92118 — San Diego County, California Market Snapshot
Housing market data for zip code 92118 in San Diego County, California. Updated monthly with median prices, days on market, and more.
Market Sales Data
65 sales in 2026 (year to date)
Median Sale Price
$2,975,000
Days to Sell
32
Homes Sold
65
Inventory
111
Sale-to-List
97.3%
New Listings
125
Price/SqFt
$1,448
Pending Sales
77
Jumbo Loan Likely Needed
The median home in 92118 at $2,975,000 exceeds the 2026 conforming loan limit of $1,104,000 by $1,871,000. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
92118's market is balanced with homes taking an average of 32 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 92118 sells for 2.7% below asking price (97.3% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 92118 at $2,975,000 exceeds the 2026 conforming loan limit of $1,104,000 by $1,871,000. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 92118 are set at the county level.
2026 Loan Limits — San Diego County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,104,000 | $1,104,000 |
| 2 Units | $1,413,350 | $1,413,350 |
| 3 Units | $1,708,400 | $1,708,400 |
| 4 Units | $2,123,100 | $2,123,100 |
Affordability Snapshot — Zip 92118
To purchase the median home at $2,975,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $22,944.
Monthly Payment
$22,944
Income Required
$983,293
Principal & Interest
$18,331/mo
Down Payment (5%)
$148,750
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 92118.
Estimated Monthly Payment
$18,562
Jumbo loan required. Loan amount exceeds the $1,104,000 conforming limit for 92118.
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