ZIP 92116 Housing Market Report
San Diego Metro
Report period: August 2026
92116 Monthly Market Update – August 2026
ZIP 92116 · Last updated Aug 11, 2026 · Data range Mar 2026 – Aug 2026
Executive Snapshot
Median Sale Price
$1,250,000
−3.0%
Median DOM (Sales)
33
−5.7%
New Listings (Sales)
10
−70.6%
Median Rent
$2,295
0.0%
Median DOM (Rental)
9
−10.0%
Total Rental Listings
354
+1.4%
Month-over-Month Movement
Median sale prices eased compared to last month. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Townhouse (7 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($2,200,000 median)
Sales Market Overview
Median Price
$1,250,000
−3.0%
Median DOM
33
−5.7%
New Listings
10
−70.6%
Inventory
121
−5.5%
- Average Price: $1,294,218
- Median Price: $1,250,000
- Price Range: $279,500 – $5,000,000
- Price per Sq Ft (Avg/Median): $858 / $787
- Square Footage (Avg/Median): 1,610 / 1,218
- Square Footage Range: 360 – 6,653
- Days on Market (Avg/Median): 54 / 33
- Days on Market Range: 3 – 360
- New Listings: 10
- Total Listings: 121
Sales by Property Type
Condo
Avg/Median Price$606,054 / $570,000Range$279,500 – $1,295,000Price per Sq Ft$733 / $701Sq Ft822 / 814DOM38 / 18New5Total38
Land
Avg/Median Price$695,000 / $695,000Range$695,000 – $695,000Price per Sq Ft—Sq Ft—DOM360 / 360New0Total1
Multi-Family
Avg/Median Price$1,934,906 / $1,749,000Range$899,000 – $5,000,000Price per Sq Ft$782 / $767Sq Ft2,916 / 2,750DOM78 / 62New1Total33
Single Family
Avg/Median Price$1,424,883 / $1,295,000Range$598,800 – $2,650,000Price per Sq Ft$1,003 / $1,022Sq Ft1,540 / 1,340DOM45 / 30New4Total48
Townhouse
Avg/Median Price$629,000 / $629,000Range$629,000 – $629,000Price per Sq Ft$661 / $661Sq Ft952 / 952DOM7 / 7New0Total1
Sales by Bedroom Count
Studio
Avg:$1,619,700Median:$1,170,000Range:$279,500 – $3,650,000PSF:$1,019 / $831Sq Ft:2,084 / 641DOM:100 / 116New:0Total:5
1 Beds
Avg:$442,761Median:$424,999Range:$355,000 – $659,000PSF:$755 / $662Sq Ft:595 / 608DOM:40 / 33New:2Total:14
2 Beds
Avg:$849,807Median:$759,000Range:$459,000 – $1,795,000PSF:$910 / $786Sq Ft:929 / 858DOM:36 / 18New:3Total:39
3 Beds
Avg:$1,473,711Median:$1,399,000Range:$879,000 – $2,150,000PSF:$942 / $928Sq Ft:1,628 / 1,538DOM:49 / 35New:3Total:28
4 Beds
Avg:$1,764,414Median:$1,749,000Range:$899,000 – $2,650,000PSF:$825 / $864Sq Ft:2,196 / 2,250DOM:59 / 17New:2Total:14
5 Beds
Avg:$1,840,333Median:$1,649,000Range:$1,295,000 – $2,459,000PSF:$722 / $763Sq Ft:2,561 / 2,688DOM:91 / 87New:0Total:6
6 Beds
Avg:$1,610,833Median:$1,500,000Range:$1,360,000 – $1,949,999PSF:$586 / $544Sq Ft:3,012 / 2,759DOM:59 / 43New:0Total:6
7 Beds
Avg:$2,848,500Median:$2,000,000Range:$1,895,000 – $5,000,000PSF:$740 / $767Sq Ft:4,262 / 3,341DOM:63 / 36New:0Total:4
8 Beds
Avg:$2,599,750Median:$2,200,000Range:$2,050,000 – $3,250,000PSF:$608 / $500Sq Ft:4,431 / 4,005DOM:100 / 85New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,619,700 | $1,170,000 | $279,500 – $3,650,000 | $1,019 / $831 | 2,084 / 641 | 100 / 116 | 0 | 5 |
| 1 Beds | $442,761 | $424,999 | $355,000 – $659,000 | $755 / $662 | 595 / 608 | 40 / 33 | 2 | 14 |
| 2 Beds | $849,807 | $759,000 | $459,000 – $1,795,000 | $910 / $786 | 929 / 858 | 36 / 18 | 3 | 39 |
| 3 Beds | $1,473,711 | $1,399,000 | $879,000 – $2,150,000 | $942 / $928 | 1,628 / 1,538 | 49 / 35 | 3 | 28 |
| 4 Beds | $1,764,414 | $1,749,000 | $899,000 – $2,650,000 | $825 / $864 | 2,196 / 2,250 | 59 / 17 | 2 | 14 |
