ZIP Code Market Report
92120 — San Diego, CA
Data through February 2026 · Updated monthly
Avg Home Value
$1,022,641
▼ 0.8% year-over-year
Month-over-Month
-0.2%
▼ 0.2%
Single Family
$1,091,963
Condo / Co-op
$505,748
The average home value in the 92120 ZIP code (San Diego, California) is $1,022,641 as of February 2026. Home prices are stable, down 0.8% compared to last year.
A 3-bedroom home in 92120 is valued at $985,503. 1-bedroom units start around $385,343. Single-family homes average $1,091,963, while condos average $505,748.
The market in 92120 has a $632,495 spread between bottom-tier homes at $724,218 and top-tier homes at $1,356,714. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 92120 ZIP code will decrease 0.4% over the next 12 months, bringing the projected average to approximately $1,018,550. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the San Diego County market area in California. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full San Diego County report.
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Market Snapshot
92120 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $1,026,964 | $1,024,834 | $1,022,641 | ▼ 0.4% |
| Single Family Value | $1,087,204 | $1,090,362 | $1,091,963 | ▲ 0.4% |
Home Values
92120 Home Value Trend
Historical home values for ZIP code 92120. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 92120
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $385,343 |
| 2 Bedrooms | $589,890 |
| 3 Bedrooms | $985,503 |
| 4 Bedrooms | $1,223,957 |
Property Types
Home Values by Property Type in 92120
How different property types compare in this ZIP code.
All Homes
$1,022,641
Single Family
$1,091,963
Condo / Co-op
$505,748
Bottom Tier
$724,218
Top Tier
$1,356,714
Forecast
12-Month Home Value Forecast for 92120
Zillow projects home values in 92120 will decrease 0.4% over the next year, reaching approximately $1,018,550.
Current Value
$1,022,641
Projected Change
-0.4%
▼ 0.4%
Projected Value
$1,018,550
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 92120 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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