GemHausNew report

Market Snapshot

Median listing price
$1.07M

The median listing price in San Diego, CA ZIP 92126 is $1,074,000 as of July 2026.

Median rent
$3,193/mo

The median market rent in San Diego, CA ZIP 92126 is $3,193/month as of July 2026.

Days on market
275 days

The median days on market in San Diego, CA ZIP 92126 is 275 days as of July 2026. The market is currently neutral.

Gross rental yield
3.57%

At a median list price of $1,074,000 and a median rent of $3,193/month, the gross rental yield in San Diego, CA ZIP 92126 is 3.57% as of July 2026.

San Diego, CA 92126 Real Estate Market Report

ZIP Code: 92126

Report Date: July 2026

Market Temperature:
NEUTRAL

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.

Analysis Window
90 Days
Total Properties Analyzed
132
Active Listings
68
Sold Properties
64

Market Metrics

Median Listing Price
$1,074,000
Median Sold Price
$1,037,000
Median Price per Sqft
$682/sqft

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

Median Market Rent
$3,193

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

Property Tax Rate
0.65%

Liquidity & Velocity

Median Days on Market
275
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
flat
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in San Diego 92126 are 6.6% compared to 5.8% for typical loans originated earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary market-value signal is the median sold price: $1,037,000, which anchors recent transaction activity and, combined with a flat price year-over-year trend, suggests price stability at current market levels.
  2. There is a persistent gap between median listing price: $1,074,000 and the median sold price: $1,037,000, which may indicate pricing friction where seller expectations exceed recent transaction prices; this dynamic is occurring alongside a relatively constrained active supply in the analyzed sample and suggests careful pricing is required to achieve predictable sales.
  3. Liquidity appears muted: the median days on market: 275 points to slower sales velocity versus brisk-market norms, which may lengthen time-to-contract for sellers and favor buyers who are patient.
  4. Interest rate environment is a material headwind—interest rate pressure: elevated with local comparison rates at 6.6% versus 5.8% earlier in 2026—while rent fundamentals remain stable with a median market rent: $3,193 and a flat rent year-over-year trend, supporting continued rental demand but also sustaining affordability pressure for buyers.

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

8201 Rose Quartz Cir, San Diego, CA 92126
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds3 baths2,849 sqft
$2,120,000
Jun 1, 2026
$744/sqft
107 days on market
6741 Golden Glen Ln, San Diego, CA 92126
Market Benchmark

Sold at market average

3 beds2 baths2,229 sqft
$1,640,000
Jun 1, 2026
$736/sqft
2897 days on market
7233 Canyon Hill Ct, San Diego, CA 92126
Market Benchmark

Sold at market average

4 beds3 baths2,283 sqft
$1,540,000
May 1, 2026
$675/sqft
93 days on market
11819 Elkins Cv, San Diego, CA 92126
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,230 sqft
$1,099,000
Jun 1, 2026
$893/sqft
1366 days on market
8595 Flanders Dr Fl Anders, San Diego, CA 92126
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2 baths1,320 sqft
$1,090,000
May 1, 2026
$826/sqft
85 days on market
11374 Spica Dr, San Diego, CA 92126
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,436 sqft
$1,088,000
Jun 1, 2026
$758/sqft
81 days on market
8523 Duncannon Ct, San Diego, CA 92126
Value

Sold below market average

4 beds2 baths1,614 sqft
$760,000
Apr 1, 2026
$471/sqft
7756 Embry Ct, San Diego, CA 92126
Value

Sold below market average

3 beds2 baths1,134 sqft
$695,000
Jun 1, 2026
$613/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$2,912/mo
92126 Avg Rent
92126 Cost to Own
Rent$3,193
Own$6,105

20% down, 6.49% rate, 0.7% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

92126 Avg nightly rate
92126 Avg occupancy (days/year)
Nightly rate$199/night
Occupancy237 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 7/10/2026

GemHaus

Get personalized market intelligence

Unlock deeper property intel in San Diego, CA valuations, rent comps, operating costs, and pro-forma breakdowns.

Nearby Market Reports