Tustin, California Housing Market Prices
Tustin 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 84% below the California median$104,875
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Median rent 19% above the California median$2,420
Housing Market Overview
| Metric | Tustin | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $104,875 | $650,794 | $248,835 |
| Price Trend (Annual %) | -12.0% | 8.9% | 7.5% |
| Median Gross Rent | $2,420 | $2,036 | $1,407 |
| Rent Trend (Annual %) | 5.2% | 5.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Tustin is about 84% lower than in California. Rent is about 19% higher than the California average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Tustin: home prices fell about 12.0% a year while rent rose about 5.2% a year. That is an unusual pattern worth watching.
Median rent in Tustin rose about 56.3% between 2015 and 2024, from $1,548 to $2,420. Over the same span, rent in California rose about 62.2%.
Affordability
On average, housing unit costs 0.9 yearly household incomes in Tustin.
Buying the median-priced home in Tustin costs roughly 3.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Tustin. The price-to-rent ratio in California is about 26.6.
| Metric | Tustin | California Avg | US Average |
|---|---|---|---|
| Median Home Price | $104,875 | $650,794 | $248,835 |
| Median Household Income | $111,579 | $99,161 | $80,455 |
| Price-to-Income Ratio | 0.9 | 6.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Tustin fell about 84.8%, while median household income rose about 49.8% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Tustin | California Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 46.8% | 51.7% | 58.5% |
| Rental Rate | 49.9% | 40.8% | 31.2% |
| Vacancy Rate | 3.4% | 7.5% | 10.2% |
| Median Tenure (years) | 12.0 | 15.0 | 15.0 |
| Median Year Moved In | 2014 | 2011 | 2011 |
Tustin has a homeownership rate of 46.8%, lower than the California average of 51.7%. Its housing vacancy rate is 3.4%, compared with 7.5% in California.
Housing Stock
| Metric | Tustin | California Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.85 people | 2.84 people | 2.53 people |
| Median Structure Built Year | 1984 | 1975 | 1978 |
| Median Number of Rooms | 4.5 | 5.0 | 5.5 |
The typical housing unit in Tustin was built around 1984. On average, 2.9 people live in a home with about 4.5 rooms, staying for about 12.0 years on average.
Tustin, CA Housing Compared With Nearby Cities
Tustin, CA is the smallest of the 4 cities compared here, 80,376 residents against a local median of 295,598. Tustin, CA's median home price, at $104,875, runs 89% below the $988,750 typical of the cities around it.
The cities themselves sit within $389,287 of each other on median home price, a tighter band than the gap between any of them and Tustin, CA, which makes it a genuine outlier here rather than one end of a wide local spread. Tustin, CA has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Tustin, CA | 80,376 | $104,875 #4/4 | $2,420 #2/4 | 48.4% #2/4 |
| Irvine, CA | 295,598 | $988,750 | $2,983 | 45.5% |
| Santa Ana, CA | 313,932 | $672,808 | $2,082 | 44.1% |
| Orange, CA | 133,060 | $1,062,096 | $2,306 | 56.2% |
Frequently Asked Questions
Common questions about the housing market in Tustin, California.
What is the median home price in Tustin, California?
The median home price in Tustin, California is $104,875, lower than the California average of $650,794.
What is the average home price in Tustin, California?
The typical home price in Tustin, California, reported as the median sale price, is $104,875. 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 Tustin, California?
The median gross rent in Tustin, California is $2,420 per month, higher than the California average of $2,036.
What was the median gross rent in Tustin in 2020?
In 2020, the median gross rent in Tustin, California was $1,871 per month.
What is the price-to-rent ratio in Tustin, California?
The price-to-rent ratio in Tustin, California is about 3.6, meaning it would take roughly 3.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Tustin.
Are home prices or rent rising faster in Tustin, California?
Home prices and rent are moving in opposite directions in Tustin: home prices fell about 12.0% a year while rent rose about 5.2% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Tustin, California?
46.8% of households in Tustin, California own their home, lower than the California average of 51.7%.
What is the vacancy rate in Tustin, California?
The housing vacancy rate in Tustin, California is 3.4%, lower than the California average of 7.5%.
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