University City, San Diego, CA—92122
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — University City, San Diego, CA
As of Oct '25, the median home price in University City, San Diego, CA is $1,078,000, with a year-over-year change of -3.9%. This indicates that home prices in University City, San Diego, CA are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,078,000 | -3.9% |
| Single Family | $1,452,000 | -4.3% |
| Condos | $678,000 | -5.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $507,000 | -4.9% |
2 Bed | $716,000 | -5.8% |
3 Bed | $1,263,000 | -3.7% |
4 Bed | $1,601,000 | -4.0% |
| 5 Bed | $1,743,000 | -4.8% |
% of Housing Stock
Rental Trends — University City, San Diego, CA
As of July '25, Rentcast reports the average rent in University City, San Diego, CA is $3,340, with a year-over-year rent change of -7.7%. Per bedroom, the median rent as of July '25 in University City, San Diego, CA is studios: $2,750, 1-bedrooms: $2,720, 2-bedrooms: $3,540, 3-bedrooms: $4,860, 4-bedrooms: $6,140. The most common rental property sizes in University City, San Diego, CA are 2-bedroom and 1-bedroom, accounting for 42.7% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,150 | $3,340 |
| Studio Rent | $2,620 | $2,750 |
| 1 Bed Rent | $2,650 | $2,720 |
| 2 Bed Rent | $3,380 | $3,540 |
| 3 Bed Rent | $4,770 | $4,860 |
| 4 Bed Rent | $5,700 | $6,140 |
% of Rental Stock
Property Listings — University City, San Diego, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in University City, San Diego, CA is 53. This is a increase of 27.0% 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 | $697,000 | -12.0% |
Listing Count | 93 | 43.0% |
| Listings as % of Homes | 0.2% | 43.0% |
Days on Market | 53 | 27.0% |
Demographics — University City, San Diego, CA
As of the latest ACS Survey released in 2023, University City, San Diego, CA has a population of 45,400, which has decreased by -6.2% over the past 5 years. University City, San Diego, CA is a less popular place for families, as children make up 12.9% of the population. The area has a highly educated workforce, with 74.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,400 | -6.2% |
% Under 18 | 12.9% | 10.3% |
% Seniors | 13.9% | 8.6% |
% WFH | 25.1% | 253.5% |
% w/ College Degree | 74.3% | 3.2% |
As of the latest ACS Survey released in 2023, University City, San Diego, CA is a predominantly white area, with 51.0% of the population identifying as white. The white population has grown by 4.5% in the last 5 years. The second most common race or ethnicity in University City, San Diego, CA is asian, making up 28.1% of the population. Foreign-born residents account for 31.9% of the population in University City, San Diego, CA, and this percentage has decreased by 12.8% 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 | 51.0% | 4.5% |
% Black | 1.1% | -52.2% |
% Hispanic | 13.4% | 16.5% |
% Asian | 28.1% | -14.1% |
% Foreign Born | 31.9% | -12.8% |
Mortgage and Risk — University City, San Diego, CA
According to HUD data as of 2023, there were 98 mortgage originations in University City, San Diego, CA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 32.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in University City, San Diego, CA. Investor activity is low, as 4.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 98 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — University City, San Diego, CA
As of 2024, the percent of homes in University City, San Diego, CA under the Section 8 program is 1.1%. 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. In University City, San Diego, CA, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 173 |
Total Units Section 8 | 173 |
% Rentals under Section 8 | 1.1% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $2,650 | $2,970 |
| 2 Bedroom | $300 | $3,380 | $3,680 |
| 3 Bedroom | $150 | $4,770 | $4,920 |
| 4 Bedroom | $290 | $5,700 | $5,990 |
Affordability — University City, San Diego, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.3 |
| Median Home Price | $1,078,000 |
| Median Household Income | $98,800 |