Old Town, San Diego, CA—92110
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Old Town, San Diego, CA
As of Oct '25, the median home price in Old Town, San Diego, CA is $985,000, with a year-over-year change of -3.3%. This indicates that home prices in Old Town, San Diego, CA are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $985,000 | -3.3% |
| Single Family | $1,364,000 | -2.4% |
| Condos | $589,000 | -6.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $454,000 | -7.0% |
2 Bed | $680,000 | -5.7% |
3 Bed | $1,311,000 | -2.7% |
4 Bed | $1,599,000 | -2.9% |
| 5 Bed | $1,861,000 | -3.4% |
% of Housing Stock
Rental Trends — Old Town, San Diego, CA
As of July '25, Rentcast reports the average rent in Old Town, San Diego, CA is $3,280, with a year-over-year rent change of -4.9%. Per bedroom, the median rent as of July '25 in Old Town, San Diego, CA is studios: $2,120, 1-bedrooms: $2,690, 2-bedrooms: $3,450, 3-bedrooms: $4,570, 4-bedrooms: $4,100. The most common rental property sizes in Old Town, San Diego, CA are 2-bedroom and 1-bedroom, accounting for 42.2% and 26.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,040 | $3,280 |
| Studio Rent | $1,800 | $2,120 |
| 1 Bed Rent | $2,410 | $2,690 |
| 2 Bed Rent | $3,200 | $3,450 |
| 3 Bed Rent | $4,100 | $4,570 |
| 4 Bed Rent | $3,580 | $4,100 |
% of Rental Stock
Property Listings — Old Town, San Diego, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Old Town, San Diego, CA is 47. This is a increase of 48.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $730,000 | -4.0% |
Listing Count | 96 | 82.0% |
| Listings as % of Homes | 0.2% | 82.0% |
Days on Market | 47 | 48.0% |
Demographics — Old Town, San Diego, CA
As of the latest ACS Survey released in 2023, Old Town, San Diego, CA has a population of 31,200, which has increased by 4.3% over the past 5 years. Old Town, San Diego, CA is a moderately popular place for families, as children make up 16.1% of the population. The area has a highly educated workforce, with 53.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,200 | 4.3% |
% Under 18 | 16.1% | 8.8% |
% Seniors | 13.6% | 7.9% |
% WFH | 19.7% | 99.0% |
% w/ College Degree | 53.9% | 16.2% |
As of the latest ACS Survey released in 2023, Old Town, San Diego, CA is a predominantly white area, with 58.8% of the population identifying as white. The white population has shrunk by 8.0% in the last 5 years. The second most common race or ethnicity in Old Town, San Diego, CA is hispanic, making up 18.3% of the population. Foreign-born residents account for 12.9% of the population in Old Town, 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 | 58.8% | -8.0% |
% Black | 4.9% | -2.0% |
% Hispanic | 18.3% | -10.3% |
% Asian | 7.5% | 11.9% |
% Foreign Born | 12.9% | -4.4% |
Mortgage and Risk — Old Town, San Diego, CA
According to HUD data as of 2023, there were 260 mortgage originations in Old Town, San Diego, CA, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Old Town, 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 | 260 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Old Town, San Diego, CA
As of 2024, the percent of homes in Old Town, San Diego, CA under the Section 8 program is 5.8%. 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 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Old Town, San Diego, CA, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 468 |
Total Units Section 8 | 444 |
% Rentals under Section 8 | 5.8% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $2,410 | $2,550 |
| 2 Bedroom | -$50 | $3,200 | $3,150 |
| 3 Bedroom | $110 | $4,100 | $4,210 |
| 4 Bedroom | $1,550 | $3,580 | $5,130 |
Affordability — Old Town, San Diego, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.9 |
| Median Home Price | $985,000 |
| Median Household Income | $103,000 |