Anaheim Real Estate

Anaheim, California, a vibrant city in Orange County, is synonymous with iconic attractions like Disneyland, a thriving local economy, and a rich cultural tapestry. With a population of approximately 340,512 (NeighborhoodScout), Anaheim blends suburban charm with urban energy, making it a compelling destination for homebuyers, investors, and renters alike. As of February 24, 2025, the Anaheim real estate market reflects resilience and opportunity, shaped by its unique attributes and broader economic trends. In this blog post, we’ll dive into the current state of Anaheim’s housing market, explore key trends, highlight neighborhood dynamics, and provide actionable insights for buyers, sellers, and investors looking to engage with this dynamic Southern California gem.

Anaheim: A City of Opportunity

Anaheim’s appeal lies in its strategic location—30 miles southeast of Los Angeles—and its diverse offerings. Home to Disneyland Resort, Angel Stadium, and the Honda Center, the city thrives on tourism, which bolsters its economy alongside sectors like healthcare, education, and manufacturing. With a median household income of $76,513 (NeighborhoodScout), slightly below Orange County’s $103,000, Anaheim attracts a mix of families, young professionals, and retirees. Its housing stock—104,671 units—spans single-family homes (40.82%), apartments (36.71%), and smaller multi-family units, reflecting its post-1970s growth (NeighborhoodScout).

The city’s real estate market is underpinned by a 5.2% unemployment rate—higher than Orange County’s 4.4% but below California’s 6.1%—and a cost of living 56% above the national average (Redfin). Despite a 5.1% population dip over the past year, Anaheim’s housing demand remains steady, fueled by its proximity to jobs, schools, and lifestyle amenities. Let’s unpack the latest trends shaping this market in Q1 2025.

The Real Estate Market in Q1 2025

Anaheim’s housing market as of January 2025 is classified as “very competitive,” scoring 72 out of 100 on Redfin’s scale. The median home sold price reached $906,000, up a modest 0.1% from last year, while the median listing price sits at $910,000, an 8.2% increase (Rocket Homes). Homes average 53 days on the market (DOM), a notable jump from 30 days in 2024, with 343 active listings—down 1.7% from December 2024’s 349 (Rocket Homes). Inventory reflects a 3-4 month supply, below the 6-month balance point, signaling a seller’s market despite the slower pace.

Pricing by bedroom type shows steady growth (Rocket Homes):

• 1-Bedroom Homes: Up 3.9% to around $450,000-$500,000, popular with singles or downsizers.

• 2-Bedroom Homes: Up 8.9% to $650,000-$700,000, appealing to young professionals.

• 3-Bedroom Homes: Up 7.4% to $850,000-$950,000, a family staple.

• 4-Bedroom Homes: Up 7.0% to $1.1 million-$1.2 million, offering space.

• 5+ Bedroom Homes: Up 11.5% to $1.5 million+, catering to larger households.

The median price per square foot is $579, up 6.7% (Redfin), though slightly below Orange County’s $658 (Realtor.com), highlighting Anaheim’s relative affordability. Sales data from January 2025 shows 87 homes sold, down 29.8% from December’s 124, with 41% below asking, 13% at asking, and 46% above (Rocket Homes). This mix suggests a competitive yet negotiable market, influenced by economic factors like interest rates.

Why Anaheim Remains a Hot Market

Several drivers keep Anaheim’s real estate sizzling:

1. Tourism and Economy: Disneyland alone draws millions annually, supporting 78,000 jobs and $8.5 billion in economic activity (Visit Anaheim). This stability fuels housing demand, even amidst broader slowdowns.

2. Location: Proximity to Los Angeles, Irvine, and beaches like Huntington (12 miles away) makes Anaheim a commuter hub, with 16% telecommuting (NeighborhoodScout).

3. School Quality: Anaheim Union High School District and top-rated schools like Oxford Academy attract families, bolstering single-family home sales (40.82% of units, NeighborhoodScout).

4. Limited Supply: With 343 listings across 104,671 units, inventory is tight. Unlike Irvine’s new builds (351 homes, Realtor.com), Anaheim’s growth is constrained, pushing prices up.

Neighborhood Highlights

Anaheim’s seven neighborhoods offer distinct real estate profiles:

• Anaheim Hills: A hilly, upscale area with a $1.1 million median (Redfin), single-family homes dominate (median DOM 36 days). A 4-bedroom at $1.268 million sold in January (Redfin).

• Downtown Anaheim (Colony Historic District): Affordable at $799,900 median (Realtor.com), this area features historic homes and condos, averaging 53 days DOM (Redfin).

• West Anaheim: Value-driven with $850,000-$950,000 homes, often fixer-uppers, selling in 60-75 days (Rocket Homes).

