College Area, San Diego, CA—92115
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — College Area, San Diego, CA
As of Oct '25, the median home price in College Area, San Diego, CA is $833,000, with a year-over-year change of -3.4%. This indicates that home prices in College Area, 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 Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $833,000 | -3.4% |
| Single Family | $905,000 | -3.4% |
| Condos | $447,000 | -6.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $367,000 | -6.9% |
2 Bed | $645,000 | -2.0% |
3 Bed | $897,000 | -3.1% |
4 Bed | $1,031,000 | -3.0% |
| 5 Bed | $1,248,000 | -2.3% |
% of Housing Stock
Rental Trends — College Area, San Diego, CA
As of July '25, Rentcast reports the average rent in College Area, San Diego, CA is $2,980, with a year-over-year rent change of -12.1%. Per bedroom, the median rent as of July '25 in College Area, San Diego, CA is studios: $2,380, 1-bedrooms: $1,930, 2-bedrooms: $2,620, 3-bedrooms: $3,740, 4-bedrooms: $3,730. The most common rental property sizes in College Area, San Diego, CA are 2-bedroom and 1-bedroom, accounting for 38.9% and 30.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,980 |
| Studio Rent | $1,800 | $2,380 |
| 1 Bed Rent | $1,920 | $1,930 |
| 2 Bed Rent | $2,600 | $2,620 |
| 3 Bed Rent | $3,700 | $3,740 |
| 4 Bed Rent | $4,500 | $3,730 |
% of Rental Stock
Property Listings — College Area, San Diego, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in College Area, San Diego, CA is 44. This is a increase of 21.0% 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 | $640,000 | -20.0% |
Listing Count | 134 | 45.0% |
| Listings as % of Homes | 0.3% | 45.0% |
Days on Market | 44 | 21.0% |
Demographics — College Area, San Diego, CA
As of the latest ACS Survey released in 2023, College Area, San Diego, CA has a population of 64,000, which has decreased by -2.8% over the past 5 years. College Area, San Diego, CA is a moderately popular place for families, as children make up 17.1% of the population. The area has a moderately educated workforce, with 38.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 64,000 | -2.8% |
% Under 18 | 17.1% | -8.6% |
% Seniors | 9.9% | 15.1% |
% WFH | 14.7% | 149.2% |
% w/ College Degree | 38.5% | 19.2% |
As of the latest ACS Survey released in 2023, College Area, San Diego, CA is a predominantly white area, with 40.2% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in College Area, San Diego, CA is hispanic, making up 30.4% of the population. Foreign-born residents account for 19.2% of the population in College Area, San Diego, CA, and this percentage has decreased by 16.9% 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 | 40.2% | 2.0% |
% Black | 10.0% | -24.2% |
% Hispanic | 30.4% | 1.7% |
% Asian | 13.0% | -12.2% |
% Foreign Born | 19.2% | -16.9% |
Mortgage and Risk — College Area, San Diego, CA
According to HUD data as of 2023, there were 521 mortgage originations in College Area, San Diego, CA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in College Area, San Diego, CA. Investor activity is low, as 7.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 521 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 7.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — College Area, San Diego, CA
As of 2024, the percent of homes in College Area, San Diego, CA under the Section 8 program is 11.2%. 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 College Area, 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 | 1,451 |
Total Units Section 8 | 1,371 |
% Rentals under Section 8 | 11.2% |
% Occupied Section 8 | 96.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $170 | $1,920 | $2,090 |
| 2 Bedroom | -$10 | $2,600 | $2,590 |
| 3 Bedroom | -$240 | $3,700 | $3,460 |
| 4 Bedroom | -$280 | $4,500 | $4,220 |
Affordability — College Area, San Diego, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.2 |
| Median Home Price | $833,000 |
| Median Household Income | $75,200 |