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Mission Valley, San Diego, CA—92108

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$594,000
6.4% YoY Growth
Household Income
$102,000
40.9% YoY Growth
Days on Market
70
40.0% Longer YoY
Home Price Forecast
0.9%
Median Rent
$3,120
0.9% YoY Growth
1-Bed Rent
$2,880
1.8% YoY Growth
2-Bed Rent
$3,580
2.3% YoY Growth
3-Bed Rent
$4,590
2.4% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Mission Valley, San Diego, CA

As of Dec '25, the median home price in Mission Valley, San Diego, CA is $594,000, with a year-over-year change of -6.4%. This indicates that home prices in Mission Valley, San Diego, CA are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$594,000-6.4%
Single Family $898,000-4.7%
Condos $536,000-6.9%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $404,000
    -8.4%
    2 Bed
    		$601,000-6.1%
    3 Bed
    		$973,000-3.7%
    4 Bed
    		$1,178,000-2.8%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    9.5%
    1 Bedroom
    35.0%
    2 Bedrooms
    41.0%
    3 Bedrooms
    12.9%
    4 Bedrooms
    1.5%

    Rental Trends — Mission Valley, San Diego, CA

    As of July '25, Rentcast reports the average rent in Mission Valley, San Diego, CA is $3,260, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in Mission Valley, San Diego, CA is studios: $2,500, 1-bedrooms: $2,820, 2-bedrooms: $3,530, 3-bedrooms: $4,760, 4-bedrooms: $6,620. The most common rental property sizes in Mission Valley, San Diego, CA are 1-bedroom and 2-bedroom, accounting for 41.8% and 40.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,120$3,260
    Studio Rent $2,590$2,500
    1 Bed Rent $2,880$2,820
    2 Bed Rent $3,580$3,530
    3 Bed Rent $4,590$4,760
    4 Bed Rent $6,900$6,620
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    % of Rental Stock

    Studio
    12.0%
    1 Bedroom
    41.8%
    2 Bedrooms
    40.2%
    3 Bedrooms
    5.3%
    4 Bedrooms
    0.6%

    Property Listings — Mission Valley, San Diego, CA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Mission Valley, San Diego, CA is 59. This is a increase of 35.0% 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 33.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$502,000-20.0%
    Listing Count
    		8831.0%
    Listings as % of Homes0.3%31.0%
    Days on Market
    		7040.0%
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    Demographics — Mission Valley, San Diego, CA

    As of the latest ACS Survey released in 2023, Mission Valley, San Diego, CA has a population of 24,400, which has increased by 8.1% over the past 5 years. Mission Valley, San Diego, CA is a less popular place for families, as children make up 10.6% of the population. The area has a highly educated workforce, with 58.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		24,4008.1%
    % Under 18
    		10.6%-14.5%
    % Seniors
    		8.3%-1.2%
    % WFH
    		19.2%182.4%
    % w/ College Degree
    		58.2%4.3%
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    As of the latest ACS Survey released in 2023, Mission Valley, San Diego, CA is a predominantly white area, with 49.5% of the population identifying as white. The white population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Mission Valley, San Diego, CA is hispanic, making up 24.0% of the population. Foreign-born residents account for 20.9% of the population in Mission Valley, San Diego, CA, and this percentage has decreased by 13.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		49.5%-7.1%
    % Black
    		6.2%-23.5%
    % Hispanic
    		24.0%-5.9%
    % Asian
    		12.8%26.7%
    % Foreign Born
    		20.9%-13.6%
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    Mortgage and Risk — Mission Valley, San Diego, CA

    According to HUD data as of 2023, there were 304 mortgage originations in Mission Valley, San Diego, CA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Mission Valley, San Diego, CA. Investor activity is low, as 4.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		304
    % Conventional Loans
    		85.0%
    % Government Loans
    		15.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		12.0%
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    Rentals and Section 8 — Mission Valley, San Diego, CA

    As of 2024, the percent of homes in Mission Valley, San Diego, CA under the Section 8 program is 9.4%. 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 and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Mission Valley, San Diego, CA, because HUD payments exceed market rent, while 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		1,066
    Total Units Section 8
    		1,066
    % Rentals under Section 8
    		9.4%
    % Occupied Section 8
    		96.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$380$2,880$3,260
    2 Bedroom$450$3,580$4,030
    3 Bedroom$800$4,590$5,390
    4 Bedroom-$340$6,900$6,560

    Affordability — Mission Valley, San Diego, CA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.7
    Median Home Price$594,000
    Median Household Income$102,000

    Mission Valley, San Diego, CA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Kensington, San Diego, CA

    92116

    North Park, San Diego, CA

    92104

    Serra Mesa, San Diego, CA

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    Hillcrest, San Diego, CA

    92103

    Clairemont, San Diego, CA

    92111

    Frequently Asked Questions