Encinitas, CA—92024
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Encinitas, CA
Home Price Trends — Encinitas, CA
As of Oct '25, the median home price in Encinitas, CA is $1,804,000, with a year-over-year change of -0.3%. This indicates that home prices in Encinitas, CA are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,804,000 | -0.3% |
| Single Family | $1,934,000 | -0.6% |
| Condos | $889,000 | -2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $846,000 | 0.5% |
2 Bed | $1,110,000 | -0.5% |
3 Bed | $1,652,000 | -0.5% |
4 Bed | $2,045,000 | -0.4% |
| 5 Bed | $3,017,000 | -1.9% |
% of Housing Stock
Rental Trends — Encinitas, CA
As of July '25, Rentcast reports the average rent in Encinitas, CA is $4,350, with a year-over-year rent change of -7.4%. Per bedroom, the median rent as of July '25 in Encinitas, CA is studios: $2,160, 1-bedrooms: $2,940, 2-bedrooms: $4,240, 3-bedrooms: $6,380, 4-bedrooms: $6,650. The most common rental property sizes in Encinitas, CA are 2-bedroom and 1-bedroom, accounting for 44.5% and 24.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,750 | $4,350 |
| Studio Rent | $2,180 | $2,160 |
| 1 Bed Rent | $2,800 | $2,940 |
| 2 Bed Rent | $3,850 | $4,240 |
| 3 Bed Rent | $6,500 | $6,380 |
| 4 Bed Rent | $6,000 | $6,650 |
% of Rental Stock
Property Listings — Encinitas, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Encinitas, CA is 53. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,240,000 | -20.0% |
Listing Count | 145 | 44.0% |
| Listings as % of Homes | 0.3% | 44.0% |
Days on Market | 53 | -1.0% |
Demographics — Encinitas, CA
As of the latest ACS Survey released in 2023, Encinitas, CA has a population of 50,000, which has decreased by -2.8% over the past 5 years. Encinitas, CA is a moderately popular place for families, as children make up 19.4% of the population. The area has a highly educated workforce, with 66.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 50,000 | -2.8% |
% Under 18 | 19.4% | -7.2% |
% Seniors | 21.2% | 22.5% |
% WFH | 29.6% | 87.3% |
% w/ College Degree | 66.8% | 10.6% |
As of the latest ACS Survey released in 2023, Encinitas, CA is a predominantly white area, with 74.8% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Encinitas, CA is hispanic, making up 14.4% of the population. Foreign-born residents account for 12.0% of the population in Encinitas, CA, and this percentage has decreased by 10.4% 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 | 74.8% | -4.3% |
% Black | 0.7% | -22.2% |
% Hispanic | 14.4% | 4.3% |
% Asian | 4.7% | 14.6% |
% Foreign Born | 12.0% | -10.4% |
Mortgage and Risk — Encinitas, CA
According to HUD data as of 2023, there were 586 mortgage originations in Encinitas, CA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 38.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Encinitas, CA. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 586 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 1.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Encinitas, CA
As of 2024, the percent of homes in Encinitas, CA under the Section 8 program is 2.4%. 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 units appear to be good home sizes to consider for Section 8 housing in Encinitas, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 197 |
Total Units Section 8 | 153 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | 78.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $40 | $2,800 | $2,840 |
| 2 Bedroom | -$330 | $3,850 | $3,520 |
| 3 Bedroom | -$1,790 | $6,500 | $4,710 |
| 4 Bedroom | -$270 | $6,000 | $5,730 |
Affordability — Encinitas, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.9 |
| Median Home Price | $1,804,000 |
| Median Household Income | $149,000 |