News Summary
In June 2025, Orange County’s housing market showed mixed trends with a countywide median home price of $1.21 million, reflecting a 1% increase from the previous year. While prices rose in 55 neighborhoods and fell in 28, Newport Beach maintained its position as the most expensive area, while Laguna Woods remained the most affordable. Overall sales declined slightly by 1%, with notable shifts in various ZIP codes. Despite growing inventory, home prices remain high, indicating a competitive market trending toward buyers.
Orange County, California – The housing market in Orange County displayed mixed trends in sales and prices during June 2025, as median home values continued to shift across various neighborhoods. According to data from Attom, the overall countywide median home price reached $1.21 million, marking a 1% increase from the previous year.
Out of the 83 local ZIP codes that recorded sales in June, home prices rose in 55 neighborhoods while prices declined in 28 neighborhoods. This indicates a diverse landscape of pricing across the county. Notably, Newport Beach (ZIP code 92661) retained its status as the most expensive area, with a staggering median sales price of $6.23 million. In contrast, Laguna Woods (ZIP code 92637) emerged as the most affordable, with a median price of $445,000.
The number of home sales in the county amounted to 2,125, reflecting a slight 1% decrease compared to June 2024. An analysis by ZIP code reveals that sales increased in 45 areas, fell in 37 areas, and remained unchanged in one. The busiest suburb for home sales was Laguna Niguel (92677), which witnessed a total of 72 transactions during the month.
When categorizing home prices throughout the county, three primary segments emerged:
– The priciest segment had a median price of $2.13 million, indicating a 14% year-over-year increase with 645 sales, up 2% from last year.
– The mid-range segment saw median prices at $1.25 million, a 2% increase with 885 sales, also up by 1%.
– The cheapest segment logged a median price of $881,000, which rose 4% year-over-year with 595 sales, up 1%.
In the broader context of California, home sales of existing single-family homes in July 2025 experienced a decrease of 4.1% compared to the same month in 2024. Southern California as a whole also saw home sales dip by 1.7% from the previous year. The statewide median home price in July was reported at $884,050, reflecting a minor decline of 0.3% from last year; while Southern California’s median home price fell by 0.7% to reach $875,030.
Amid these evolving metrics, housing supply in Southern California increased significantly, with active listings rising by 37.7% over the past year. The Unsold Inventory Index (UII) now stands at 3.8 months, up from 2.9 months last year, indicating a growing number of homes available for sale. While inventory levels are on the rise, home prices remain relatively high, which suggests a market that is balancing but slightly tilting toward buyers.
The sales-price-to-list-price ratio across California dropped to 98.5% in July 2025, down from 100% the previous year, signaling that homes are now sold slightly below their asking prices. Additionally, as of August 21, 2025, the average 30-year fixed mortgage rate was approximately 6.58%, while the 15-year fixed rate stood around 5.69%. Economic forecasts predict that mortgage rates may close the year between 6.0% and 6.5%.
Builder confidence in the housing sector has notably decreased, reflecting ongoing difficulties in new home construction. Despite a slower pace in sales and construction relative to previous years, the Los Angeles-Long Beach-Anaheim metropolitan statistical area remains competitive and resilient in the northern suburbs of Orange County as it navigates this complex housing landscape.
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Additional Resources
- NORADA Real Estate
- Wikipedia: Housing Market
- Orange County Business Journal
- Google Search: Southern California housing market
- Orange County Register
- Encyclopedia Britannica: Real Estate
- The Eastsider LA
- Google News: California housing market
- US News & World Report
- Google Scholar: California real estate
Author: STAFF HERE HUNTINGTON BEACH
The Huntington Beach Staff Writer represents the experienced team at HEREHuntingtonBeach.com, your go-to source for actionable local news and information in Huntington Beach, Orange County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Huntington Beach Surf City USA Marathon, the U.S. Open of Surfing, Fourth of July celebrations at the Huntington Beach Pier, and community festivals at Huntington Beach Central Park. Our coverage extends to key organizations like the Huntington Beach Chamber of Commerce and Visit Huntington Beach, plus leading businesses in retail, hospitality, and outdoor recreation that drive the local economy. As part of the broader HERE network, including HEREAnaheim.com, HERECostaMesa.com, HERESantaAna.com, and HERELosAngeles.com, we provide comprehensive, credible insights into Southern California's dynamic landscape.
