Ocean Beach, San Diego, CA—92107
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ocean Beach, San Diego, CA
As of Oct '25, the median home price in Ocean Beach, San Diego, CA is $1,433,000, with a year-over-year change of -4.1%. This indicates that home prices in Ocean Beach, San Diego, 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 | $1,433,000 | -4.1% |
| Single Family | $1,579,000 | -4.2% |
| Condos | $740,000 | -6.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $791,000 | 10.8% |
2 Bed | $1,086,000 | 0.6% |
3 Bed | $1,646,000 | -3.8% |
4 Bed | $2,129,000 | -3.2% |
| 5 Bed | $2,611,000 | -4.4% |
% of Housing Stock
Rental Trends — Ocean Beach, San Diego, CA
As of July '25, Rentcast reports the average rent in Ocean Beach, San Diego, CA is $3,230, with a year-over-year rent change of 3.5%. Per bedroom, the median rent as of July '25 in Ocean Beach, San Diego, CA is studios: $2,000, 1-bedrooms: $2,480, 2-bedrooms: $3,350, 3-bedrooms: $5,280, 4-bedrooms: $7,700. The most common rental property sizes in Ocean Beach, San Diego, CA are 1-bedroom and 2-bedroom, accounting for 38.6% and 37.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,890 | $3,230 |
| Studio Rent | $2,000 | $2,000 |
| 1 Bed Rent | $2,400 | $2,480 |
| 2 Bed Rent | $3,260 | $3,350 |
| 3 Bed Rent | $5,200 | $5,280 |
| 4 Bed Rent | $7,930 | $7,700 |
% of Rental Stock
Property Listings — Ocean Beach, San Diego, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Ocean Beach, San Diego, CA is 44. This is a increase of 13.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,730,000 | 10.0% |
Listing Count | 57 | 20.0% |
| Listings as % of Homes | 0.2% | 20.0% |
Days on Market | 44 | 13.0% |
Demographics — Ocean Beach, San Diego, CA
As of the latest ACS Survey released in 2023, Ocean Beach, San Diego, CA has a population of 29,800, which has decreased by -4.4% over the past 5 years. Ocean Beach, San Diego, CA is a moderately popular place for families, as children make up 15.4% of the population. The area has a highly educated workforce, with 61.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,800 | -4.4% |
% Under 18 | 15.4% | 27.3% |
% Seniors | 13.9% | 11.2% |
% WFH | 25.8% | 174.5% |
% w/ College Degree | 61.6% | 11.6% |
As of the latest ACS Survey released in 2023, Ocean Beach, San Diego, CA is a predominantly white area, with 73.2% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Ocean Beach, San Diego, CA is hispanic, making up 16.2% of the population. Foreign-born residents account for 7.7% of the population in Ocean Beach, San Diego, CA, and this percentage has increased by 11.6% 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 | 73.2% | -4.2% |
% Black | 1.9% | -9.5% |
% Hispanic | 16.2% | 20.9% |
% Asian | 3.2% | -22.0% |
% Foreign Born | 7.7% | 11.6% |
Mortgage and Risk — Ocean Beach, San Diego, CA
According to HUD data as of 2023, there were 264 mortgage originations in Ocean Beach, San Diego, CA, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 40.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Ocean Beach, San Diego, CA. Investor activity is low, as 5.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 264 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 5.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Ocean Beach, San Diego, CA
As of 2024, the percent of homes in Ocean Beach, San Diego, CA under the Section 8 program is 1.9%. 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 Ocean Beach, 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 | 172 |
Total Units Section 8 | 172 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | 93.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $110 | $2,400 | $2,510 |
| 2 Bedroom | -$160 | $3,260 | $3,100 |
| 3 Bedroom | -$1,060 | $5,200 | $4,140 |
| 4 Bedroom | -$2,880 | $7,930 | $5,050 |
Affordability — Ocean Beach, San Diego, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 13 |
| Median Home Price | $1,433,000 |
| Median Household Income | $107,000 |