Market Intelligence · CA / San Diego

San Diego, CA 92116 Housing Market

The typical home value in 92116 is $993,288, up 1.7% over the past year. The median list price stands at $999,000, with homes spending a median of 27 days on market.

Updated August 2026Median value$983K

The median home value in San Diego, CA 92116 is $983K as of August 2026, up 1.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 92116 range

$905K to $1.06M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.5% over 12 months

Typical home value in 92116 over the last 12 months: $969K in Aug 2025 to $983K in Aug 2026 (+1.5%).

Aug 2025$969K

Aug 2026$983K

The numbers

What is the 92116 housing market like?

Typical home value

$983K

Up1.5%YoY

Median list price

$999K

Down16.0%MoM

Days on market

27

Down30.8%MoM

Homes for sale

49

Up8.9%MoM

Price cuts

18.9%

Down17.4%MoM

New listings

24

Up50.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 92116 home prices compare?

  • 92116$983,344
  • San Diego$983,630
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (San Diego: 30 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

There are 49 homes currently listed in 92116, with 24 new listings as of August 2026. Nearly one in five listings, at 18.9%, have seen a price cut. Homes are moving at a moderate pace with 27 days median time on market. For sellers, the modest appreciation combined with a meaningful share of price reductions suggests the market favors informed pricing and realistic expectations.

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20% · $196,669

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