4-week rolling average · Data through March 12, 2026 · ZIP 92103
The 92103 zip code in San Diego is running hot, with a median sale price of $1,695,000 significantly outpacing the median list price of $1,250,000, signaling strong buyer competition and frequent above-ask closings. At $992.22 per square foot and a median days on market of just 25, this market rewards sellers and challenges buyers who hesitate. With 200 active listings and a market temperature score of 78 out of 100, inventory remains tight relative to demand.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $500K | $2K/mo |
| 2BR | $800K | $3K/mo |
| 3BR | $1.59M | $6K/mo |
| 4BR | $1.80M | $7K/mo |
| 5BR | $2.30M | — |
| 6BR | $2.10M | — |
| 7BR | $1.99M | — |
| 8BR | $2.19M | — |
Sellers in 92103 are in a strong position, as homes are closing at a median of $1,695,000 against a median list price of $1,250,000, reflecting robust buyer demand. With just 25 median days on market, well-priced homes are moving quickly and attracting competitive offers.
Buyers should be prepared for a competitive environment where final sale prices are running well above list prices, with the median sale price at $1,695,000 compared to a median list of $1,250,000. Acting decisively matters here, as the median days on market is only 25 and active inventory stands at just 200 homes.
Investors should note a significant gap between the median sale price of $1,695,000 and the median rent of $2,545 per month, which points to compressed cap rates and a longer path to cash flow positive returns in this zip code. However, with 498 rental units in inventory and rents reaching $5,750 for three-bedroom homes, there may be selective opportunities in larger unit configurations for stronger rental yield.
The current 30-year mortgage rate of 6.00% and 15-year rate of 5.43% add meaningful carrying costs on a median-priced home of $1,695,000, so buyers should factor monthly payment sensitivity into their budget planning. Locking in a rate sooner rather than later may be a smart move given ongoing market competition in this zip code.
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Market intelligence by FarmPosts