The housing market in 92116 San Diego, CA is thriving and on the rise. The median value of a house in this neighborhood is $871,800, which is significantly higher than the US national median value of $338,100. Even more impressive is the one year house appreciation rate in this area, which stands at 13.76%, compared to the 8.27% nationwide appreciation rate. It's no wonder that so many people are moving to San Diego - 92116 specifically - for its booming housing market.
The median home cost in San Diego (zip 92116) is $871,800. Home appreciation the last 10 years has been 132.1%. Home Appreciation in San Diego (zip 92116) is up 18.3%.
Average Age of Homes
- The median age of San Diego (zip 92116) real estate is 55 years old
The Rental Market in San Diego (zip 92116)
- Renters make up 64.0% of the San Diego (zip 92116) population
- 4.7% of houses and apartments in San Diego (zip 92116), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.