Garden Grove, California Housing Market Prices
Garden Grove Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 8% below the California median$600,837
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Median rent 1% below the California median$2,016
Housing Market Overview
| Metric | Garden Grove | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $600,837 | $650,794 | $248,835 |
| Price Trend (Annual %) | 6.8% | 8.9% | 7.5% |
| Median Gross Rent | $2,016 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 4.9% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Garden Grove is about 8% lower than in California. Rent is about 1% lower than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Garden Grove, up about 6.8% and 4.9% a year respectively. Home prices are changing faster.
Median rent in Garden Grove rose about 50.2% between 2015 and 2024, from $1,342 to $2,016. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 6.4 yearly household incomes in Garden Grove.
Buying the median-priced home in Garden Grove costs roughly 24.8 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Garden Grove. The price-to-rent ratio in California is about 26.6.
| Metric | Garden Grove | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $600,837 | $650,794 | $248,835 |
| Median Household Income | $93,534 | $99,161 | $80,455 |
| Price-to-Income Ratio | 6.4 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Garden Grove rose about 74.4%, while median household income rose about 44.4% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Garden Grove | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.2% | 51.7% | 58.5% |
| Rental Rate | 44.1% | 40.8% | 31.2% |
| Vacancy Rate | 3.7% | 7.5% | 10.2% |
| Median Tenure (years) | 15.0 | 15.0 | 15.0 |
| Median Year Moved In | 2011 | 2011 | 2011 |
Garden Grove has a homeownership rate of 52.2%, higher than the California average of 51.7%. Its housing vacancy rate is 3.7%, compared with 7.5% in California.
Housing Stock
| Metric | Garden Grove | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.40 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1966 | 1975 | 1978 |
| Median Number of Rooms | 5.0 | 5.0 | 5.5 |
The typical housing unit in Garden Grove was built around 1966. On average, 3.4 people live in a home with about 5.0 rooms, staying for about 15.0 years on average.
Garden Grove, CA Housing Compared With Nearby Cities
How Garden Grove, CA compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Garden Grove, CA | 175,431 | $600,837 #1/2 | $2,016 #2/2 | 54.2% #1/2 |
| Stanton, CA | 34,721 | $144,140 | $2,090 | 45.7% |
Frequently Asked Questions
Common questions about the housing market in Garden Grove, California.
What is the median home price in Garden Grove, California?
The median home price in Garden Grove, California is $600,837, lower than the California average of $650,794.
What is the average home price in Garden Grove, California?
The typical home price in Garden Grove, California, reported as the median sale price, is $600,837. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Garden Grove, California?
The median gross rent in Garden Grove, California is $2,016 per month, lower than the California average of $2,036.
What was the median gross rent in Garden Grove in 2020?
In 2020, the median gross rent in Garden Grove, California was $1,648 per month.
What is the price-to-rent ratio in Garden Grove, California?
The price-to-rent ratio in Garden Grove, California is about 24.8, meaning it would take roughly 24.8 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Garden Grove.
Are home prices or rent rising faster in Garden Grove, California?
Both home prices and rent are rising in Garden Grove, up about 6.8% and 4.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Garden Grove, California?
52.2% of households in Garden Grove, California own their home, higher than the California average of 51.7%.
What is the vacancy rate in Garden Grove, California?
The housing vacancy rate in Garden Grove, California is 3.7%, lower than the California average of 7.5%.
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