Tustin Housing Market Report – May 2026
Here's a look at how the Tustin, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 46
- Median Sale Price: $1,245,000
- Average Sale Price: $1,355,967
- Average Price Per Sq Ft: $690
- Average Days on Market: 64
- Sale-to-List Price Ratio: 100.2%
Month-Over-Month Trends
Compared to April, the median sale price in Tustin moved 4.8% down (from $1,308,000 to $1,245,000). The number of homes sold was 21.1% up compared to the prior month (38 vs. 46). Average days on market shifted 8.5% up (59 days to 64 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 8.3% up (from $1,150,000 to $1,245,000). Sales volume is 24.6% down year-over-year.
What This Means
Tustin's May market shows mixed signals as we head into summer. The median price dipped 4.8% month-over-month to $1,245,000, but that's actually misleading—we're up 8.3% year-over-year compared to May 2025. The uptick in sales volume to 46 homes is largely due to improved data collection rather than a genuine market surge, so don't read too much into that jump. What matters more is that homes are selling at nearly asking price (100.2% ratio), suggesting the market remains relatively balanced despite cooling from early spring.
The real story is in the slowing pace. Days on market crept up to 64 days from 59, indicating buyers are taking longer to decide—typical for late spring as inventory accumulates. With 152 active listings sitting at a median asking price of $1,085,000, there's genuine choice for shoppers for the first time in a while. That gap between asking and selling prices suggests some price adjustments are happening, particularly as we move from spring's frenzy into the slower summer months.
For sellers, this is a reality check. Interest rates and economic uncertainty appear to be tempering demand. Buyers now have leverage they haven't had in months.
Tustin Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92780 | 26 | $1,194,500 | $659 | 52 |
| 92782 | 20 | $1,572,500 | $732 | 79 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 30 | $1,387,500 | $700 |
| CONDOS | 11 | $775,000 | $671 |
| TOWNHOMES | 3 | $1,240,000 | $667 |
| CONDO | 2 | $1,000,000 | $684 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $400K - $499K | 1 |
| $500K - $749K | 4 |
| $750K+ | 41 |
Current Active Listings
As of this report, there are 152 active listings in Tustin with a median asking price of $1,085,000 and an average of 57 days on market.
Thinking About Selling Your Tustin Home?
If you're a homeowner in Tustin considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Tustin and throughout Orange County — get a no-obligation cash offer today.