๐Ÿ“Š Updated weekly with real market data ยท Last updated: August 28, 2026 ยท Powered by FarmPosts
Market Report

Westpark, Irvine, CA Real Estate Market

4-week rolling average ยท Data through August 28, 2026 ยท ZIP 92614

$1.79M
Median Sale Price
$1.15M
Median List Price
50
Days on Market
Median Rent
$3K/mo
Median rental listing price
Rental Inventory
417
Active rental listings
๐Ÿ’ก
Key Market Insight

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.

๐Ÿฆ
30-Year Fixed Rate
6.7%

Market Activity

Active Inventory92
Price per Sq Ft$876

By Bedroom

BedsSale PriceRent
1BR$565K$3K/mo
2BR$869K$4K/mo
3BR$1.23M$5K/mo
4BR$1.80M$6K/mo
5BR$1.58M$7K/mo
6BR$2.80Mโ€”
Market Temperature
Buyer's MarketBalancedSeller's Market
๐ŸŒก๏ธ Warm โ€” Slight Seller Advantage

What This Means For You

๐Ÿ Sellers

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.

๐Ÿ”‘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.

๐Ÿ“ˆInvestors

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.

๐ŸฆRates

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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Data sources: Rentcast ยท Zillow ยท Federal Reserve (FRED)

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