La Jolla, San Diego, CA—92037
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — La Jolla, San Diego, CA
As of Oct '25, the median home price in La Jolla, San Diego, CA is $2,250,000, with a year-over-year change of 1.0%. This indicates that home prices in La Jolla, San Diego, CA are increasing. 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 | $2,250,000 | 1.0% |
| Single Family | $2,965,000 | 1.4% |
| Condos | $1,042,000 | -2.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $596,000 | -4.9% |
2 Bed | $1,129,000 | -1.9% |
3 Bed | $2,375,000 | 1.9% |
4 Bed | $3,321,000 | 1.5% |
| 5 Bed | $4,749,000 | 3.0% |
% of Housing Stock
Rental Trends — La Jolla, San Diego, CA
As of July '25, Rentcast reports the average rent in La Jolla, San Diego, CA is $4,570, with a year-over-year rent change of -0.7%. Per bedroom, the median rent as of July '25 in La Jolla, San Diego, CA is studios: $2,790, 1-bedrooms: $3,020, 2-bedrooms: $4,920, 3-bedrooms: $6,420, 4-bedrooms: $8,700. The most common rental property sizes in La Jolla, San Diego, CA are 2-bedroom and 1-bedroom, accounting for 45.1% and 26.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,800 | $4,570 |
| Studio Rent | $2,400 | $2,790 |
| 1 Bed Rent | $2,920 | $3,020 |
| 2 Bed Rent | $4,000 | $4,920 |
| 3 Bed Rent | $5,950 | $6,420 |
| 4 Bed Rent | $8,500 | $8,700 |
% of Rental Stock
Property Listings — La Jolla, San Diego, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in La Jolla, San Diego, CA is 53. This is a increase of 15.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $3,000,000 | -4.0% |
Listing Count | 223 | 9.0% |
| Listings as % of Homes | 0.7% | 9.0% |
Days on Market | 53 | 15.0% |
Demographics — La Jolla, San Diego, CA
As of the latest ACS Survey released in 2023, La Jolla, San Diego, CA has a population of 39,300, which has decreased by -1.1% over the past 5 years. La Jolla, San Diego, CA is a moderately popular place for families, as children make up 15.9% of the population. The area has a highly educated workforce, with 75.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,300 | -1.1% |
% Under 18 | 15.9% | -14.5% |
% Seniors | 25.1% | 7.3% |
% WFH | 29.2% | 116.3% |
% w/ College Degree | 75.6% | 1.3% |
As of the latest ACS Survey released in 2023, La Jolla, San Diego, CA is a predominantly white area, with 67.2% of the population identifying as white. The white population has shrunk by 9.6% in the last 5 years. The second most common race or ethnicity in La Jolla, San Diego, CA is hispanic, making up 13.1% of the population. Foreign-born residents account for 21.9% of the population in La Jolla, San Diego, CA, and this percentage has decreased by 4.4% 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 | 67.2% | -9.6% |
% Black | 1.2% | -33.3% |
% Hispanic | 13.1% | 27.2% |
% Asian | 11.9% | 13.3% |
% Foreign Born | 21.9% | -4.4% |
Mortgage and Risk — La Jolla, San Diego, CA
According to HUD data as of 2023, there were 344 mortgage originations in La Jolla, San Diego, CA, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 39.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in La Jolla, San Diego, CA. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 344 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — La Jolla, San Diego, CA
As of 2024, the percent of homes in La Jolla, San Diego, CA under the Section 8 program is 0.3%. 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. In La Jolla, San Diego, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 18 |
Total Units Section 8 | 18 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$350 | $2,920 | $2,570 |
| 2 Bedroom | -$820 | $4,000 | $3,180 |
| 3 Bedroom | -$1,700 | $5,950 | $4,250 |
| 4 Bedroom | -$3,320 | $8,500 | $5,180 |
Affordability — La Jolla, San Diego, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 14.2 |
| Median Home Price | $2,250,000 |
| Median Household Income | $142,000 |