Irvine · Homes for Sale
Irvine Homes for Sale Under $500,000
This page lists Irvine homes under $500,000 and adds public market numbers so you can judge each one in context. In the 2020-2024 American Community Survey, 6% of Irvine homeowners put their home value under $500,000.
Where the Lower Prices Are
For a lower entry price, compare Northwood ($1.50M median, 41 sales, 42 days on market), Turtle Rock ($2.45M median, 31 sales, 78 days on market) and Orchard Hills ($3.10M median, 30 sales, 54 days on market) in the Redfin data. All of them top $500,000, so the homes that fit here are likely to be compact condos or co-ops.
ZIP Code Snapshot
ZIP 92604 shows a median owner value of $1.06M, 63% owner-occupied homes and a median build year of 1976. In 92614, owners estimate a median value of $1.08M; 39% of occupied homes are owned and the typical home dates to 1988. For ZIP 92602, ACS lists a 2005 median year built, 49% owner occupancy and a median value of $1.50M.
How Long Homes Sit
The median condo sale took 65 days to go under contract. About 389 condos and co-ops were for sale in Irvine at the end of September.
Recent Sale Prices
Redfin logged 291 condo and co-op units sold in Irvine at a $1.19M median. Townhouses in Irvine sold at a median of $1.09M on 29 sales.
Census Housing Data
Buildings of five or more units hold 37% of Irvine housing, per ACS 2020-2024. The Census ACS 2020-2024 median value for owner-occupied Irvine homes is $1.19M.
HOA and FHA Basics
Check for any planned special assessment. Read the CC and Rs for pet, parking and rental limits. FHA loans on condos need a project the program accepts. General information, not lending, legal or tax advice; a licensed lender or tax pro can speak to your case.
Have a home to sell in Irvine? Ask for a free home value first.
More: Irvine homes for sale, Irvine homes $500,000 to $750,000, Irvine single-family homes.
Sources: U.S. Census ACS 2020-2024 5-year estimates and Redfin, a national real estate brokerage (Jul-Sep 2026).
Jay Romero, Broker, DRE 01343079 | Miamar Realty | Call (949) 822-8702
Miamar Realty | Corporate DRE #02192235 | 14241 Firestone Blvd #400, La Mirada, CA 90638 | Equal Housing Opportunity.
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