Garden Grove, CA Home Values & Market Trends

Real estate market trends reflect that there have been 786 transactions over the past year in Garden Grove. The median value for residential home transactions that occurred over the previous year is $895,013.23. The number of current listings in Garden Grove is 80, and the percentage of properties for sale in the city is 80.00%. Garden Grove, CA currently has 79 properties in foreclosure, 2 bank owned properties, 14 properties headed for auction, and 80 properties for sale.

Garden Grove, CA Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
92840

$ 830,001

$ 590/sqft

92843

$ 904,375

$ 585/sqft

92841

$ 894,500

$ 579/sqft

92845

$ 984,750

$ 639/sqft

92844

$ 749,900

$ 515/sqft

Housing Market Summary for Garden Grove, CA

Apr 2023March 2024Change
Median Listing Price$787.5K$887.8K12.73%
Median Sold Price$880.4K$887.8K0.83%
Homes For Sale9271-22.83%
Homes Sold9891,0607.18%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Garden Grove, CA

Garden Grove home values range from $117,383 to $4,671,900. The median estimated value of a home in Garden Grove is $895,013.23. The median list price of a home is 845,500, and the total count of properties in the city is 34,938.

Foreclosure
There are 5 zips within Garden Grove, CA; within these zips, the median estimated home value for homes in foreclosure ranges from $1,061,500 in 92843 to the lowest value of $425,500 in 92843. Foreclosure homes account for 0.00% of properties in Garden Grove, CA with 92840 containing 24 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.18% of all residential properties in Garden Grove, CA with 92840 containing 19 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Garden Grove, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,974,000 in 92845 to the lowest home value of $430,000 in 92843.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Garden Grove, CA ranges from the highest value of $425,500 in 92841 to the lowest value of $425,500 in 92843. Bank owned homes and properties account for 0.01% of properties in Garden Grove, CA. There are 5 zips within Garden Grove, CA; 92843 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    92840 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Garden Grove, CA. Auction homes and other auction properties account for 0.04% of all properties in Garden Grove, CA. There are 5 zips within Garden Grove, CA; of those zips, the median estimated home value for homes going to auction ranges from $887,250 in 92843 to the lowest value of $442,750 in 92843.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.23% of residential properties in Garden Grove, CA with 92840 containing 34 homes for sale, the highest number of listed properties in a single zip. There are 5 zips within Garden Grove, CA; homes for sale in those zips, have a range of median values from $1,500,000 in 92841 to the lowest value of $425,000 in 92840.
    Sold Homes
    The median value for recently sold homes ranges from $1,731,000 in 92845 to the lowest price of $390,678 in 92845. There are 5 zips within Garden Grove, CA. 92840 has 347 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.16% of properties in Garden Grove, CA.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Garden Grove, CA
      $
      $

      Guide for Garden Grove, CA

      RealtyTrac Market Report
      California
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      California
      Market Trend Report For Bakersfield, California – March 2024
      California
      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California
      Anaheim Property Trends: Slow but Steady Uptick in Home Values – Mar 2024
      See More Articles
      RealtyTrac Market Report
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      California|posted 8 December 2023

      In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.

      Market Trend Report For Bakersfield, California – March 2024
      California|posted 28 March 2024

      This blog post discusses the dynamic real estate trends in Bakersfield, noting fluctuations in property values, sale prices, and activity levels. It also highlights differences in nearby cities, showcasing diverse market conditions shaped by localized factors and broader economic trends.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

      Anaheim Property Trends: Slow but Steady Uptick in Home Values – Mar 2024
      California|posted 6 March 2024

      Anaheim, CA’s real estate trends show consistent growth in property values, latest data shows.