ZIP 92040 Housing Market Report
San Diego Metro
Report period: August 2026
92040 Monthly Market Update – August 2026
ZIP 92040 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$675,000
0.0%
Median DOM (Sales)
40
+11.1%
New Listings (Sales)
14
−78.5%
Median Rent
$2,195
−0.2%
Median DOM (Rental)
17
+21.4%
Total Rental Listings
74
+1.4%
Month-over-Month Movement
Median sale prices were flat. Days on market lengthened. Rents softened. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Multi-Family (21 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($1,114,900 median)
Sales Market Overview
Median Price
$675,000
0.0%
Median DOM
40
+11.1%
New Listings
14
−78.5%
Inventory
209
−2.8%
- Average Price: $658,148
- Median Price: $675,000
- Price Range: $90,000 – $3,200,000
- Price per Sq Ft (Avg/Median): $407 / $424
- Square Footage (Avg/Median): 1,605 / 1,440
- Square Footage Range: 460 – 5,214
- Days on Market (Avg/Median): 60 / 40
- Days on Market Range: 2 – 323
- New Listings: 14
- Total Listings: 209
Sales by Property Type
Condo
Avg/Median Price$427,187 / $399,888Range$279,000 – $724,900Price per Sq Ft$473 / $470Sq Ft915 / 881DOM55 / 37New1Total24
Land
Avg/Median Price$781,000 / $449,000Range$100,000 – $3,200,000Price per Sq Ft—Sq Ft—DOM112 / 71New0Total11
Manufactured
Avg/Median Price$282,892 / $249,000Range$90,000 – $1,250,000Price per Sq Ft$211 / $194Sq Ft1,331 / 1,344DOM82 / 69New3Total69
Multi-Family
Avg/Median Price$911,600 / $845,000Range$675,000 – $1,140,000Price per Sq Ft$454 / $564Sq Ft2,357 / 1,950DOM41 / 21New0Total5
Single Family
Avg/Median Price$959,979 / $900,000Range$320,000 – $2,424,900Price per Sq Ft$526 / $515Sq Ft1,958 / 1,840DOM40 / 25New10Total97
Townhouse
Avg/Median Price$504,667 / $425,000Range$399,000 – $690,000Price per Sq Ft$425 / $415Sq Ft1,171 / 1,024DOM97 / 56New0Total3
Sales by Bedroom Count
1 Beds
Avg:$321,780Median:$289,000Range:$92,000 – $599,000PSF:$563 / $507Sq Ft:562 / 570DOM:45 / 17New:0Total:5
2 Beds
Avg:$340,810Median:$335,900Range:$104,900 – $739,000PSF:$346 / $338Sq Ft:1,097 / 1,024DOM:70 / 49New:3Total:52
3 Beds
Avg:$615,061Median:$699,900Range:$90,000 – $1,400,000PSF:$410 / $460Sq Ft:1,493 / 1,421DOM:58 / 40New:8Total:86
4 Beds
Avg:$963,392Median:$979,000Range:$220,000 – $1,628,900PSF:$444 / $445Sq Ft:2,232 / 2,137DOM:49 / 27New:2Total:39
5 Beds
Avg:$1,205,960Median:$1,114,900Range:$372,000 – $2,424,900PSF:$444 / $412Sq Ft:2,757 / 2,650DOM:31 / 17New:1Total:15
6 Beds
Avg:$1,074,000Median:$1,074,000Range:$1,074,000 – $1,074,000PSF:$584 / $584Sq Ft:1,840 / 1,840DOM:119 / 119New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $321,780 | $289,000 | $92,000 – $599,000 | $563 / $507 | 562 / 570 | 45 / 17 | 0 | 5 |
| 2 Beds | $340,810 | $335,900 | $104,900 – $739,000 | $346 / $338 | 1,097 / 1,024 | 70 / 49 | 3 | 52 |
| 3 Beds | $615,061 | $699,900 | $90,000 – $1,400,000 | $410 / $460 | 1,493 / 1,421 | 58 / 40 | 8 | 86 |
| 4 Beds | $963,392 | $979,000 | $220,000 – $1,628,900 | $444 / $445 | 2,232 / 2,137 | 49 / 27 | 2 | 39 |
| 5 Beds | $1,205,960 | $1,114,900 | $372,000 – $2,424,900 | $444 / $412 | 2,757 / 2,650 | 31 / 17 | 1 | 15 |
| 6 Beds | $1,074,000 | $1,074,000 | $1,074,000 – $1,074,000 | $584 / $584 | 1,840 / 1,840 | 119 / 119 | 0 | 1 |
Rental Market Overview
Median Rent
$2,195
−0.2%
Median DOM
17
+21.4%
