ZIP 92104 Housing Market Report

San Diego Metro

Report period: May 2026

92104 Monthly Market Update – May 2026

ZIP 92104 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026

Executive Snapshot

Median Sale Price
$949,000
−4.6%
Median DOM (Sales)
30
−3.2%
New Listings (Sales)
23
−45.2%
Median Rent
$2,450
+2.3%
Median DOM (Rental)
7
0.0%
Total Rental Listings
540
−3.1%

Month-over-Month Movement

Median sale prices eased compared to last month. Days on market improved. Rents moved higher. Rental inventory tightened.

What's Moving Fastest

  • Fastest selling: Single Family (17 DOM)
  • Fastest renting: Condo (1 DOM)
  • Strongest bedroom: 6 Beds ($2,550,000 median)

Sales Market Overview

Median Price
$949,000
−4.6%
Median DOM
30
−3.2%
New Listings
23
−45.2%
Inventory
157
+4.7%
  • Average Price: $1,199,269
  • Median Price: $949,000
  • Price Range: $255,000 – $7,496,000
  • Price per Sq Ft (Avg/Median): $826 / $783
  • Square Footage (Avg/Median): 1,447 / 1,090
  • Square Footage Range: 336 – 9,343
  • Days on Market (Avg/Median): 43 / 30
  • Days on Market Range: 2 – 264
  • New Listings: 23
  • Total Listings: 157

Sales by Property Type

Condo
Avg/Median Price$545,083 / $489,000Range$255,000 – $1,325,000Price per Sq Ft$711 / $706Sq Ft782 / 748DOM42 / 32New11Total62
Land
Avg/Median Price$899,000 / $899,000Range$899,000 – $899,000Price per Sq FtSq FtDOM55 / 55New0Total1
Multi-Family
Avg/Median Price$2,195,224 / $1,749,500Range$895,000 – $7,496,000Price per Sq Ft$795 / $790Sq Ft2,879 / 2,405DOM56 / 54New2Total38
Single Family
Avg/Median Price$1,253,082 / $1,169,000Range$499,000 – $2,550,000Price per Sq Ft$972 / $955Sq Ft1,365 / 1,250DOM35 / 17New10Total56

Sales by Bedroom Count

Studio
Avg:$1,665,778Median:$369,000Range:$319,888 – $4,000,000PSF:$744 / $727Sq Ft:2,654 / 520DOM:66 / 61New:0Total:5
1 Beds
Avg:$390,931Median:$424,000Range:$255,000 – $519,000PSF:$737 / $730Sq Ft:537 / 560DOM:44 / 41New:4Total:25
2 Beds
Avg:$740,000Median:$729,900Range:$427,305 – $1,275,000PSF:$823 / $730Sq Ft:925 / 849DOM:35 / 26New:8Total:51
3 Beds
Avg:$1,378,044Median:$1,295,000Range:$599,000 – $4,200,000PSF:$931 / $919Sq Ft:1,434 / 1,304DOM:42 / 24New:7Total:38
4 Beds
Avg:$1,584,429Median:$1,499,000Range:$949,000 – $2,495,000PSF:$829 / $790Sq Ft:1,936 / 1,850DOM:36 / 24New:1Total:14
5 Beds
Avg:$2,003,318Median:$1,895,000Range:$1,395,000 – $2,995,000PSF:$818 / $795Sq Ft:2,578 / 2,500DOM:55 / 49New:2Total:11
6 Beds
Avg:$3,757,000Median:$2,550,000Range:$1,225,000 – $7,496,000PSF:$694 / $643Sq Ft:5,076 / 3,966DOM:98 / 72New:0Total:3
7 Beds
Avg:$2,505,780Median:$2,499,900Range:$1,895,000 – $3,189,000PSF:$758 / $739Sq Ft:3,301 / 3,384DOM:67 / 54New:1Total:5
8 Beds
Avg:$2,790,000Median:$2,275,000Range:$1,890,000 – $4,600,000PSF:$724 / $771Sq Ft:4,209 / 3,900DOM:36 / 25New:0Total:4

