Point Loma, San Diego, CA—92106
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Point Loma, San Diego, CA
As of Oct '25, the median home price in Point Loma, San Diego, CA is $1,707,000, with a year-over-year change of -2.5%. This indicates that home prices in Point Loma, San Diego, 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 | $1,707,000 | -2.5% |
| Single Family | $1,783,000 | -2.3% |
| Condos | $995,000 | -2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $780,000 | 1.6% |
2 Bed | $1,199,000 | -0.7% |
3 Bed | $1,683,000 | -2.4% |
4 Bed | $2,143,000 | -2.6% |
| 5 Bed | $2,665,000 | -2.3% |
% of Housing Stock
Rental Trends — Point Loma, San Diego, CA
As of July '25, Rentcast reports the average rent in Point Loma, San Diego, CA is $3,540, with a year-over-year rent change of -13.4%. Per bedroom, the median rent as of July '25 in Point Loma, San Diego, CA is studios: $1,960, 1-bedrooms: $2,340, 2-bedrooms: $3,760, 3-bedrooms: $6,060, 4-bedrooms: $7,790. The most common rental property sizes in Point Loma, San Diego, CA are 2-bedroom and 1-bedroom, accounting for 35.1% and 26.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,580 | $3,540 |
| Studio Rent | $2,000 | $1,960 |
| 1 Bed Rent | $2,400 | $2,340 |
| 2 Bed Rent | $3,580 | $3,760 |
| 3 Bed Rent | $6,100 | $6,060 |
| 4 Bed Rent | $7,850 | $7,790 |
% of Rental Stock
Property Listings — Point Loma, San Diego, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Point Loma, San Diego, CA is 55. This is a increase of 17.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,740,000 | 1.0% |
Listing Count | 54 | 4.0% |
| Listings as % of Homes | 0.4% | 4.0% |
Days on Market | 55 | 17.0% |
Demographics — Point Loma, San Diego, CA
As of the latest ACS Survey released in 2023, Point Loma, San Diego, CA has a population of 20,900, which has increased by 9.3% over the past 5 years. Point Loma, San Diego, CA is a moderately popular place for families, as children make up 17.0% of the population. The area has a highly educated workforce, with 62.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,900 | 9.3% |
% Under 18 | 17.0% | -11.9% |
% Seniors | 19.6% | 2.6% |
% WFH | 18.8% | 24.5% |
% w/ College Degree | 62.7% | 9.4% |
As of the latest ACS Survey released in 2023, Point Loma, San Diego, CA is a predominantly white area, with 71.5% of the population identifying as white. The white population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Point Loma, San Diego, CA is hispanic, making up 16.1% of the population. Foreign-born residents account for 12.0% of the population in Point Loma, San Diego, CA, and this percentage has increased by 9.1% 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 | 71.5% | -5.0% |
% Black | 2.1% | -25.0% |
% Hispanic | 16.1% | 46.4% |
% Asian | 4.6% | -23.3% |
% Foreign Born | 12.0% | 9.1% |
Mortgage and Risk — Point Loma, San Diego, CA
According to HUD data as of 2023, there were 192 mortgage originations in Point Loma, San Diego, CA, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 38.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Point Loma, San Diego, 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 | 192 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Point Loma, San Diego, CA
As of 2024, the percent of homes in Point Loma, San Diego, CA under the Section 8 program is 1.2%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Point Loma, San Diego, 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 | 34 |
Total Units Section 8 | 34 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $2,400 | $2,520 |
| 2 Bedroom | -$460 | $3,580 | $3,120 |
| 3 Bedroom | -$1,930 | $6,100 | $4,170 |
| 4 Bedroom | -$2,770 | $7,850 | $5,080 |
Affordability — Point Loma, San Diego, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 12.3 |
| Median Home Price | $1,707,000 |
| Median Household Income | $127,000 |