New Listings
15
Inventory
74
+1.4%
- Average Rent: $2,597
- Median Rent: $2,195
- Rent Range: $1,195 – $8,500
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,006 / 815
- Square Footage Range: 288 – 3,373
- Days on Market (Avg/Median): 56 / 17
- Days on Market Range: 1 – 316
- New Listings: 15
- Total Listings: 74
Rentals by Property Type
Apartment
$1,925
Median DOM: 47
Inventory: 37
MoM: −0.2%
Condo
$2,300
Median DOM: 16
Inventory: 8
MoM: −0.2%
Single Family
$3,800
Median DOM: 1
Inventory: 26
MoM: −0.2%
Townhouse
$2,200
Median DOM: 2
Inventory: 2
MoM: −0.2%
Apartment
Avg/Median Rent$1,984 / $1,925Range$1,195 – $2,895Rent per Sq Ft$3 / $3Sq Ft737 / 700DOM99 / 47New6Total37
Condo
Avg/Median Rent$2,277 / $2,300Range$1,675 – $2,850Rent per Sq Ft$3 / $3Sq Ft777 / 806DOM32 / 16New2Total8
Multi-Family
Avg/Median Rent$2,350 / $2,350Range$2,350 – $2,350Rent per Sq Ft$3 / $3Sq Ft700 / 700DOM23 / 23New0Total1
Single Family
Avg/Median Rent$3,596 / $3,800Range$1,595 – $8,500Rent per Sq Ft$3 / $3Sq Ft1,347 / 1,350DOM14 / 1New7Total26
Townhouse
Avg/Median Rent$2,350 / $2,200Range$2,200 – $2,500Rent per Sq Ft$2 / $1Sq Ft1,324 / 900DOM18 / 2New0Total2
Rentals by Bedroom Count
Studio
Avg:$1,797Median:$1,500Range:$1,195 – $2,695PSF:$5 / $4Sq Ft:389 / 380DOM:25 / 16New:0Total:3
1 Beds
Avg:$1,771Median:$1,725Range:$1,309 – $2,300PSF:$3 / $3Sq Ft:618 / 616DOM:88 / 2New:6Total:23
2 Beds
Avg:$2,246Median:$2,200Range:$1,675 – $2,850PSF:$3 / $3Sq Ft:848 / 850DOM:71 / 37New:5Total:27
3 Beds
Avg:$3,518Median:$3,800Range:$2,200 – $4,300PSF:$3 / $2Sq Ft:1,498 / 1,424DOM:14 / 1New:4Total:13
4 Beds
Avg:$4,836Median:$3,900Range:$3,400 – $8,500PSF:$3 / $2Sq Ft:1,683 / 1,632DOM:9 / 1New:0Total:7
6 Beds
Avg:$5,800Median:$5,800Range:$5,800 – $5,800PSF:$2 / $2Sq Ft:3,373 / 3,373DOM:31 / 31New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,797 | $1,500 | $1,195 – $2,695 | $5 / $4 | 389 / 380 | 25 / 16 | 0 | 3 |
| 1 Beds | $1,771 | $1,725 | $1,309 – $2,300 | $3 / $3 | 618 / 616 | 88 / 2 | 6 | 23 |
| 2 Beds | $2,246 | $2,200 | $1,675 – $2,850 | $3 / $3 | 848 / 850 | 71 / 37 | 5 | 27 |
| 3 Beds | $3,518 | $3,800 | $2,200 – $4,300 | $3 / $2 | 1,498 / 1,424 | 14 / 1 | 4 | 13 |
| 4 Beds | $4,836 | $3,900 | $3,400 – $8,500 | $3 / $2 | 1,683 / 1,632 | 9 / 1 | 0 | 7 |
| 6 Beds | $5,800 | $5,800 | $5,800 – $5,800 | $2 / $2 | 3,373 / 3,373 | 31 / 31 | 0 | 1 |
6-Month Sales Trend
Mar 2026
Median Price:$550,000Median DOM:32New:52Total:183
Apr 2026
Median Price:$549,999Median DOM:33New:63Total:198
May 2026
Median Price:$625,000Median DOM:37New:53Total:211
Jun 2026
Median Price:$720,000Median DOM:41New:57Total:209
Jul 2026
Median Price:$675,000Median DOM:36New:65Total:215
Aug 2026
Median Price:$675,000Median DOM:40New:14Total:209
6-Month Rental Trend
Mar 2026
Median Rent:$2,150Median DOM:23New:17Total:55
Apr 2026
Median Rent:$2,150Median DOM:18New:19Total:61
May 2026
Median Rent:$2,100Median DOM:15New:19Total:62
Jun 2026
Median Rent:$2,200Median DOM:16New:28Total:71
Jul 2026
Median Rent:$2,200Median DOM:14New:25Total:73
Aug 2026
Median Rent:$2,195Median DOM:17New:15Total:74
Key Market Takeaways
Median sale prices held steady this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory increased.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
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