ZIP 92116 Housing Market Report
San Diego Metro
Report period: March 2026
92116 Monthly Market Update – March 2026
ZIP 92116 · Last updated Mar 12, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$1,299,000
−3.8%
Median DOM (Sales)
28
−15.2%
New Listings (Sales)
12
−53.8%
Median Rent
$2,295
0.0%
Median DOM (Rental)
10
−37.5%
Total Rental Listings
304
+3.4%
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 (13 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: Studio ($3,495,000 median)
Sales Market Overview
Median Price
$1,299,000
−3.8%
Median DOM
28
−15.2%
New Listings
12
−53.8%
Inventory
105
−2.8%
- Average Price: $1,497,899
- Median Price: $1,299,000
- Price Range: $389,000 – $4,995,000
- Price per Sq Ft (Avg/Median): $858 / $819
- Square Footage (Avg/Median): 1,873 / 1,586
- Square Footage Range: 558 – 6,743
- Days on Market (Avg/Median): 45 / 28
- Days on Market Range: 1 – 231
- New Listings: 12
- Total Listings: 105
Sales by Property Type
Condo
Avg/Median Price$664,373 / $599,000Range$389,000 – $1,395,000Price per Sq Ft$746 / $714Sq Ft888 / 806DOM33 / 21New4Total30
Land
Avg/Median Price$2,097,500 / $695,000Range$695,000 – $3,500,000Price per Sq Ft—Sq Ft—DOM178 / 148New0Total2
Multi-Family
Avg/Median Price$1,999,696 / $1,800,000Range$1,050,000 – $4,195,000Price per Sq Ft$770 / $713Sq Ft2,977 / 2,200DOM63 / 38New1Total28
Single Family
Avg/Median Price$1,726,517 / $1,600,000Range$719,000 – $4,995,000Price per Sq Ft$993 / $943Sq Ft1,868 / 1,826DOM36 / 20New7Total44
Townhouse
Avg/Median Price$1,195,000 / $1,195,000Range$1,195,000 – $1,195,000Price per Sq Ft$651 / $651Sq Ft1,836 / 1,836DOM13 / 13New0Total1
Sales by Bedroom Count
Studio
Avg:$2,819,600Median:$3,495,000Range:$1,225,000 – $4,195,000PSF:$874 / $715Sq Ft:4,196 / 4,891DOM:73 / 63New:0Total:5
1 Beds
Avg:$793,500Median:$415,000Range:$389,000 – $2,600,000PSF:$686 / $658Sq Ft:1,153 / 640DOM:66 / 39New:0Total:6
2 Beds
Avg:$836,811Median:$649,500Range:$485,000 – $2,049,000PSF:$919 / $811Sq Ft:922 / 820DOM:36 / 19New:5Total:36
3 Beds
Avg:$1,599,160Median:$1,599,950Range:$689,000 – $2,850,000PSF:$881 / $917Sq Ft:1,874 / 1,815DOM:42 / 28New:4Total:31
4 Beds
Avg:$1,573,500Median:$1,600,000Range:$1,195,000 – $1,999,500PSF:$839 / $902Sq Ft:1,952 / 1,858DOM:48 / 49New:2Total:7
5 Beds
Avg:$2,812,488Median:$2,495,000Range:$1,650,000 – $4,995,000PSF:$874 / $822Sq Ft:3,259 / 2,730DOM:30 / 21New:1Total:8
6 Beds
Avg:$1,888,779Median:$1,899,895Range:$1,699,000 – $2,095,000PSF:$714 / $709Sq Ft:2,692 / 2,750DOM:51 / 27New:0Total:5
7 Beds
Avg:$1,775,000Median:$1,775,000Range:$1,775,000 – $1,775,000PSF:$549 / $549Sq Ft:3,234 / 3,234DOM:15 / 15New:0Total:1
8 Beds
Avg:$2,448,250Median:$2,200,000Range:$1,995,000 – $3,148,000PSF:$579 / $510Sq Ft:4,536 / 3,224DOM:29 / 23New:0Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $2,819,600 | $3,495,000 | $1,225,000 – $4,195,000 | $874 / $715 | 4,196 / 4,891 | 73 / 63 | 0 | 5 |
| 1 Beds | $793,500 | $415,000 | $389,000 – $2,600,000 | $686 / $658 | 1,153 / 640 | 66 / 39 | 0 | 6 |
| 2 Beds | $836,811 | $649,500 | $485,000 – $2,049,000 | $919 / $811 | 922 / 820 | 36 / 19 | 5 | 36 |
| 3 Beds | $1,599,160 | $1,599,950 | $689,000 – $2,850,000 | $881 / $917 | 1,874 / 1,815 | 42 / 28 | 4 | 31 |