• East Anaheim: A $1.024 million median (Rocket Homes), with 3-bedroom homes at $900,000-$1 million, averaging 23 days DOM (Rocket Homes, August 2024).

• South Anaheim: Median $825,000, up 3.5%, with 38-day DOM (Rocket Homes). A mix of condos and homes suits diverse buyers.

• The Summit of Anaheim Hills: Luxury at $1.1 million median (Realtor.com), with 5-bedroom homes pushing $1.5 million+ (Redfin).

• Platinum Triangle: Emerging with condos and townhomes ($700,000-$900,000), tied to stadium redevelopment, averaging 50 days DOM (Movoto).

Economic and Market Influences

Interest rates, at 6.75% (Bankrate), impact affordability. A $906,000 home with 20% down ($181,200) costs $4,816 monthly, including taxes and insurance—stretching for Anaheim’s $76,513 median income (NeighborhoodScout). C.A.R. forecasts a drop to 5.9% by year-end, potentially lowering payments to $4,592, boosting demand and cutting DOM to 40-45 days. Rising rates earlier in 2024 (7.5% peak) slowed sales, with January’s 87 transactions down from December’s 124 (Rocket Homes).

Anaheim’s economy—5.2% unemployment, tourism-driven—supports resilience, though a 56% higher cost of living (Redfin) and 569 foreclosures (FortuneBuilders) hint at affordability pressures. Remote work (16% of residents) and proximity to tech hubs like Irvine sustain buyer interest.

Opportunities for Buyers

Buyers find openings despite competition:

• Negotiation: 41% sold below asking (Rocket Homes), with a $906,000 median sale vs. $910,000 list. Homes over 90 days (7%) offer deals—e.g., a $850,000 fixer dropping to $800,000.

• Value Growth: A 0.1% annual rise (Redfin) follows a 10.6% jump in 2024 (Realtor.com), with a decade-long 96.56% appreciation (NeighborhoodScout), signaling strong ROI.

• Condos: Starting at $450,000 (Rocket Homes), these suit first-timers, with 1-bedroom inventory steady (Rocket Homes).

• Tech Tools: Virtual tours (60% of listings, Realtor.com) aid out-of-state buyers—San Diego and Riverside lead migration (Redfin).

Challenges include 4 offers per listing (Redfin) and rates squeezing budgets, though pre-approvals counter this.

Strategies for Sellers

Sellers can leverage demand:

• Renovate: Upgraded homes sell fast—54% within 30 days (Rocket Homes). A $906,000 3-bedroom with modern finishes sold in 21 days (Redfin).

• Price Right: Overpricing stretches DOM—7% past 90 days (Rocket Homes). A $1 million home adjusted from $1.05 million sold in 35 days (Movoto).

• Stage: Highlight yards and kitchens; 46% sell above asking when marketed well (Rocket Homes).

• Virtual Reach: Drone shots tap Anaheim’s 340,512 residents and beyond (Redfin), speeding sales.

Predictions for 2025

Anaheim’s market looks promising:

• Price Growth: Expect 3%-5% increases (Bankrate), with prime areas like Anaheim Hills hitting 7%-9% by 2026 (Coldwell Banker).

• Faster Sales: Rates falling to 5.9% (C.A.R.) could cut DOM to 40-45 days by summer, especially for $900,000-$1.2 million homes.

• Eco-Shift: Sustainable features in 50% of listings by 2028 (Coldwell Banker) will boost value and speed.

• Supply Crunch: With 343 listings and no major builds, inventory may drop to 2-3 months, reinforcing seller power (Rocket Homes).

Comparison to Orange County

Anaheim’s $906,000 median sold price undercuts Orange County’s $1,165,942 (Realtor.com), offering value despite a 53-day DOM versus the county’s 40. Its $579/sq ft trails the county’s $658, but prime pockets like Anaheim Hills align closer. With 343 listings versus 5,864 countywide (Realtor.com), Anaheim’s market is smaller but fiercely competitive.

Conclusion

Anaheim’s real estate market in 2025 is a seller’s stronghold with buyer potential, defined by a $906,000 median, 53-day DOM, and tight 3-4 month supply. Its tourism, schools, and location—paired with diverse housing from $450,000 condos to $1.5 million+ estates—fuel demand in a constrained landscape. Buyers can find value with strategy, while sellers thrive with upgrades and tech. As rates ease and trends like sustainability rise, Anaheim promises growth and opportunity. Whether you’re eyeing a Downtown condo or an Anaheim Hills retreat, this city offers a real estate stage where dreams meet investment—a perfect play in 2025’s Orange County scene.