La Mesa, CA—91941
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in La Mesa, CA
Home Price Trends — La Mesa, CA
As of Oct '25, the median home price in La Mesa, CA is $995,000, with a year-over-year change of -2.5%. This indicates that home prices in La Mesa, CA are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $995,000 | -2.5% |
| Single Family | $1,014,000 | -2.6% |
| Condos | $486,000 | -7.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $487,000 | 0.8% |
2 Bed | $725,000 | -1.6% |
3 Bed | $950,000 | -2.5% |
4 Bed | $1,140,000 | -2.6% |
| 5 Bed | $1,399,000 | -2.2% |
% of Housing Stock
Rental Trends — La Mesa, CA
As of July '25, Rentcast reports the average rent in La Mesa, CA is $2,910, with a year-over-year rent change of 1.0%. Per bedroom, the median rent as of July '25 in La Mesa, CA is studios: $1,720, 1-bedrooms: $2,010, 2-bedrooms: $2,450, 3-bedrooms: $3,740, 4-bedrooms: $5,510. The most common rental property sizes in La Mesa, CA are 2-bedroom and 1-bedroom, accounting for 42.3% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,450 | $2,910 |
| Studio Rent | $1,700 | $1,720 |
| 1 Bed Rent | $2,000 | $2,010 |
| 2 Bed Rent | $2,400 | $2,450 |
| 3 Bed Rent | $3,800 | $3,740 |
| 4 Bed Rent | $5,000 | $5,510 |
% of Rental Stock
Property Listings — La Mesa, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in La Mesa, CA is 37. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,260,000 | 10.0% |
Listing Count | 86 | 4.0% |
| Listings as % of Homes | 0.4% | 4.0% |
Days on Market | 37 | 2.0% |
Demographics — La Mesa, CA
As of the latest ACS Survey released in 2023, La Mesa, CA has a population of 33,700, which has increased by 4.1% over the past 5 years. La Mesa, CA is a moderately popular place for families, as children make up 19.9% of the population. The area has a highly educated workforce, with 45.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,700 | 4.1% |
% Under 18 | 19.9% | -7.9% |
% Seniors | 19.1% | 13.7% |
% WFH | 14.9% | 166.1% |
% w/ College Degree | 45.9% | 12.8% |
As of the latest ACS Survey released in 2023, La Mesa, CA is a predominantly white area, with 55.6% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in La Mesa, CA is hispanic, making up 26.1% of the population. Foreign-born residents account for 11.3% of the population in La Mesa, CA, and this percentage has decreased by 18.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 55.6% | -5.6% |
% Black | 7.1% | -13.4% |
% Hispanic | 26.1% | 10.1% |
% Asian | 5.2% | 13.0% |
% Foreign Born | 11.3% | -18.7% |
Mortgage and Risk — La Mesa, CA
According to HUD data as of 2023, there were 442 mortgage originations in La Mesa, CA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in La Mesa, CA. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 442 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — La Mesa, CA
As of 2024, the percent of homes in La Mesa, CA under the Section 8 program is 4.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in La Mesa, CA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 182 |
Total Units Section 8 | 182 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $80 | $2,000 | $2,080 |
| 2 Bedroom | $170 | $2,400 | $2,570 |
| 3 Bedroom | -$360 | $3,800 | $3,440 |
| 4 Bedroom | -$820 | $5,000 | $4,180 |
Affordability — La Mesa, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8 |
| Median Home Price | $995,000 |
| Median Household Income | $112,000 |