ZIP 92116 Housing Market Report
San Diego Metro
Report period: May 2026
92116 Monthly Market Update – May 2026
ZIP 92116 · Last updated May 12, 2026 · Data range Dec 2025 – May 2026
Executive Snapshot
Median Sale Price
$1,299,999
+0.4%
Median DOM (Sales)
28
−6.7%
New Listings (Sales)
14
−58.8%
Median Rent
$2,395
+1.9%
Median DOM (Rental)
11
−15.4%
Total Rental Listings
340
+0.3%
Month-over-Month Movement
Median sale prices moved higher. Days on market improved. Rents moved higher. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (17 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($2,200,000 median)
Sales Market Overview
Median Price
$1,299,999
+0.4%
Median DOM
28
−6.7%
New Listings
14
−58.8%
Inventory
134
+8.9%
- Average Price: $1,417,657
- Median Price: $1,299,999
- Price Range: $324,900 – $3,750,000
- Price per Sq Ft (Avg/Median): $905 / $903
- Square Footage (Avg/Median): 1,643 / 1,339
- Square Footage Range: 360 – 6,653
- Days on Market (Avg/Median): 42 / 28
- Days on Market Range: 3 – 292
- New Listings: 14
- Total Listings: 134
Sales by Property Type
Condo
Avg/Median Price$680,251 / $550,000Range$324,900 – $1,395,000Price per Sq Ft$804 / $758Sq Ft832 / 744DOM40 / 30New2Total32
Land
Avg/Median Price$1,630,000 / $995,000Range$695,000 – $3,200,000Price per Sq Ft—Sq Ft—DOM115 / 57New0Total3
Multi-Family
Avg/Median Price$1,873,114 / $1,795,000Range$1,050,000 – $3,750,000Price per Sq Ft$784 / $710Sq Ft2,634 / 2,289DOM57 / 48New3Total35
Single Family
Avg/Median Price$1,527,328 / $1,397,000Range$597,500 – $3,725,000Price per Sq Ft$1,006 / $1,008Sq Ft1,631 / 1,453DOM31 / 17New9Total64
Sales by Bedroom Count
Studio
Avg:$1,992,475Median:$1,195,000Range:$324,900 – $3,750,000PSF:$1,058 / $903Sq Ft:2,535 / 728DOM:59 / 39New:0Total:4
1 Beds
Avg:$482,958Median:$449,000Range:$395,000 – $699,000PSF:$903 / $758Sq Ft:556 / 558DOM:27 / 18New:2Total:13
2 Beds
Avg:$947,710Median:$949,000Range:$465,000 – $1,895,000PSF:$969 / $970Sq Ft:979 / 876DOM:33 / 25New:1Total:43
3 Beds
Avg:$1,534,154Median:$1,475,000Range:$834,000 – $2,850,000PSF:$927 / $918Sq Ft:1,712 / 1,632DOM:39 / 25New:6Total:32
4 Beds
Avg:$1,797,809Median:$1,699,900Range:$1,100,000 – $2,875,000PSF:$901 / $912Sq Ft:1,990 / 1,946DOM:35 / 20New:3Total:11
5 Beds
Avg:$2,223,318Median:$2,199,000Range:$1,200,000 – $3,725,000PSF:$803 / $766Sq Ft:2,926 / 2,860DOM:40 / 43New:2Total:11
6 Beds
Avg:$1,994,542Median:$1,800,000Range:$1,397,000 – $3,395,000PSF:$721 / $709Sq Ft:2,565 / 2,320DOM:61 / 52New:0Total:7
7 Beds
Avg:$1,797,500Median:$1,600,000Range:$1,600,000 – $1,995,000PSF:$495 / $495Sq Ft:3,234 / 3,234DOM:46 / 15New:0Total:2
8 Beds
Avg:$2,399,250Median:$2,200,000Range:$1,995,000 – $3,200,000PSF:$667 / $682Sq Ft:3,694 / 3,224DOM:78 / 51New:0Total:8
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,992,475 | $1,195,000 | $324,900 – $3,750,000 | $1,058 / $903 | 2,535 / 728 | 59 / 39 | 0 | 4 |
| 1 Beds | $482,958 | $449,000 | $395,000 – $699,000 | $903 / $758 | 556 / 558 | 27 / 18 | 2 | 13 |
| 2 Beds | $947,710 | $949,000 | $465,000 – $1,895,000 | $969 / $970 | 979 / 876 | 33 / 25 | 1 | 43 |
| 3 Beds | $1,534,154 | $1,475,000 | $834,000 – $2,850,000 | $927 / $918 | 1,712 / 1,632 | 39 / 25 | 6 | 32 |
| 4 Beds | $1,797,809 | $1,699,900 | $1,100,000 – $2,875,000 | $901 / $912 | 1,990 / 1,946 | 35 / 20 | 3 | 11 |
| 5 Beds | $2,223,318 | $2,199,000 | $1,200,000 – $3,725,000 | $803 / $766 | 2,926 / 2,860 | 40 / 43 | 2 | 11 |
| 6 Beds | $1,994,542 | $1,800,000 | $1,397,000 – $3,395,000 | $721 / $709 | 2,565 / 2,320 | 61 / 52 | 0 | 7 |
