San Diego CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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San Diego, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

San Diego Housing Market Information

With a population of 1,419,516, 497,189 total housing units (homes and apartments), and a median house value of $600,536, real estate costs in San Diego are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in San Diego, accounting for 45.14% of the city's housing units. Other types of housing that are prevalent in San Diego include large apartment complexes or high rise apartments ( 36.20%), row houses and other attached homes ( 9.66%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.83%).

People in San Diego primarily live in small (one, two or no bedroom) single-family detached homes. San Diego has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in San Diego built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in San Diego built between 1940-1969 ( 29.49%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.47%). There's also some housing in San Diego built before 1939 ( 6.88%).

San Diego Home Appreciation Rates

In the last 10 years, San Diego has experienced some of the highest home appreciation rates of any community in the nation. San Diego real estate appreciated 65.22% over the last ten years, which is an average annual home appreciation rate of 5.15%, putting San Diego in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, San Diego definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, San Diego appreciation rates have trailed the rest of the nation. In the last twelve months, San Diego's appreciation rate has been 1.54%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in San Diego were at 0.00%, which equates to an annual appreciation rate of -0.01%.

Relative to California, our data show that San Diego's latest annual appreciation rate is lower than 50% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within San Diego differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in San Diego - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best San Diego real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$600,536

San Diego, CA HOME PRICES

Value Range
> $1,261,000 8.8
$946,001 - $1,261,000 10.0
$630,001 - $946,000 25.1
$504,001 - $630,000 17.5
$378,001 - $504,000 18.4
$252,001 - $378,000 11.4
$126,001 - $252,000 5.0
$63,001 - $126,000 1.2
$0 - $63,000 2.5

High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
4.7007299270073 33.5517693315858

Number Of Homes And Apartments:
497,189

San Diego Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2019 Q1 - 2019 Q2
Last 12 Months:
2018 Q2 - 2019 Q2
Last 2 Years:
2017 Q2 - 2019 Q2
Last 5 Years:
2014 Q2 - 2019 Q2
Last 10 Years:
2009 Q2 - 2019 Q2
Since 2000:
2000 Q1 - 2019 Q2
144.25% 4.69%
8
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,305 / per month

Homeownership Rate

Homeownership
Owners 45.58
Renters 54.42
Vacant 6.89

Housing Market Details

 

Age of Homes

AGE OF San Diego HOMES
2000 or Newer 12.5
1970 - 1999 51.2
1940 - 1969 29.5
1939 or Older 6.9

Types of Homes

TYPE OF San Diego HOMES
Single-Family 45.1
Townhomes 9.7
Small Apt. Buildings 7.8
Apt. Complexes 36.2
Mobile Homes 1.1
Other 0.1

Home Size

SIZE OF San Diego HOMES
No Bedroom 4.36
1 Bedroom 18.12
2 Bedrooms 32.36
3 Bedrooms 26.27
4 Bedrooms 14.93
5 or more bedrooms 3.96