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Measured Value: North Tustin at $210/square foot
Exposed ceiling beams and brick continue from the family room into the kitchen of this 4,752-squre-foot home, which has six bedrooms and four baths. The 1964 property on Rushmore Lane has a pool and a spa, fruit trees, and a six-car garage. Gabled dormer windows accent the front and back of the $1 million home. Listing agent: Rachel Eliezrie, 714-544-5456
How much is a single square foot of home worth in Orange County? While it can be as much as $10,000 on rare occasions in Laguna Beach, or a couple hundred dollars elsewhere, the county’s median sales price is $335 per square foot—and rising.
Zillow’s economists predict a 5 percent jump in local home values this year, compared with 3 percent nationwide, says Svenja Gudell, the real estate website’s director of economic research. “Orange County is certainly one of the more expensive counties in California, and the nation as a whole,” she says. The local median home’s price per square foot outpaces the state’s by $99, and nearly triples the national median of $118.