ZIP 92040 Housing Market Report
San Diego Metro
Report period: July 2026
92040 Monthly Market Update – July 2026
ZIP 92040 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$690,000
−4.2%
Median DOM (Sales)
37
−9.8%
New Listings (Sales)
22
−61.4%
Median Rent
$2,150
−2.3%
Median DOM (Rental)
28
+75.0%
Total Rental Listings
68
−4.2%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents softened. Rental inventory tightened.
What's Moving Fastest
- Fastest selling: Townhouse (15 DOM)
- Fastest renting: Single Family (1 DOM)
- Strongest bedroom: 5 Beds ($1,140,000 median)
Sales Market Overview
Median Price
$690,000
−4.2%
Median DOM
37
−9.8%
New Listings
22
−61.4%
Inventory
220
+5.3%
- Average Price: $670,987
- Median Price: $690,000
- Price Range: $90,000 – $3,200,000
- Price per Sq Ft (Avg/Median): $408 / $420
- Square Footage (Avg/Median): 1,645 / 1,512
- Square Footage Range: 460 – 5,214
- Days on Market (Avg/Median): 61 / 37
- Days on Market Range: 1 – 359
- New Listings: 22
- Total Listings: 220
Sales by Property Type
Condo
Avg/Median Price$458,059 / $409,000Range$289,000 – $839,000Price per Sq Ft$469 / $464Sq Ft1,000 / 921DOM49 / 22New6Total29
Land
Avg/Median Price$759,750 / $449,000Range$100,000 – $3,200,000Price per Sq Ft—Sq Ft—DOM108 / 52New2Total12
Manufactured
Avg/Median Price$294,699 / $270,000Range$90,000 – $1,300,000Price per Sq Ft$219 / $204Sq Ft1,327 / 1,344DOM91 / 77New4Total67
Multi-Family
Avg/Median Price$898,400 / $799,000Range$675,000 – $1,140,000Price per Sq Ft$462 / $466Sq Ft2,164 / 1,950DOM33 / 33New1Total5
Single Family
Avg/Median Price$960,076 / $949,000Range$320,000 – $2,150,000Price per Sq Ft$506 / $487Sq Ft2,025 / 1,916DOM38 / 21New9Total103
Townhouse
Avg/Median Price$522,944 / $425,000Range$399,000 – $690,000Price per Sq Ft$446 / $415Sq Ft1,163 / 1,024DOM139 / 15New0Total4
Sales by Bedroom Count
1 Beds
Avg:$265,975Median:$289,000Range:$95,000 – $349,900PSF:$449 / $507Sq Ft:572 / 570DOM:58 / 15New:0Total:4
2 Beds
Avg:$344,292Median:$364,000Range:$104,900 – $749,000PSF:$348 / $338Sq Ft:1,098 / 1,024DOM:76 / 60New:7Total:53
3 Beds
Avg:$627,626Median:$699,900Range:$90,000 – $1,400,000PSF:$421 / $462Sq Ft:1,482 / 1,437DOM:61 / 33New:7Total:87
4 Beds
Avg:$933,941Median:$975,000Range:$220,000 – $1,495,000PSF:$437 / $429Sq Ft:2,180 / 2,183DOM:39 / 20New:5Total:44
5 Beds
Avg:$1,179,895Median:$1,140,000Range:$372,000 – $2,150,000PSF:$422 / $399Sq Ft:2,860 / 2,756DOM:37 / 10New:1Total:19
6 Beds
Avg:$1,074,000Median:$1,074,000Range:$1,074,000 – $1,074,000PSF:$584 / $584Sq Ft:1,840 / 1,840DOM:108 / 108New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $265,975 | $289,000 | $95,000 – $349,900 | $449 / $507 | 572 / 570 | 58 / 15 | 0 | 4 |
| 2 Beds | $344,292 | $364,000 | $104,900 – $749,000 | $348 / $338 | 1,098 / 1,024 | 76 / 60 | 7 | 53 |
| 3 Beds | $627,626 | $699,900 | $90,000 – $1,400,000 | $421 / $462 | 1,482 / 1,437 | 61 / 33 | 7 | 87 |
| 4 Beds | $933,941 | $975,000 | $220,000 – $1,495,000 | $437 / $429 | 2,180 / 2,183 | 39 / 20 | 5 | 44 |
