92116 — San Diego County, California Market Snapshot
Housing market data for zip code 92116 in San Diego County, California. Updated monthly with median prices, days on market, and more.
Market Sales Data
39 sales in 2026 (year to date)
Median Sale Price
$1,390,000
Days to Sell
13
Homes Sold
39
Inventory
23
Sale-to-List
100.6%
New Listings
54
Price/SqFt
$1,034
Pending Sales
44
Jumbo Loan Likely Needed
The median home in 92116 at $1,390,000 exceeds the 2026 conforming loan limit of $1,104,000 by $286,000. 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
92116 is an extremely competitive market with homes selling in just 13 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 92116 (100.6% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 92116 at $1,390,000 exceeds the 2026 conforming loan limit of $1,104,000 by $286,000. 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 92116 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 92116
To purchase the median home at $1,390,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $10,800.
Monthly Payment
$10,800
Income Required
$462,846
Principal & Interest
$8,565/mo
Down Payment (5%)
$69,500
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 92116.
Estimated Monthly Payment
$8,752
Jumbo loan required. Loan amount exceeds the $1,104,000 conforming limit for 92116.
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