Orange County housing indicators

Orange County's housing market remains stagnant in 2026, with flat or declining sales volume and rising inventory due to high mortgage rates and economic uncertainty. Homeownership rates have dropped to around 56.5%, and turnover rates are low as homeowners hesitate to sell. Construction starts fell in 2025, and job growth is slow. Prices are expected to stay flat or decline until a recovery around 2028, driven by demographic shifts and increased housing supply.