ZIP 92040 Housing Market Report
San Diego Metro
Report period: March 2026
92040 Monthly Market Update – March 2026
ZIP 92040 · Last updated Mar 11, 2026 · Data range Oct 2025 – Mar 2026
Executive Snapshot
Median Sale Price
$519,999
0.0%
Median DOM (Sales)
34
−8.1%
New Listings (Sales)
18
−58.1%
Median Rent
$2,203
0.0%
Median DOM (Rental)
23
−23.3%
Total Rental Listings
60
+3.4%
Month-over-Month Movement
Median sale prices were flat. Days on market improved. Rents were stable. Rental inventory expanded.
What's Moving Fastest
- Fastest selling: Single Family (19 DOM)
- Fastest renting: Condo (1 DOM)
- Strongest bedroom: 8 Beds ($1,375,000 median)
Sales Market Overview
Median Price
$519,999
0.0%
Median DOM
34
−8.1%
New Listings
18
−58.1%
Inventory
170
+1.8%
- Average Price: $608,413
- Median Price: $519,999
- Price Range: $100,000 – $2,500,000
- Price per Sq Ft (Avg/Median): $406 / $409
- Square Footage (Avg/Median): 1,522 / 1,385
- Square Footage Range: 568 – 4,581
- Days on Market (Avg/Median): 59 / 34
- Days on Market Range: 1 – 332
- New Listings: 18
- Total Listings: 170
Sales by Property Type
Condo
Avg/Median Price$406,036 / $399,000Range$279,000 – $639,900Price per Sq Ft$478 / $472Sq Ft879 / 840DOM39 / 31New2Total30
Land
Avg/Median Price$713,700 / $395,000Range$100,000 – $2,500,000Price per Sq Ft—Sq Ft—DOM104 / 97New2Total10
Manufactured
Avg/Median Price$299,281 / $275,000Range$130,000 – $625,000Price per Sq Ft$225 / $210Sq Ft1,332 / 1,344DOM78 / 54New5Total54
Multi-Family
Avg/Median Price$1,375,000 / $1,375,000Range$1,375,000 – $1,375,000Price per Sq Ft$477 / $477Sq Ft2,880 / 2,880DOM31 / 31New0Total1
Single Family
Avg/Median Price$903,486 / $819,900Range$399,000 – $2,374,900Price per Sq Ft$502 / $489Sq Ft1,919 / 1,806DOM47 / 19New9Total72
Townhouse
Avg/Median Price$508,300 / $460,000Range$439,900 – $624,999Price per Sq Ft$432 / $430Sq Ft1,182 / 1,024DOM68 / 70New0Total3
Sales by Bedroom Count
1 Beds
Avg:$324,250Median:$309,000Range:$279,000 – $385,000PSF:$535 / $529Sq Ft:609 / 570DOM:42 / 20New:1Total:8
2 Beds
Avg:$354,314Median:$389,900Range:$130,000 – $679,000PSF:$357 / $399Sq Ft:1,077 / 987DOM:75 / 50New:4Total:44
3 Beds
Avg:$594,656Median:$665,900Range:$150,000 – $1,439,500PSF:$422 / $409Sq Ft:1,440 / 1,368DOM:49 / 27New:6Total:69
4 Beds
Avg:$815,268Median:$799,900Range:$299,900 – $1,392,500PSF:$404 / $405Sq Ft:2,030 / 1,991DOM:47 / 27New:3Total:25
5 Beds
Avg:$1,164,783Median:$1,077,900Range:$372,000 – $2,374,900PSF:$409 / $391Sq Ft:2,767 / 2,756DOM:42 / 23New:2Total:12
6 Beds
Avg:$1,344,000Median:$1,344,000Range:$1,344,000 – $1,344,000PSF:$302 / $302Sq Ft:4,455 / 4,455DOM:210 / 210New:0Total:1
8 Beds
Avg:$1,375,000Median:$1,375,000Range:$1,375,000 – $1,375,000PSF:$477 / $477Sq Ft:2,880 / 2,880DOM:31 / 31New:0Total:1
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| 1 Beds | $324,250 | $309,000 | $279,000 – $385,000 | $535 / $529 | 609 / 570 | 42 / 20 | 1 | 8 |
| 2 Beds | $354,314 | $389,900 | $130,000 – $679,000 | $357 / $399 | 1,077 / 987 | 75 / 50 | 4 | 44 |
| 3 Beds | $594,656 | $665,900 | $150,000 – $1,439,500 | $422 / $409 | 1,440 / 1,368 | 49 / 27 | 6 | 69 |
| 4 Beds | $815,268 | $799,900 | $299,900 – $1,392,500 | $404 / $405 | 2,030 / 1,991 | 47 / 27 | 3 | 25 |
| 5 Beds | $1,164,783 | $1,077,900 | $372,000 – $2,374,900 | $409 / $391 | 2,767 / 2,756 | 42 / 23 | 2 | 12 |
| 6 Beds | $1,344,000 | $1,344,000 | $1,344,000 – $1,344,000 | $302 / $302 | 4,455 / 4,455 | 210 / 210 | 0 | 1 |