| 5 Beds | $1,840,333 | $1,649,000 | $1,295,000 – $2,459,000 | $722 / $763 | 2,561 / 2,688 | 91 / 87 | 0 | 6 |
| 6 Beds | $1,610,833 | $1,500,000 | $1,360,000 – $1,949,999 | $586 / $544 | 3,012 / 2,759 | 59 / 43 | 0 | 6 |
| 7 Beds | $2,848,500 | $2,000,000 | $1,895,000 – $5,000,000 | $740 / $767 | 4,262 / 3,341 | 63 / 36 | 0 | 4 |
| 8 Beds | $2,599,750 | $2,200,000 | $2,050,000 – $3,250,000 | $608 / $500 | 4,431 / 4,005 | 100 / 85 | 0 | 4 |
Rental Market Overview
Median Rent
$2,295
0.0%
Median DOM
9
−10.0%
New Listings
82
Inventory
354
+1.4%
- Average Rent: $2,509
- Median Rent: $2,295
- Rent Range: $1,195 – $8,760
- Rent per Sq Ft (Avg/Median): $4 / $4
- Square Footage (Avg/Median): 705 / 650
- Square Footage Range: 275 – 1,800
- Days on Market (Avg/Median): 44 / 9
- Days on Market Range: 1 – 349
- New Listings: 82
- Total Listings: 354
Rentals by Property Type
Apartment
$2,250
Median DOM: 16
Inventory: 247
MoM: 0.0%
Condo
$2,400
Median DOM: 1
Inventory: 51
MoM: 0.0%
Single Family
$2,950
Median DOM: 1
Inventory: 52
MoM: 0.0%
Townhouse
$1,900
Median DOM: 1
Inventory: 2
MoM: 0.0%
Apartment
Avg/Median Rent$2,340 / $2,250Range$1,450 – $8,760Rent per Sq Ft$4 / $4Sq Ft666 / 621DOM54 / 16New40Total247
Condo
Avg/Median Rent$2,593 / $2,400Range$1,195 – $8,500Rent per Sq Ft$4 / $4Sq Ft686 / 696DOM23 / 1New18Total51
Multi-Family
Avg/Median Rent$3,074 / $2,450Range$2,450 – $3,699Rent per Sq Ft$4 / $4Sq Ft770 / 610DOM51 / 42New0Total2
Single Family
Avg/Median Rent$3,188 / $2,950Range$1,475 – $8,500Rent per Sq Ft$4 / $4Sq Ft866 / 806DOM17 / 1New22Total52
Townhouse
Avg/Median Rent$2,948 / $1,900Range$1,900 – $3,995Rent per Sq Ft$3 / $3Sq Ft1,450 / 1,450DOM1 / 1New2Total2
Rentals by Bedroom Count
Studio
Avg:$1,773Median:$1,745Range:$1,195 – $2,632PSF:$5 / $5Sq Ft:406 / 400DOM:54 / 27New:3Total:35
1 Beds
Avg:$2,113Median:$2,095Range:$1,550 – $3,200PSF:$4 / $4Sq Ft:571 / 570DOM:44 / 9New:42Total:161
2 Beds
Avg:$2,850Median:$2,595Range:$1,475 – $8,760PSF:$3 / $3Sq Ft:819 / 800DOM:40 / 6New:29Total:131
3 Beds
Avg:$3,922Median:$3,695Range:$2,450 – $8,500PSF:$3 / $3Sq Ft:1,232 / 1,150DOM:50 / 6New:8Total:23
4 Beds
Avg:$5,732Median:$4,600Range:$4,095 – $8,500PSF:$5 / $4Sq Ft:1,154 / 990DOM:49 / 11New:0Total:3
5 Beds
Avg:$4,995Median:$4,995Range:$4,995 – $4,995PSF:$3 / $3Sq Ft:1,510 / 1,510DOM:1 / 1New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,773 | $1,745 | $1,195 – $2,632 | $5 / $5 | 406 / 400 | 54 / 27 | 3 | 35 |
| 1 Beds | $2,113 | $2,095 | $1,550 – $3,200 | $4 / $4 | 571 / 570 | 44 / 9 | 42 | 161 |
| 2 Beds | $2,850 | $2,595 | $1,475 – $8,760 | $3 / $3 | 819 / 800 | 40 / 6 | 29 | 131 |
| 3 Beds | $3,922 | $3,695 | $2,450 – $8,500 | $3 / $3 | 1,232 / 1,150 | 50 / 6 | 8 | 23 |
| 4 Beds | $5,732 | $4,600 | $4,095 – $8,500 | $5 / $4 | 1,154 / 990 | 49 / 11 | 0 | 3 |
| 5 Beds | $4,995 | $4,995 | $4,995 – $4,995 | $3 / $3 | 1,510 / 1,510 | 1 / 1 | 0 | 1 |
6-Month Sales Trend
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:$1,289,000Median DOM:35New:34Total:128
Aug 2026
Median Price:$1,250,000Median DOM:33New:10Total:121
6-Month Rental Trend
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:$2,295Median DOM:10New:128Total:349
Aug 2026
Median Rent:$2,295Median DOM:9New:82Total:354
Key Market Takeaways
Median sale prices softened this month while inventory compressed. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, 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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