Zip Code 92683

Westminster, CAOrange County

Real Estate Market Analysis

Q3 2025 Report
$1,075,000 - $1,140,000 (June 2025)
Median Home Value
~90,000 (Westminster city, 2024 est.)
Population
~$80,000-$85,000 household (Orange County median)
Median Income
Above average (GreatSchools ratings 6-8/10 typical)
School District Rating

Market Statistics

Property Values

$1,075,000 - $1,140,000 (June 2025)
Median Home Value
$3,600/mo (3bd, 3ba, 1,630 sqft sample)
Median Rent
$643 - $707
Price per Sq Ft

Market Performance

Home AppreciationUp 7.8% to 8.1% year-over-year
Market VelocityMedian days on market: 15-34; Seller's market; 8 homes sold in last 30 days; 10 new listings
Foreclosure RateNot specified, but low inventory and rising prices suggest low rates

Area Information

Area Size~10 sq mi
CountyOrange
Primary CityWestminster

Housing Profile

Housing Statistics

Total Housing Units~110 homes for sale (June 2025)
Owner OccupiedMajority (typical for suburban Orange County)
Rental PropertiesSignificant, with strong rental demand
Vacant UnitsLow (seller's market, low inventory)
New ConstructionLimited; most inventory is resale

Housing Types

Single-family homesTownhomesCondos

Demographics

~90,000 (Westminster city, 2024 est.)
Population
~40 years
Median Age
~$80,000-$85,000 household (Orange County median)
Median Income
High; Orange County unemployment ~4% (2025)
Employment Rate
High school grad+: ~85%; Bachelor's+: ~30%
Education Levels
Predominantly families and multi-generational households; large Vietnamese-American community
Family Composition

Education Quality

School District Performance

Above average (GreatSchools ratings 6-8/10 typical)
District Rating
School DistrictWestminster School District, Garden Grove Unified, Huntington Beach Union High
Test ScoresAbove state average
Graduation Rates~90%+ (high school)

Schools in Area

  • Westminster High School
  • La Quinta High School
  • Johnson Middle School
  • Schmitt Elementary

Economic Factors

Employment & Business

Job GrowthSteady, Orange County projected +2% in 2025
Unemployment Rate~4% (county level)
Business EnvironmentStrong, diverse small business base
Commercial ActivityActive retail, restaurants, and services

Major Employers

  • Retail (Little Saigon, Westminster Mall)
  • Healthcare (local clinics, hospitals)
  • Education (school districts)
  • Small businesses

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • I-405 freeway
  • State Route 22
  • OCTA bus lines

Utilities & Services

  • Southern California Edison (electric)
  • SoCal Gas
  • City water/sewer
  • Waste Management

Quality of Life

Safety & Environment

Below national average; property crime moderate, violent crime low

Good air quality, suburban environment

Healthcare Access

  • Westminster Hospital
  • MemorialCare Orange Coast Medical Center
  • Numerous clinics

Development Trends

Planned Developments

  • Mixed-use redevelopment near Westminster Mall
  • Small infill housing projects

Infrastructure Projects

  • Road improvements on Beach Blvd and Bolsa Ave

Investment Outlook

Growth Outlook

Moderate; constrained by built-out status but steady demand

Investment Opportunities

  • ADU development
  • Value-add single-family flips
  • Small multifamily conversions

Marketing Intelligence

Target Demographics

  • Move-up buyers
  • Multigenerational families
  • Vietnamese-American community
  • Investors

Competitive Advantages

  • Cultural hub (Little Saigon)
  • Central OC location
  • Strong appreciation

Pricing Strategies

Price near recent comps; leverage low inventory for premium

Common Objections & Response Strategies

Objection: High home prices compared to nearby areas

Response Strategy:

Emphasize strong appreciation, cultural amenities, and rental potential

Objection: Older housing stock

Response Strategy:

Highlight recent renovations, ADU potential, and solid construction

Objection: Limited new construction

Response Strategy:

Promote value in established neighborhoods and redevelopment opportunities

Professional Recommendations

1

Leverage cultural and community strengths in marketing

2

Educate buyers on ADU and rental income opportunities

3

Network with local businesses and community groups

4

Stay updated on zoning and redevelopment plans

5

Advise sellers on timing to maximize sale price in low-inventory market

Competitive Analysis

Comparable Markets

  • 92708 (Fountain Valley)
  • 92844 (Garden Grove)
  • 92647 (Huntington Beach)

Market Positioning

Premium suburban/cultural enclave

Competitive Advantages

  • Cultural destination
  • Central location
  • Higher appreciation rates

Price Comparison

92683 is slightly more affordable than Huntington Beach, pricier than Garden Grove

Investment Metrics

3.5% - 4.5% (typical for OC SFRs)
Cap Rates
~3% gross annual yield
Rental Yields
~25-30
Price-to-Rent
Modest for SFRs, stronger for multifamily or ADU
Cash Flow
4-6% annual (2025-2026 projection)
Appreciation

Buyer Journey Insights

First-Time Buyers

Challenging due to high prices; down payment assistance and FHA/VA options recommended

Move-Up Buyers

Strong equity positions; can leverage appreciation for larger homes

Downsizers

Limited inventory of smaller homes/condos; may need to compete with investors

Investors

Focus on ADU, multifamily, and rental properties for best returns

Relocators

Attracted by cultural amenities, schools, and central OC access

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

Related Market Intelligence

Explore connected markets and opportunities