Is Mission Viejo, CA 92692 a buyer’s or seller’s market?

The Mission Viejo housing market right now

In the three months ending August 31, 2026, 18% of homes in Mission Viejo, CA 92692 sold above their list price, the typical home went under contract in 47 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 160 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (20% then), homes sold faster (51 days then) and the median sale price held steady to $1,089,529. Overall, Mission Viejo is about as competitive as it was a year ago.

Within Orange County, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell less often over asking than in 78%. On our competition score, Mission Viejo ranks #781 of 1,069 CA ZIP codes with enough sales (score 51 out of 100).

Nearby, buyers who want less competition could look at Silverado 92676 (0% sold over asking) or Irvine 92612 (4% sold over asking), while Surfside 90743 (100% sold over asking) and Brea 92823 (71% sold over asking) are even more competitive.