Market Intelligence · CA / San Diego

San Diego, CA 92128 Housing Market

The typical home value in San Diego's 92128 ZIP is $998,822, down 3.3% over the past year. The median list price stands at $883,750, with homes spending a median of 37 days on market.

Updated August 2026Median value$999K

The median home value in San Diego, CA 92128 is $999K as of August 2026, down 3.3% 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 92128 range

$919K to $1.08M

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

-3.3% over 12 months

Typical home value in 92128 over the last 12 months: $1.03M in Jul 2025 to $999K in Jul 2026 (-3.3%).

Jul 2025$1.03M

Jul 2026$999K

The numbers

What is the 92128 housing market like?

Typical home value

$999K

Down3.3%YoY

Median list price

$809K

Down8.5%MoM

Days on market

42

Up13.5%MoM

Homes for sale

162

Up3.8%MoM

Price cuts

25.9%

Up30.9%MoM

New listings

68

Down12.8%MoM

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

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The comparison

How do 92128 home prices compare?

  • 92128$998,822
  • 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 market shows mixed signals for sellers. There are 156 homes for sale as of early July 2026, with 78 new listings entering the market recently. The median days on market of 37 suggests steady buyer interest, but nearly one in five listings (19.8%) have taken price cuts. Combined with the year-over-year decline in typical home values, this indicates a market where sellers may need realistic pricing to move their homes.

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