Home Values in San Diego, California — 2026 Market Report
Updated March 2026 | Seller's Market | +4.7% YoY
The median home value in San Diego, California is $875,000 as of March 2026, which is above the national median of $400,000. Home values in San Diego have increased by 4.7% over the past year and 25.8% over the last five years. With a population of 1,423,851 and a median household income of $79,673, the price-to-income ratio stands at 11.0x, making San Diego affordable for the average household.
San Diego Housing Market Conditions
| Metric | San Diego | National Avg |
|---|---|---|
| Median Home Value | $875,000 | $400,000 |
| YoY Appreciation | +4.7% | +3.8% |
| 5-Year Appreciation | +25.8% | +22.4% |
| Price per Sq Ft | $607 | $222 |
| Days on Market | 36 days | 45 days |
| Months of Supply | 2.3 | 3.5 |
| List-to-Sale Ratio | 100.8% | 98.5% |
| Monthly Homes Sold | 572 | — |
| Foreclosure Rate | 0.24% | 0.3% |
Home Value Trends in San Diego
A homeowner who purchased at the median price of $695,548 five years ago in San Diego would have gained approximately $179,452 in equity, representing a 25.8% return on investment. Over the past year alone, the typical homeowner gained $39,279 in home equity.
Affordability in San Diego, CA
With a median household income of $79,673 and a median home price of $875,000, the price-to-income ratio in San Diego is 11.0x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $6,789 compared to estimated monthly ownership costs of $4,711 gives a rent-vs-buy ratio of 0.69. In San Diego, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in San Diego
The effective property tax rate in California is 0.76%. On a home valued at $875,000, the estimated annual property tax bill is $6,650, or approximately $554/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in San Diego is 160.1 (100 = national average), indicating living costs are above the national average.
Calculate Your Mortgage Payment in San Diego
Use our free calculator to estimate monthly payments for a $875,000 home
Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in San Diego, CA?
The median home value in San Diego, California is $875,000 as of March 2026. Home values have changed +4.7% over the past year, with a 5-year appreciation of 25.8%.
Is San Diego a buyer's or seller's market?
San Diego is currently a seller's market with 2.3 months of housing supply. Homes spend an average of 36 days on market, and the list-to-sale price ratio is 100.8%. Low inventory gives sellers an advantage.
Are home values going up in San Diego?
Yes, home values in San Diego have increased by 4.7% over the past year. The 5-year appreciation rate is 25.8%, meaning a home worth $695,548 five years ago is now worth $875,000.
Is it better to rent or buy in San Diego?
The average monthly rent in San Diego is $6,789, while estimated monthly homeownership costs are approximately $4,711. The price-to-rent ratio is 10.7. Based on current conditions, buying may be more cost-effective than renting in this market.
Home Values in Other California Cities
Related Resources
Disclaimer: Home value data for San Diego, California is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.