| 8 Beds | $1,375,000 | $1,375,000 | $1,375,000 – $1,375,000 | $477 / $477 | 2,880 / 2,880 | 31 / 31 | 0 | 1 |
Rental Market Overview
Median Rent
$2,203
0.0%
Median DOM
23
−23.3%
New Listings
9
Inventory
60
+3.4%
- Average Rent: $2,587
- Median Rent: $2,203
- Rent Range: $1,250 – $8,500
- Rent per Sq Ft (Avg/Median): $3 / $3
- Square Footage (Avg/Median): 1,046 / 850
- Square Footage Range: 256 – 3,586
- Days on Market (Avg/Median): 65 / 23
- Days on Market Range: 1 – 358
- New Listings: 9
- Total Listings: 60
Rentals by Property Type
Apartment
$2,105
Median DOM: 41
Inventory: 35
MoM: 0.0%
Condo
$1,995
Median DOM: 1
Inventory: 6
MoM: 0.0%
Single Family
$3,650
Median DOM: 12
Inventory: 19
MoM: 0.0%
Townhouse
—
Median DOM: —
Inventory: —
MoM: 0.0%
Apartment
Avg/Median Rent$2,093 / $2,105Range$1,500 – $2,925Rent per Sq Ft$3 / $3Sq Ft777 / 800DOM84 / 41New4Total35
Condo
Avg/Median Rent$2,232 / $1,995Range$1,695 – $3,300Rent per Sq Ft$3 / $3Sq Ft861 / 780DOM8 / 1New1Total6
Single Family
Avg/Median Rent$3,610 / $3,650Range$1,250 – $8,500Rent per Sq Ft$3 / $3Sq Ft1,515 / 1,500DOM54 / 12New4Total19
Rentals by Bedroom Count
Studio
Avg:$1,575Median:$1,575Range:$1,575 – $1,575PSF:$3 / $3Sq Ft:500 / 500DOM:14 / 14New:0Total:1
1 Beds
Avg:$1,741Median:$1,695Range:$1,250 – $2,500PSF:$3 / $3Sq Ft:576 / 570DOM:55 / 14New:3Total:15
2 Beds
Avg:$2,301Median:$2,203Range:$1,700 – $3,200PSF:$3 / $3Sq Ft:905 / 860DOM:85 / 40New:3Total:30
3 Beds
Avg:$3,658Median:$3,695Range:$2,600 – $4,250PSF:$2 / $2Sq Ft:1,555 / 1,500DOM:10 / 1New:2Total:10
4 Beds
Avg:$5,481Median:$5,000Range:$2,925 – $8,500PSF:$2 / $2Sq Ft:2,947 / 3,329DOM:122 / 37New:1Total:4
| Beds | Avg | Median | Range | Avg/Med PSF | Avg/Med Sq Ft | Avg/Med DOM | New | Total |
|---|---|---|---|---|---|---|---|---|
| Studio | $1,575 | $1,575 | $1,575 – $1,575 | $3 / $3 | 500 / 500 | 14 / 14 | 0 | 1 |
| 1 Beds | $1,741 | $1,695 | $1,250 – $2,500 | $3 / $3 | 576 / 570 | 55 / 14 | 3 | 15 |
| 2 Beds | $2,301 | $2,203 | $1,700 – $3,200 | $3 / $3 | 905 / 860 | 85 / 40 | 3 | 30 |
| 3 Beds | $3,658 | $3,695 | $2,600 – $4,250 | $2 / $2 | 1,555 / 1,500 | 10 / 1 | 2 | 10 |
| 4 Beds | $5,481 | $5,000 | $2,925 – $8,500 | $2 / $2 | 2,947 / 3,329 | 122 / 37 | 1 | 4 |
6-Month Sales Trend
Oct 2025
Median Price:$699,999Median DOM:46New:41Total:199
Nov 2025
Median Price:$669,900Median DOM:47New:34Total:181
Dec 2025
Median Price:$599,000Median DOM:56New:19Total:147
Jan 2026
Median Price:$475,000Median DOM:44New:49Total:150
Feb 2026
Median Price:$519,999Median DOM:37New:43Total:167
Mar 2026
Median Price:$519,999Median DOM:34New:18Total:170
6-Month Rental Trend
Oct 2025
Median Rent:$2,300Median DOM:9New:33Total:75
Nov 2025
Median Rent:$2,300Median DOM:26New:20Total:66
Dec 2025
Median Rent:$2,300Median DOM:38New:20Total:60
Jan 2026
Median Rent:$2,250Median DOM:19New:19Total:61
Feb 2026
Median Rent:$2,203Median DOM:30New:10Total:58
Mar 2026
Median Rent:$2,203Median DOM:23New:9Total:60
Key Market Takeaways
Median sale prices held steady this month while inventory expanded. Days on market declined, signaling improving buyer activity. Rental pricing remained stable, while total rental inventory increased.
Market data is only valuable if you act on it. With pricing stabilizing and days on market shifting, this is the type of environment where disciplined investors find their edge.
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