La Mesa, CA—91942
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 $794,000, with a year-over-year change of -2.6%. This indicates that home prices in La Mesa, CA are decreasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $794,000 | -2.6% |
| Single Family | $847,000 | -2.8% |
| Condos | $521,000 | -6.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $397,000 | -7.2% |
2 Bed | $598,000 | -3.9% |
3 Bed | $833,000 | -2.8% |
4 Bed | $932,000 | -2.7% |
| 5 Bed | $1,037,000 | -3.3% |
% of Housing Stock
Rental Trends — La Mesa, CA
As of July '25, Rentcast reports the average rent in La Mesa, CA is $2,700, with a year-over-year rent change of -3.9%. Per bedroom, the median rent as of July '25 in La Mesa, CA is studios: $1,690, 1-bedrooms: $2,330, 2-bedrooms: $2,870, 3-bedrooms: $3,620, 4-bedrooms: $4,570. The most common rental property sizes in La Mesa, CA are 1-bedroom and 2-bedroom, accounting for 40.5% and 37.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,580 | $2,700 |
| Studio Rent | $1,800 | $1,690 |
| 1 Bed Rent | $2,380 | $2,330 |
| 2 Bed Rent | $2,850 | $2,870 |
| 3 Bed Rent | $3,600 | $3,620 |
| 4 Bed Rent | $4,650 | $4,570 |
% 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 49. This is a increase of 36.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $672,000 | -21.0% |
Listing Count | 75 | 24.0% |
| Listings as % of Homes | 0.3% | 24.0% |
Days on Market | 49 | 36.0% |
Demographics — La Mesa, CA
As of the latest ACS Survey released in 2023, La Mesa, CA has a population of 40,900, which has increased by 1.8% over the past 5 years. La Mesa, CA is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 38.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 40,900 | 1.8% |
% Under 18 | 20.6% | 6.2% |
% Seniors | 16.0% | 6.0% |
% WFH | 15.0% | 212.5% |
% w/ College Degree | 38.2% | 5.8% |
As of the latest ACS Survey released in 2023, La Mesa, CA is a predominantly white area, with 53.6% of the population identifying as white. The white population has shrunk by 8.7% in the last 5 years. The second most common race or ethnicity in La Mesa, CA is hispanic, making up 27.0% of the population. Foreign-born residents account for 15.3% of the population in La Mesa, CA, and this percentage has increased by 1.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 53.6% | -8.7% |
% Black | 7.3% | 40.4% |
% Hispanic | 27.0% | 8.9% |
% Asian | 7.0% | -2.8% |
% Foreign Born | 15.3% | 1.3% |
Mortgage and Risk — La Mesa, CA
According to HUD data as of 2023, there were 492 mortgage originations in La Mesa, CA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in La Mesa, CA. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 492 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
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 8.2%. 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. 3-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 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 842 |
Total Units Section 8 | 841 |
% Rentals under Section 8 | 8.2% |
% Occupied Section 8 | 86.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$120 | $2,380 | $2,260 |
| 2 Bedroom | -$50 | $2,850 | $2,800 |
| 3 Bedroom | $140 | $3,600 | $3,740 |
| 4 Bedroom | -$90 | $4,650 | $4,560 |
Affordability — La Mesa, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.9 |
| Median Home Price | $794,000 |
| Median Household Income | $81,300 |