Rental Market Overview

Median Rent
$2,450
+2.3%
Median DOM
7
0.0%
New Listings
155
Inventory
540
−3.1%
  • Average Rent: $2,674
  • Median Rent: $2,450
  • Rent Range: $1,449 – $10,000
  • Rent per Sq Ft (Avg/Median): $4 / $4
  • Square Footage (Avg/Median): 755 / 720
  • Square Footage Range: 250 – 2,038
  • Days on Market (Avg/Median): 42 / 7
  • Days on Market Range: 1 – 362
  • New Listings: 155
  • Total Listings: 540

Rentals by Property Type

Apartment
$2,300
Median DOM: 15
Inventory: 371
MoM: +2.3%
Condo
$2,700
Median DOM: 1
Inventory: 71
MoM: +2.3%
Single Family
$2,995
Median DOM: 1
Inventory: 83
MoM: +2.3%
Townhouse
$3,600
Median DOM: 1
Inventory: 11
MoM: +2.3%
Apartment
Avg/Median Rent$2,503 / $2,300Range$1,450 – $9,762Rent per Sq Ft$4 / $4Sq Ft710 / 700DOM53 / 15New95Total371
Condo
Avg/Median Rent$2,720 / $2,700Range$1,449 – $4,800Rent per Sq Ft$4 / $4Sq Ft750 / 740DOM24 / 1New24Total71
Multi-Family
Avg/Median Rent$2,555 / $2,475Range$2,400 – $2,800Rent per Sq Ft$4 / $3Sq Ft729 / 725DOM17 / 1New1Total4
Single Family
Avg/Median Rent$3,336 / $2,995Range$1,490 – $10,000Rent per Sq Ft$4 / $4Sq Ft922 / 850DOM12 / 1New31Total83
Townhouse
Avg/Median Rent$3,186 / $3,600Range$1,895 – $3,995Rent per Sq Ft$3 / $4Sq Ft938 / 1,005DOM12 / 1New4Total11

Rentals by Bedroom Count

Studio
Avg:$1,901Median:$1,933Range:$1,450 – $2,395PSF:$5 / $5Sq Ft:436 / 410DOM:56 / 9New:11Total:36
1 Beds
Avg:$2,224Median:$2,095Range:$1,449 – $4,639PSF:$4 / $4Sq Ft:597 / 600DOM:44 / 11New:66Total:240
2 Beds
Avg:$2,958Median:$2,795Range:$1,500 – $9,157PSF:$3 / $3Sq Ft:867 / 831DOM:37 / 3New:65Total:226
3 Beds
Avg:$4,561Median:$3,950Range:$2,995 – $10,000PSF:$4 / $3Sq Ft:1,251 / 1,200DOM:43 / 1New:12Total:35
4 Beds
Avg:$4,482Median:$4,750Range:$3,200 – $5,495PSF:$3 / $3Sq Ft:1,513 / 1,300DOM:14 / 1New:1Total:3

6-Month Sales Trend

Dec 2025
Median Price:$1,100,000Median DOM:54New:18Total:135
Jan 2026
Median Price:$1,039,000Median DOM:35New:47Total:124
Feb 2026
Median Price:$975,000Median DOM:27New:39Total:124
Mar 2026
Median Price:$995,000Median DOM:26New:59Total:151
Apr 2026
Median Price:$995,000Median DOM:31New:42Total:150
May 2026
Median Price:$949,000Median DOM:30New:23Total:157

6-Month Rental Trend

Dec 2025
Median Rent:$2,375Median DOM:4New:253Total:517
Jan 2026
Median Rent:$2,367Median DOM:2New:250Total:562
Feb 2026
Median Rent:$2,345Median DOM:4New:212Total:536
Mar 2026
Median Rent:$2,395Median DOM:7New:214Total:526
Apr 2026
Median Rent:$2,395Median DOM:7New:246Total:557
May 2026
Median Rent:$2,450Median DOM:7New:155Total:540

Key Market Takeaways

Median sale prices softened this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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