Market Intelligence · CA / San Diego

San Diego, CA 92123 Housing Market

Typical home value in San Diego's 92123 ZIP is $967,341, down 0.2% over the past year. The median list price stands at $954,900, with homes spending a median of 37 days on market.

Updated August 2026Median value$955K

The median home value in San Diego, CA 92123 is $955K as of August 2026, up 0.5% 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 92123 range

$879K to $1.03M

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

+0.5% over 12 months

Typical home value in 92123 over the last 12 months: $950K in Aug 2025 to $955K in Aug 2026 (+0.5%).

Aug 2025$950K

Aug 2026$955K

The numbers

What is the 92123 housing market like?

Typical home value

$955K

Up0.5%YoY

Median list price

$955K

Up1.9%MoM

Days on market

37

Up23.3%MoM

Homes for sale

38

Up5.6%MoM

Price cuts

17.9%

Up39.3%MoM

New listings

16

Down27.3%MoM

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

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The comparison

How do 92123 home prices compare?

  • 92123$955,187
  • 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 currently 38 homes for sale in this area, with 16 new listings as of August 2026. About 17.9% of active listings have seen a price cut, suggesting some sellers are adjusting to market conditions. Days on market at 37 indicates homes are taking more than a month to move. For sellers, the modest price decline and uptick in discounted listings suggest this is a balanced market where pricing strategy matters.

Monthly payment

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20% · $191,037

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