Market Intelligence · CA / San Diego

San Diego, CA 92121 Housing Market

The typical home value in 92121 is $1,093,166, down 2.7% over the past year. Homes on the market are priced at a median of $819,000 and spend a median of 31 days listed before sale.

Updated August 2026Median value$1093K

The median home value in San Diego, CA 92121 is $1.09M as of August 2026, down 2.7% 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 92121 range

$1.01M to $1.18M

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

-2.7% over 12 months

Typical home value in 92121 over the last 12 months: $1.12M in Jul 2025 to $1.09M in Jul 2026 (-2.7%).

Jul 2025$1.12M

Jul 2026$1.09M

The numbers

What is the 92121 housing market like?

Typical home value

$1.09M

Down2.7%YoY

Median list price

$819K

Down0.1%MoM

Days on market

31

Down36.7%MoM

Homes for sale

13

Up85.7%MoM

Price cuts

23.5%

Up76.5%MoM

New listings

4

Up100.0%MoM

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

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The comparison

How do 92121 home prices compare?

  • 92121$1,093,166
  • San Diego$998,226
  • California$702,086
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (San Diego: 30 ZIPs; California: 1,543 ZIPs; United States: 26,266 ZIPs).

Context

The San Diego 92121 ZIP shows a modest inventory with 13 homes for sale and 4 new listings as of August 2026. The median list price stands at $819,000, while typical home values have declined 2.7% annually. Homes spend 31 days on market, a moderate timeframe. About 23.5% of listings have seen a price cut. For sellers, this combination of softening values and price adjustments suggests a careful approach to pricing will matter.

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