| 5 Beds | $1,179,895 | $1,140,000 | $372,000 – $2,150,000 | $422 / $399 | 2,860 / 2,756 | 37 / 10 | 1 | 19 |
| 6 Beds | $1,074,000 | $1,074,000 | $1,074,000 – $1,074,000 | $584 / $584 | 1,840 / 1,840 | 108 / 108 | 0 | 1 |
Rental Market Overview
Median Rent
$2,150
−2.3%
Median DOM
28
+75.0%
New Listings
14
Inventory
68
−4.2%
- Average Rent: $2,616
- Median Rent: $2,150
- Rent Range: $1,195 – $8,500
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 997 / 850
- Square Footage Range: 288 – 3,373
- Days on Market (Avg/Median): 55 / 28
- Days on Market Range: 1 – 286
- New Listings: 14
- Total Listings: 68
Rentals by Property Type
Apartment
$1,925
Median DOM: 36
Inventory: 35
MoM: −2.3%
Condo
$1,995
Median DOM: 30
Inventory: 7
MoM: −2.3%
Single Family
$3,500
Median DOM: 1
Inventory: 24
MoM: −2.3%
Townhouse
$2,500
Median DOM: 22
Inventory: 2
MoM: −2.3%
Apartment
Avg/Median Rent$1,993 / $1,925Range$1,195 – $3,745Rent per Sq Ft$3 / $3Sq Ft756 / 700DOM92 / 36New5Total35
Condo
Avg/Median Rent$2,209 / $1,995Range$1,675 – $2,995Rent per Sq Ft$3 / $3Sq Ft747 / 728DOM32 / 30New2Total7
Single Family
Avg/Median Rent$3,626 / $3,500Range$1,595 – $8,500Rent per Sq Ft$3 / $3Sq Ft1,354 / 1,350DOM17 / 1New7Total24
Townhouse
Avg/Median Rent$2,838 / $2,500Range$2,500 – $3,175Rent per Sq Ft$3 / $3Sq Ft1,025 / 900DOM31 / 22New0Total2
Rentals by Bedroom Count
Studio
Avg:$1,748Median:$1,550Range:$1,195 – $2,695PSF:$4 / $4Sq Ft:429 / 500DOM:115 / 47New:0Total:4
1 Beds
Avg:$1,800Median:$1,795Range:$1,309 – $2,300PSF:$3 / $3Sq Ft:614 / 616DOM:78 / 43New:7Total:24
2 Beds
Avg:$2,323Median:$2,195Range:$1,675 – $3,095PSF:$3 / $3Sq Ft:893 / 850DOM:55 / 22New:2Total:21
3 Beds
Avg:$3,586Median:$3,750Range:$2,600 – $4,300PSF:$3 / $3Sq Ft:1,346 / 1,300DOM:22 / 12New:4Total:11
4 Beds
Avg:$4,814Median:$3,850Range:$3,400 – $8,500PSF:$3 / $2Sq Ft:1,836 / 1,632DOM:11 / 1New:1Total: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 | $1,748 | $1,550 | $1,195 – $2,695 | $4 / $4 | 429 / 500 | 115 / 47 | 0 | 4 |
| 1 Beds | $1,800 | $1,795 | $1,309 – $2,300 | $3 / $3 | 614 / 616 | 78 / 43 | 7 | 24 |
| 2 Beds | $2,323 | $2,195 | $1,675 – $3,095 | $3 / $3 | 893 / 850 | 55 / 22 | 2 | 21 |
| 3 Beds | $3,586 | $3,750 | $2,600 – $4,300 | $3 / $3 | 1,346 / 1,300 | 22 / 12 | 4 | 11 |
| 4 Beds | $4,814 | $3,850 | $3,400 – $8,500 | $3 / $2 | 1,836 / 1,632 | 11 / 1 | 1 | 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
Feb 2026
Median Price:$519,999Median DOM:37New:43Total:167
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:$690,000Median DOM:37New:22Total:220
6-Month Rental Trend
Feb 2026
Median Rent:$2,203Median DOM:30New:10Total:58
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:$2,150Median DOM:28New:14Total:68
Key Market Takeaways
Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing eased, while total rental inventory tightened.
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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