Garden Grove Housing Market Report – June 2026

Here's a look at how the Garden Grove, CA real estate market performed in June 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 66
  • Median Sale Price: $1,047,500
  • Average Sale Price: $4,905,756
  • Average Price Per Sq Ft: $636
  • Average Days on Market: 64
  • Sale-to-List Price Ratio: 100.4%

Month-Over-Month Trends

Compared to May, the median sale price in Garden Grove moved 8.7% up (from $963,500 to $1,047,500). The number of homes sold was 21.4% down compared to the prior month (84 vs. 66). Average days on market shifted 4.9% up (61 days to 64 days).

Year-Over-Year Comparison

Compared to June 2025, the median sale price is 4.2% up (from $1,005,000 to $1,047,500). Sales volume is 0.0% down year-over-year.

What This Means

Garden Grove's housing market is showing a peculiar mix of signals this June. While the median sale price jumped 8.7% month-over-month to $1,047,500, the sales volume dropped sharply by 21.4%, and homes are now sitting on the market roughly a week longer than in May. This slowdown during what should be the busy summer season suggests buyers are pulling back, likely due to persistently high mortgage rates and sticker shock from recent price appreciation. The fact that homes are still selling above list price—at 100.4%—indicates underlying demand remains, but it's clearly more selective than earlier in the spring.

Looking at the bigger picture, year-over-year the market appears relatively stable: median prices are up just 4.2% and sales volume is flat. What's noteworthy is the substantial gap between the median sale price ($1,047,500) and average sale price ($4.9 million), which points to a few high-end outliers skewing the data. For typical buyers, the more relevant metric is that single-family homes—which make up 70% of sales—are still moving near asking price, though buyers need patience.

With 220 active listings and an inventory median asking price below the actual median sold price, don't expect dramatic price declines anytime soon. Garden Grove remains a tight market, but momentum has definitely cooled.

Garden Grove Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
92840 22 $912,500 $622 69
92841 19 $1,100,000 $634 64
92843 9 $625,000 $604 76
92844 9 $1,050,000 $652 50
92845 7 $979,000 $700 52

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 46 $1,096,000 $693
CONDOS 9 $530,000 $557
MOBILE 3 $249,000 $170
MULTI_FAMILY 3 $132,500,000 N/A
TOWNHOMES 3 $675,000 $537
CONDO 2 $493,750 $555

Sales by Price Range

Price Range Homes Sold
$100K - $199K 1
$200K - $299K 3
$300K - $399K 1
$400K - $499K 4
$500K - $749K 10
$750K+ 47

Current Active Listings

As of this report, there are 220 active listings in Garden Grove with a median asking price of $954,500 and an average of 67 days on market.

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