4 Bedroom Homes for Sale in Deerfield, Irvine, CA

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Deerfield, CA Housing Market Overview

Deerfield in Irvine is a balanced market, giving buyers and sellers room to negotiate. Homes are selling for 103.63% of asking price and averaging 80 days on the market, so you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

80

Inventory

2

Aug 2021May 2024Jan 2026

Median Home Price

$1,357,500Up 0.36%

In Feb 2026 · YoY

Aug 2021Feb 2024Feb 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
2 Down 0.00%
Newly Listed Homes
1 Down 0.80%
Months of Supply
0 Down 0.00%

Housing Demand

Homes Sold
2 Down 0.00%
Sale-to-List Ratio
103.6% Up 5.40%
Homes Sold Above List
50% Up 30.00%

30-yr fixed rate 6.23% · Data as of Feb 2026 · Source: Houzeo Research.

View Full Deerfield Market Report

Frequently Asked Questions

Why is the median home price in Irvine so much higher than in nearby Orange County cities?

You're paying roughly double Santa Ana's median of about $850,000. Irvine's median sits at $1,548,000, against roughly $1.16 million in Orange. That premium buys Irvine Unified, ranked first in California on state testing among large districts for nine consecutive years, plus a job base anchored by UC Irvine. It also buys scarcity, since the Irvine Company still releases land on its own schedule.

What exactly is Mello-Roos, and why does it show up on so many Irvine tax bills?

Mello-Roos is a special tax that funds the roads, parks, and schools a new Irvine village needs before any property tax revenue exists to pay for them. It is levied through a Community Facilities District and appears as its own line on your Orange County bill, outside the Proposition 13 base rate. The charge attaches to the parcel, not to the owner. Look it up by APN through the county tax collector before you write an offer.

Do older Irvine neighborhoods carry less Mello-Roos than newer ones?

Yes, and the gap is far wider than most buyers expect. Woodbridge and Northwood largely predate Irvine's use of Community Facilities Districts and carry little or no Mello-Roos at all. Great Park parcels commonly run $3,500 to $7,200 a year, and those bonds don't retire until the 2040s or 2050s. Most districts escalate about 2% annually, so verify the parcel's specific CFD rather than trusting the village name.

How does Proposition 13 affect what I'll actually pay in property taxes in Irvine?

Prop 13 is a California classic that caps your base property tax at roughly 1% of what you bought the house for, limiting yearly hikes to about 2%. While that's an amazing safety net down the road, it means your property tax gets recalculated based on your actual purchase price the second you close. Your first-year bill will match today's market value, not whatever low rate the previous owner was enjoying for decades.

Why does Irvine feel so uniformly planned compared to other cities?

Because it was drawn before it was built. The Irvine Company hired architect William Pereira in 1960 to master-plan the ranch into sixteen self-contained villages, each with its own school, park, and shopping center. That original structure is why nearly every Irvine address sits inside a homeowners association, and why village boundaries still read clearly from the street today.

Are HOA fees a bigger deal in Irvine than in other Southern California cities?

Yes, because almost no Irvine housing sits outside an association. Detached homes typically run $125 to $350 a month and condos $250 to $450, with newer villages stacking a master association on top of a sub-association. Woodbridge charges $157 per unit in 2026, against Great Park master dues of $221 to $260. Read the reserve study rather than just the monthly number.

What should I know about earthquake risk when buying in Irvine?

Irvine sits directly above the San Joaquin Hills blind thrust, a fault capable of producing a magnitude 7.1 that researchers only identified in the early 2000s. The Newport-Inglewood zone runs nearby and can generate quakes in the 6.0 to 7.4 range.

Retrofit questions mostly don't apply here, because Irvine's median home was built in 2002 on a slab foundation under modern seismic code. Buy a California Earthquake Authority policy instead, since standard homeowners insurance excludes quake damage outright.

Why does Irvine have so few historic homes?

Irvine simply hasn't existed long enough to accumulate them. The city incorporated on December 28, 1971; its median home was built in 2002, and under 3.5-4% of the housing stock predates 1970. If you want period architecture in Orange County, you'll be looking at the older grid cities rather than an Irvine village.

What draws so many tech and business professionals to buy homes in Irvine?

The job base sits inside the city rather than down a freeway. UC Irvine is the single largest employer, and headquarters include Broadcom and Edwards Lifesciences.

Irvine is packed with tech firms, biotech labs, and corporate HQs, especially surrounding the Irvine Spectrum business hub. That steady stream of high-paying jobs is a huge reason home prices stay resilient, and demand remains high here, even when the rest of the country cools down.

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    Based on information from California Regional Multiple Listing Service, Inc. as of Sep 19, 2026, 10:15 PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

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Deerfield, Irvine, CA Housing Marketlink qauare
Homes Available icon

2

Homes Available

Median List Price icon

$ 1,357,500

Median List Price

Avg on Market icon

80 Days

Avg on Market

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