Market Intelligence · CA / San Diego

San Diego, CA 92128 Housing Market

The typical home value in San Diego, CA 92128 is $983,915, down 2.4% over the past year as of 2026-08-01. The median list price sits at $809,000, and homes spend a median of 42 days on the market before going under contract.

Updated August 2026Median value$984K

The median home value in San Diego, CA 92128 is $984K as of August 2026, down 2.4% 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

$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

-2.4% over 12 months

Typical home value in 92128 over the last 12 months: $1.01M in Aug 2025 to $984K in Aug 2026 (-2.4%).

Aug 2025$1.01M

Aug 2026$984K

The numbers

What is the 92128 housing market like?

Typical home value

$984K

Down2.4%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 (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 92128 home prices compare?

  • 92128$983,915
  • 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

As of 2026-08-01, there are 162 homes for sale in 92128, with 68 new listings entering the market. The median list price is $809,000, and the median days on market is 42, which points to a measured pace rather than a fast one. A notable 25.9% of listings have taken a price cut, and the typical home value of $983,915 is down 2.4% over the past year. Taken together, sellers here are adjusting to softer conditions, and pricing accurately from the start matters more than it did a year ago.

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