Why Live in Koreatown
Koreatown in Garden Grove, officially recognized as "Orange County Koreatown" in 2019, is a culturally rich enclave known for its concentration of Korean American businesses and vibrant community life. Established as a cultural hub in the 1970s, the neighborhood features midcentury single-level homes, including ranch styles, along with some older and newer builds. The residential streets exude a suburban feel with clean sidewalks and well-maintained yards. Home prices range from approximately $600,000 to $1.5 million for single-family homes, while townhouses and condos are priced between $400,000 and $600,000. The area is noted for its affordability and appeal to commuters working in other parts of Orange County or Downtown LA. Parents will appreciate the highly rated schools, including Stanford Elementary, Alamitos Intermediate School, and Rancho Alamitos High School, all of which have received commendable ratings. Additionally, Olive Crest Academy offers a private education option. Local attractions include the annual OC Arirang Festival, a four-day celebration of Korean American culture, and a variety of dining options featuring Korean cuisine. Grocers like H-Mart and Korea Plaza provide ingredients for home cooking. The neighborhood is conveniently located near state routes 39 and 22, offering access to regional destinations such as Santa Ana, Disneyland in Anaheim, and Huntington Beach. With its blend of cultural heritage and suburban comfort, Koreatown in Garden Grove presents a unique Orange County lifestyle.
Frequently Asked Questions
Is Koreatown a good place to live?
Koreatown is a good place to live. Koreatown is considered fairly walkable and bikeable with some transit options. Koreatown has 6 parks for recreational activities. It is very dense in population with 23.3 people per acre and a median age of 39. The average household income is $91,209 which is below the national average. College graduates make up 23.8% of residents. A majority of residents in Koreatown are renters, with 62.3% of residents renting and 37.7% of residents owning their home. A
local real estate agent serving Koreatown can help you decide if this neighborhood is the right one for you. Learn more on our
Koreatown neighborhood guide.
How much do you need to make to afford a house in Koreatown?
The median home price in Koreatown is $650,000. If you put a 20% down payment of $130,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $3,310 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $142K a year to afford the median home price in Koreatown. The average household income in Koreatown is $91K.
What are the best public schools in Koreatown?
The best public schools that serve Koreatown are:
What are the best private schools in Koreatown?
The best private schools that serve Koreatown are:
What are the most popular zip codes in Koreatown, Garden Grove, CA?
What are the most popular neighborhoods near Koreatown, Garden Grove, CA?
Home Trends in Koreatown, CA
On average, homes in Koreatown, Garden Grove sell after 36 days on the market compared to the national average of 52 days. The median sale price for homes in Koreatown, Garden Grove over the last 12 months is $650,000, up 12% from the median home sale price over the previous 12 months.
Median Sale Price
$650,000
Median Single Family Sale Price
$923,750
Median Townhouse Sale Price
$1,102,500
Median 2 Bedroom Sale Price
$582,500
Median 1 Bedroom Sale Price
$493,500
Average Price Per Sq Ft
$611
Number of Homes for Sale
4
Last 12 months Home Sales
31
Median List Price
$650,000
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
12%