ZIP 92116 Housing Market Report
San Diego Metro
Report period: July 2026
92116 Monthly Market Update – July 2026
ZIP 92116 · Last updated Jul 12, 2026 · Data range Feb 2026 – Jul 2026
Executive Snapshot
Median Sale Price
$1,295,000
−0.4%
Median DOM (Sales)
33
+17.9%
New Listings (Sales)
8
−77.8%
Median Rent
$2,350
−1.9%
Median DOM (Rental)
13
+8.3%
Total Rental Listings
352
0.0%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market lengthened. Rents softened.
What's Moving Fastest
- Fastest selling: Condo (19 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($2,400,000 median)
Sales Market Overview
Median Price
$1,295,000
−0.4%
Median DOM
33
+17.9%
New Listings
8
−77.8%
Inventory
120
−6.3%
- Average Price: $1,420,159
- Median Price: $1,295,000
- Price Range: $299,000 – $5,000,000
- Price per Sq Ft (Avg/Median): $905 / $854
- Square Footage (Avg/Median): 1,670 / 1,317
- Square Footage Range: 360 – 6,653
- Days on Market (Avg/Median): 54 / 33
- Days on Market Range: 3 – 330
- New Listings: 8
- Total Listings: 120
Sales by Property Type
Condo
Avg/Median Price$629,491 / $579,000Range$299,000 – $1,295,000Price per Sq Ft$754 / $719Sq Ft834 / 793DOM36 / 19New3Total28
Land
Avg/Median Price$1,947,500 / $695,000Range$695,000 – $3,200,000Price per Sq Ft—Sq Ft—DOM209 / 88New0Total2
Multi-Family
Avg/Median Price$1,928,000 / $1,600,000Range$899,000 – $5,000,000Price per Sq Ft$780 / $745Sq Ft2,754 / 2,400DOM74 / 55New2Total38
Single Family
Avg/Median Price$1,454,507 / $1,325,000Range$597,500 – $2,790,000Price per Sq Ft$1,058 / $1,083Sq Ft1,494 / 1,306DOM44 / 30New3Total52
Sales by Bedroom Count
Studio
Avg:$1,954,750Median:$1,170,000Range:$299,000 – $3,650,000PSF:$1,082 / $831Sq Ft:2,514 / 641DOM:116 / 100New:0Total:4
1 Beds
Avg:$491,396Median:$429,000Range:$369,000 – $744,800PSF:$919 / $791Sq Ft:554 / 550DOM:34 / 25New:3Total:13
2 Beds
Avg:$893,131Median:$874,999Range:$459,000 – $1,895,000PSF:$977 / $970Sq Ft:911 / 849DOM:29 / 16New:2Total:35
3 Beds
Avg:$1,530,696Median:$1,450,000Range:$900,000 – $2,275,000PSF:$945 / $948Sq Ft:1,678 / 1,538DOM:50 / 35New:1Total:30
4 Beds
Avg:$1,805,417Median:$1,749,000Range:$899,000 – $2,769,000PSF:$899 / $921Sq Ft:2,018 / 2,008DOM:59 / 32New:1Total:12
5 Beds
Avg:$1,865,833Median:$1,685,000Range:$1,200,000 – $2,790,000PSF:$698 / $729Sq Ft:2,841 / 2,860DOM:86 / 104New:0Total:9
6 Beds
Avg:$2,055,833Median:$1,895,000Range:$1,500,000 – $3,395,000PSF:$641 / $653Sq Ft:2,875 / 2,759DOM:54 / 30New:0Total:6
7 Beds
Avg:$2,748,500Median:$1,895,000Range:$1,600,000 – $5,000,000PSF:$705 / $767Sq Ft:4,226 / 3,234DOM:62 / 76New:1Total:4
8 Beds
Avg:$2,670,000Median:$2,400,000Range:$2,050,000 – $3,350,000PSF:$692 / $651Sq Ft:3,863 / 4,005DOM:115 / 88New:0Total:5
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,954,750 | $1,170,000 | $299,000 – $3,650,000 | $1,082 / $831 | 2,514 / 641 | 116 / 100 | 0 | 4 |
| 1 Beds | $491,396 | $429,000 | $369,000 – $744,800 | $919 / $791 | 554 / 550 | 34 / 25 | 3 | 13 |
| 2 Beds | $893,131 | $874,999 | $459,000 – $1,895,000 | $977 / $970 | 911 / 849 | 29 / 16 | 2 | 35 |
| 3 Beds | $1,530,696 | $1,450,000 | $900,000 – $2,275,000 | $945 / $948 | 1,678 / 1,538 | 50 / 35 | 1 | 30 |
| 4 Beds | $1,805,417 | $1,749,000 | $899,000 – $2,769,000 | $899 / $921 | 2,018 / 2,008 | 59 / 32 | 1 | 12 |
| 5 Beds | $1,865,833 | $1,685,000 | $1,200,000 – $2,790,000 | $698 / $729 | 2,841 / 2,860 | 86 / 104 | 0 | 9 |
