress-testing potential returns.
The 30-year fixed mortgage rate is currently at 6.66% and the 15-year fixed sits at 5.98%, both of which meaningfully affect monthly carrying costs on asking prices in the $1,000,000 plus range. Buyers should work closely with a lender to model payment scenarios at these rates before committing to listings at or near the $1,790,000 median asking price.
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