Market Snapshot
- Median listing price
- $2.59M
- Median rent
- $4,175/mo
- Days on market
- 267 days
- Gross rental yield
- 1.93%
- STR vs LTR
- $5,645/mo STR · $4,175/mo LTR
The median listing price in Encinitas, CA ZIP 92024 is $2,589,499.5 as of July 2026.
The median market rent in Encinitas, CA ZIP 92024 is $4,175/month as of July 2026.
The median days on market in Encinitas, CA ZIP 92024 is 267 days as of July 2026. The market is currently neutral.
At a median list price of $2,589,499.5 and a median rent of $4,175/month, the gross rental yield in Encinitas, CA ZIP 92024 is 1.93% as of July 2026.
In Encinitas, CA ZIP 92024, median Airbnb revenue is $5,645/month compared to median long-term rent of $4,175/month as of July 2026.
Encinitas, CA 92024 Real Estate Market Report
ZIP Code: 92024
Report Date: July 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current market rates for 30-year fixed loans in Encinitas CA are approximately 6.54%, reflecting a stable environment for property owners in this market compared to the 6.09% lows observed earlier in 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The neighborhood's primary market indicator, median sold price, is 2,522,500, which anchors recent transaction-level market value and should be the focus for pricing decisions (representative recent sale).
- Current pricing context shows a gap between median listing price (2,589,500) and median sold price (2,522,500), which may indicate pricing friction that can create limited negotiation windows for buyers when paired with slower transaction velocity.
- Market liquidity appears muted: median days on market is 267, consistent with a slower sales velocity that suggests sellers may need to be more flexible on terms or pricing to accelerate closings.
- Rental and financing context is mixed—median market rent is 4,175 with rent year-over-year trend up, while interest rate pressure is described as elevated and current market loan rates are approximately 6.54%, which together support continued rental demand and may constrain some purchase affordability.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold above market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.49% rate, 0.5% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 7/10/2026
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