The story of this market
The typical home in ZIP 92109 sells for about $1,749,119, or $948 per square foot.
Prices are up +20.2% from a year ago, so sellers still have some momentum. Homes take about 30 days to sell. HUD's fair market rent for a two-bedroom is $2,421 a month.
ZIP 92109 — San Diego
The 92109 housing market remains highly competitive with a median sale price of $1.7M, reflecting a 20.2% year-over-year increase. High demand for coastal property continues to drive prices, though the market has seen a slight cooling in the pace of sales compared to previous peaks. Limited inventory and strong rental demand underpin the current valuation levels.
This ZIP is ideal for young professionals, beach-lifestyle enthusiasts, and investors seeking high-demand rental properties, though it remains challenging for families due to high entry prices and limited space.
Median prices moved up 20.2% year over year.
Homes spend a median of 30 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 97.46% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 8.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 92109, San Diego County CA
The area is served by the San Diego Unified School District, with schools generally reflecting the diverse urban character of the Pacific Beach and Mission Beach communities.
The ZIP code is a coastal area with inherent exposure to sea-level rise and coastal flooding risks, typical of the San Diego shoreline.
Development is largely infill-focused due to the built-out nature of the beach communities, with ongoing demand driven by proximity to major San Diego employment hubs and tourism.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Residents typically commute via I-5 or local surface streets toward downtown San Diego and the UTC/La Jolla employment centers, with average commute times around 24 minutes.
The area features extensive beach access, the Mission Bay aquatic park, numerous surf spots, and a dense concentration of dining and retail along Garnet Avenue.
The rental market is highly competitive with strong demand from students and young professionals, characterized by high occupancy rates and significant short-term rental activity.
The local economy is heavily influenced by tourism, hospitality, and proximity to the broader San Diego biotech and defense sectors.
The area is served by major arterial roads like Mission Boulevard and Garnet Avenue, with access to I-5 for regional transit.
Development is primarily focused on residential renovations and small-scale mixed-use projects within the existing urban footprint.
The San Diego County Assessor's office manages property valuations, adhering to state-mandated assessment cycles and Proposition 13 guidelines.
Parcels are subject to San Diego Unified School District taxes and various municipal utility and flood control assessments.
Property insurance premiums in this coastal ZIP are influenced by flood and wind risk profiles, with market availability remaining stable but costly.
Data retrieved from Census Reporter and US Census Bureau ACS tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
The largest aquatic park of its kind in the country, offering extensive water sports and recreation.
A major regional attraction known for surfing, boardwalk activities, and nightlife.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Governs Villa Portofino
Planned unit development covenants requiring architectural review approval prior to exterior alterations, strict common-element parking rules, restrictions on short-term leasing, and pet limitation rules.
Governs La Jolla Colony
Architectural review guidelines governing exterior modifications, restrictions against public nuisances, designated vehicle parking regulations, pet policies, and residential leasing subject to association rules.
Governs Carmel Mountain Ranch
Standard master-planned residential restrictions including mandatory architectural review for modifications, restrictions against commercial business operations visible to the exterior, vehicle parking guidelines, and leasing compliance rules.
90-day research cycle · governing documents remain with their official custodians — the association, its management portal or the county clerk's recording.