Tustin Real Estate Sales & Rental Market Update – Summer 2025

Tustin continues to offer a compelling mix of suburban charm, central Orange County convenience, and a steady real estate market. Whether you're a buyer, seller, landlord, or renter, understanding the local trends is key—and the latest numbers are in.

Home Sales Snapshot

Median Home Price:
The median home price in Tustin currently sits around $1.2 million. While year-over-year changes show some fluctuation—with some data showing a modest dip and others an increase—home values overall remain strong and well above national averages.

Price Per Square Foot:
The average price per square foot is approximately $690, showing steady appreciation. Buyers are still willing to pay top dollar for well-located and well-maintained homes, particularly in desirable areas like Tustin Ranch and North Tustin.

Market Activity & Days on Market:
Homes are spending about 23 to 36 days on the market, with a significant portion selling within the first month. The pace has slowed slightly compared to last year, giving buyers a bit more time—but not much. The majority of listings continue to attract multiple offers when priced correctly.

Inventory Levels:
There are just over 150 active listings in the market—an increase from earlier this year, but still well below historical norms. The limited inventory continues to favor sellers, even with some softening in buyer urgency.

Neighborhood Trends & Investment Opportunities

Tustin's real estate appreciation over the last decade has been impressive, averaging nearly 7% annually. Popular neighborhoods like Tustin Ranch, North Tustin, and Old Town remain highly sought-after, with some areas seeing double-digit price growth over the past year.

Homes in Tustin Ranch are especially attractive to families and investors, with large floorplans, top-rated schools, and consistent rental demand. Rental income potential here remains strong, making it a smart long-term investment.

Rental Market Overview

Average Rent:
Rents in Tustin average between $2,300 and $3,200 per month, depending on unit type, location, and condition. One-bedroom units typically lease for around $2,200, while three-bedroom homes range from $3,600 to $4,800.

Year-over-Year Growth:
Rents have increased between 2% and 11% compared to last year. While the pace has slowed slightly in recent months, overall rental demand remains high, especially for single-family homes and updated multi-bedroom units.

Occupancy Rates & Demand:
Vacancy rates are low—around 4%—indicating continued demand across the rental market. About half of Tustin’s households are renter-occupied, reflecting a balanced mix of homeowners and tenants throughout the city.

What This Means for You

For Buyers:
While prices remain elevated, the recent slowdown in buyer activity means more opportunities—especially for those who are well-prepared. Pre-approvals and clean offers are still essential, but buyers now have a bit more breathing room.

For Sellers:
With limited competition and continued buyer demand, sellers remain in a strong position. Homes that are priced and presented well are still moving quickly and often receive multiple offers.

For Renters:
Expect to pay a premium to live in Tustin, especially for larger units or detached homes. However, the city's location, schools, and amenities make it worth the investment.

For Investors:
High rents, low vacancies, and steady appreciation continue to make Tustin a solid choice for real estate investment. Both long-term holds and short-term rentals are performing well, particularly in family-friendly neighborhoods.

Looking Ahead

As we move through the second half of 2025, Tustin’s housing market is expected to remain competitive, but slightly more balanced than in past years. Rising inventory may offer more choices for buyers, while rental demand is likely to hold steady due to strong employment and lifestyle appeal in the area.

Whether you're planning to buy, sell, lease, or invest—Tustin remains one of Orange County’s most desirable and stable real estate markets.