| 6 Beds | $2,055,833 | $1,895,000 | $1,500,000 – $3,395,000 | $641 / $653 | 2,875 / 2,759 | 54 / 30 | 0 | 6 |
| 7 Beds | $2,748,500 | $1,895,000 | $1,600,000 – $5,000,000 | $705 / $767 | 4,226 / 3,234 | 62 / 76 | 1 | 4 |
| 8 Beds | $2,670,000 | $2,400,000 | $2,050,000 – $3,350,000 | $692 / $651 | 3,863 / 4,005 | 115 / 88 | 0 | 5 |
Rental Market Overview
Median Rent
$2,350
−1.9%
Median DOM
13
+8.3%
New Listings
70
Inventory
352
0.0%
- Average Rent: $2,568
- Median Rent: $2,350
- Rent Range: $1,195 – $8,760
- Rent per Sq Ft (Avg/Median): $4 / $4
- Square Footage (Avg/Median): 736 / 700
- Square Footage Range: 275 – 2,462
- Days on Market (Avg/Median): 49 / 13
- Days on Market Range: 1 – 361
- New Listings: 70
- Total Listings: 352
Rentals by Property Type
Apartment
$2,295
Median DOM: 24
Inventory: 257
MoM: −1.9%
Condo
$2,500
Median DOM: 1
Inventory: 52
MoM: −1.9%
Single Family
$3,050
Median DOM: 5
Inventory: 38
MoM: −1.9%
Townhouse
$1,900
Median DOM: 1
Inventory: 2
MoM: −1.9%
Apartment
Avg/Median Rent$2,420 / $2,295Range$1,465 – $8,760Rent per Sq Ft$4 / $3Sq Ft702 / 650DOM60 / 24New43Total257
Condo
Avg/Median Rent$2,698 / $2,500Range$1,195 – $8,500Rent per Sq Ft$4 / $4Sq Ft742 / 750DOM19 / 1New18Total52
Manufactured
Avg/Median Rent$2,395 / $2,395Range$2,395 – $2,395Rent per Sq Ft$3 / $3Sq Ft900 / 900DOM18 / 18New0Total1
Multi-Family
Avg/Median Rent$3,147 / $2,595Range$2,595 – $3,699Rent per Sq Ft$4 / $4Sq Ft770 / 610DOM39 / 25New0Total2
Single Family
Avg/Median Rent$3,378 / $3,050Range$1,595 – $8,500Rent per Sq Ft$4 / $4Sq Ft903 / 800DOM24 / 5New8Total38
Townhouse
Avg/Median Rent$2,398 / $1,900Range$1,900 – $2,895Rent per Sq Ft$3 / $3Sq Ft952 / 952DOM1 / 1New1Total2
Rentals by Bedroom Count
Studio
Avg:$1,755Median:$1,750Range:$1,195 – $2,552PSF:$5 / $4Sq Ft:408 / 400DOM:55 / 29New:1Total:33
1 Beds
Avg:$2,147Median:$2,100Range:$1,595 – $3,200PSF:$4 / $4Sq Ft:585 / 588DOM:59 / 14New:40Total:141
2 Beds
Avg:$2,869Median:$2,675Range:$1,600 – $8,760PSF:$3 / $3Sq Ft:838 / 800DOM:40 / 10New:26Total:151
3 Beds
Avg:$3,750Median:$3,295Range:$2,500 – $8,500PSF:$3 / $3Sq Ft:1,146 / 1,092DOM:40 / 10New:3Total:24
4 Beds
Avg:$6,700Median:$7,000Range:$4,600 – $8,500PSF:$5 / $3Sq Ft:1,890 / 1,317DOM:39 / 11New:0Total:3
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,755 | $1,750 | $1,195 – $2,552 | $5 / $4 | 408 / 400 | 55 / 29 | 1 | 33 |
| 1 Beds | $2,147 | $2,100 | $1,595 – $3,200 | $4 / $4 | 585 / 588 | 59 / 14 | 40 | 141 |
| 2 Beds | $2,869 | $2,675 | $1,600 – $8,760 | $3 / $3 | 838 / 800 | 40 / 10 | 26 | 151 |
| 3 Beds | $3,750 | $3,295 | $2,500 – $8,500 | $3 / $3 | 1,146 / 1,092 | 40 / 10 | 3 | 24 |
| 4 Beds | $6,700 | $7,000 | $4,600 – $8,500 | $5 / $3 | 1,890 / 1,317 | 39 / 11 | 0 | 3 |
6-Month Sales Trend
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:$1,295,000Median DOM:34New:35Total:133
Jun 2026
Median Price:$1,299,999Median DOM:28New:36Total:128
Jul 2026
Median Price:$1,295,000Median DOM:33New:8Total:120
6-Month Rental Trend
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:$2,350Median DOM:10New:145Total:354
Jun 2026
Median Rent:$2,395Median DOM:12New:133Total:352
Jul 2026
Median Rent:$2,350Median DOM:13New:70Total:352
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market lengthened, signaling slower buyer activity. Rental pricing eased, while total rental inventory was flat.
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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