| 7 Beds | $1,797,500 | $1,600,000 | $1,600,000 – $1,995,000 | $495 / $495 | 3,234 / 3,234 | 46 / 15 | 0 | 2 |
| 8 Beds | $2,399,250 | $2,200,000 | $1,995,000 – $3,200,000 | $667 / $682 | 3,694 / 3,224 | 78 / 51 | 0 | 8 |
Rental Market Overview
Median Rent
$2,395
+1.9%
Median DOM
11
−15.4%
New Listings
84
Inventory
340
+0.3%
- Average Rent: $2,657
- Median Rent: $2,395
- Rent Range: $1,000 – $8,500
- Rent per Sq Ft (Avg/Median): $4 / $3
- Square Footage (Avg/Median): 760 / 720
- Square Footage Range: 300 – 2,462
- Days on Market (Avg/Median): 46 / 11
- Days on Market Range: 1 – 364
- New Listings: 84
- Total Listings: 340
Rentals by Property Type
Apartment
$2,288
Median DOM: 21
Inventory: 232
MoM: +1.9%
Condo
$2,595
Median DOM: 1
Inventory: 57
MoM: +1.9%
Single Family
$3,350
Median DOM: 1
Inventory: 46
MoM: +1.9%
Townhouse
$1,995
Median DOM: 1
Inventory: 4
MoM: +1.9%
Apartment
Avg/Median Rent$2,456 / $2,288Range$1,000 – $8,229Rent per Sq Ft$4 / $3Sq Ft707 / 650DOM57 / 21New49Total232
Condo
Avg/Median Rent$2,726 / $2,595Range$1,800 – $7,000Rent per Sq Ft$4 / $3Sq Ft785 / 794DOM19 / 1New20Total57
Manufactured
Avg/Median Rent$2,395 / $2,395Range$2,395 – $2,395Rent per Sq Ft$3 / $3Sq Ft900 / 900DOM12 / 12New1Total1
Single Family
Avg/Median Rent$3,554 / $3,350Range$1,595 – $8,500Rent per Sq Ft$4 / $4Sq Ft935 / 828DOM26 / 1New13Total46
Townhouse
Avg/Median Rent$3,028 / $1,995Range$1,825 – $4,195Rent per Sq Ft$3 / $3Sq Ft1,041 / 1,078DOM1 / 1New1Total4
Rentals by Bedroom Count
Studio
Avg:$1,988Median:$1,995Range:$1,495 – $2,707PSF:$5 / $5Sq Ft:410 / 400DOM:51 / 1New:3Total:19
1 Beds
Avg:$2,151Median:$2,095Range:$1,000 – $3,300PSF:$4 / $4Sq Ft:590 / 590DOM:56 / 14New:29Total:152
2 Beds
Avg:$2,991Median:$2,795Range:$1,995 – $8,229PSF:$3 / $3Sq Ft:876 / 843DOM:37 / 8New:46Total:149
3 Beds
Avg:$4,381Median:$3,850Range:$3,050 – $8,500PSF:$3 / $3Sq Ft:1,309 / 1,200DOM:25 / 1New:5Total:18
4 Beds
Avg:$7,000Median:$7,000Range:$7,000 – $7,000PSF:$4 / $3Sq Ft:1,890 / 1,317DOM:22 / 1New:1Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,988 | $1,995 | $1,495 – $2,707 | $5 / $5 | 410 / 400 | 51 / 1 | 3 | 19 |
| 1 Beds | $2,151 | $2,095 | $1,000 – $3,300 | $4 / $4 | 590 / 590 | 56 / 14 | 29 | 152 |
| 2 Beds | $2,991 | $2,795 | $1,995 – $8,229 | $3 / $3 | 876 / 843 | 37 / 8 | 46 | 149 |
| 3 Beds | $4,381 | $3,850 | $3,050 – $8,500 | $3 / $3 | 1,309 / 1,200 | 25 / 1 | 5 | 18 |
| 4 Beds | $7,000 | $7,000 | $7,000 – $7,000 | $4 / $3 | 1,890 / 1,317 | 22 / 1 | 1 | 2 |
6-Month Sales Trend
Dec 2025
Median Price:$1,225,000Median DOM:57New:18Total:102
Jan 2026
Median Price:$1,255,000Median DOM:30New:41Total:93
Feb 2026
Median Price:$1,350,000Median DOM:33New:26Total:108
Mar 2026
Median Price:$1,275,000Median DOM:22New:45Total:111
Apr 2026
Median Price:$1,295,000Median DOM:30New:34Total:123
May 2026
Median Price:$1,299,999Median DOM:28New:14Total:134
6-Month Rental Trend
Dec 2025
Median Rent:$2,295Median DOM:14New:112Total:291
Jan 2026
Median Rent:$2,295Median DOM:15New:119Total:308
Feb 2026
Median Rent:$2,295Median DOM:16New:114Total:294
Mar 2026
Median Rent:$2,295Median DOM:11New:123Total:298
Apr 2026
Median Rent:$2,350Median DOM:13New:139Total:339
May 2026
Median Rent:$2,395Median DOM:11New:84Total:340
Key Market Takeaways
Median sale prices moved higher this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing increased, 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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