| 4 Beds | $1,573,500 | $1,600,000 | $1,195,000 – $1,999,500 | $839 / $902 | 1,952 / 1,858 | 48 / 49 | 2 | 7 |
| 5 Beds | $2,812,488 | $2,495,000 | $1,650,000 – $4,995,000 | $874 / $822 | 3,259 / 2,730 | 30 / 21 | 1 | 8 |
| 6 Beds | $1,888,779 | $1,899,895 | $1,699,000 – $2,095,000 | $714 / $709 | 2,692 / 2,750 | 51 / 27 | 0 | 5 |
| 7 Beds | $1,775,000 | $1,775,000 | $1,775,000 – $1,775,000 | $549 / $549 | 3,234 / 3,234 | 15 / 15 | 0 | 1 |
| 8 Beds | $2,448,250 | $2,200,000 | $1,995,000 – $3,148,000 | $579 / $510 | 4,536 / 3,224 | 29 / 23 | 0 | 4 |
Rental Market Overview
Median Rent
$2,295
0.0%
Median DOM
10
−37.5%
New Listings
77
Inventory
304
+3.4%
- Average Rent: $2,671
- Median Rent: $2,295
- Rent Range: $800 – $9,850
- Rent per Sq Ft (Avg/Median): $4 / $4
- Square Footage (Avg/Median): 743 / 700
- Square Footage Range: 300 – 2,440
- Days on Market (Avg/Median): 44 / 10
- Days on Market Range: 1 – 330
- New Listings: 77
- Total Listings: 304
Rentals by Property Type
Apartment
$2,200
Median DOM: 26
Inventory: 208
MoM: 0.0%
Condo
$2,550
Median DOM: 1
Inventory: 36
MoM: 0.0%
Single Family
$3,300
Median DOM: 1
Inventory: 54
MoM: 0.0%
Townhouse
$2,395
Median DOM: 1
Inventory: 6
MoM: 0.0%
Apartment
Avg/Median Rent$2,428 / $2,200Range$1,250 – $8,866Rent per Sq Ft$4 / $4Sq Ft672 / 650DOM59 / 26New40Total208
Condo
Avg/Median Rent$2,608 / $2,550Range$1,825 – $5,324Rent per Sq Ft$4 / $3Sq Ft750 / 775DOM12 / 1New16Total36
Single Family
Avg/Median Rent$3,645 / $3,300Range$800 – $9,850Rent per Sq Ft$4 / $4Sq Ft955 / 843DOM15 / 1New18Total54
Townhouse
Avg/Median Rent$2,710 / $2,395Range$1,975 – $4,095Rent per Sq Ft$4 / $4Sq Ft713 / 570DOM6 / 1New3Total6
Rentals by Bedroom Count
Studio
Avg:$1,837Median:$1,800Range:$1,250 – $2,507PSF:$5 / $5Sq Ft:413 / 400DOM:47 / 21New:3Total:26
1 Beds
Avg:$2,141Median:$2,075Range:$800 – $5,010PSF:$4 / $4Sq Ft:570 / 576DOM:48 / 10New:33Total:124
2 Beds
Avg:$2,986Median:$2,695Range:$1,950 – $8,866PSF:$4 / $3Sq Ft:835 / 800DOM:40 / 9New:37Total:136
3 Beds
Avg:$5,062Median:$4,500Range:$3,300 – $9,850PSF:$4 / $3Sq Ft:1,364 / 1,200DOM:50 / 2New:4Total:16
4 Beds
Avg:$5,848Median:$4,995Range:$4,995 – $6,700PSF:$3 / $3Sq Ft:2,050 / 1,900DOM:1 / 1New:0Total:2
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,837 | $1,800 | $1,250 – $2,507 | $5 / $5 | 413 / 400 | 47 / 21 | 3 | 26 |
| 1 Beds | $2,141 | $2,075 | $800 – $5,010 | $4 / $4 | 570 / 576 | 48 / 10 | 33 | 124 |
| 2 Beds | $2,986 | $2,695 | $1,950 – $8,866 | $4 / $3 | 835 / 800 | 40 / 9 | 37 | 136 |
| 3 Beds | $5,062 | $4,500 | $3,300 – $9,850 | $4 / $3 | 1,364 / 1,200 | 50 / 2 | 4 | 16 |
| 4 Beds | $5,848 | $4,995 | $4,995 – $6,700 | $3 / $3 | 2,050 / 1,900 | 1 / 1 | 0 | 2 |
6-Month Sales Trend
Oct 2025
Median Price:$1,299,000Median DOM:41New:29Total:135
Nov 2025
Median Price:$1,285,000Median DOM:40New:25Total:124
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:$1,299,000Median DOM:28New:12Total:105
6-Month Rental Trend
Oct 2025
Median Rent:$2,350Median DOM:14New:111Total:300
Nov 2025
Median Rent:$2,295Median DOM:18New:113Total:291
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:10New:77Total:304
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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