Originally published Jan 2024 | Last updated Jan 21, 2026.
If you’ve been keeping an eye on the San Diego market, you know it’s been a bit of a wild ride lately. It’s early 2026, and the “market crash” everyone was worrying about last year didn’t quite happen. Instead, we’ve landed in what experts call the “Great Housing Reset.” If you are thinking about selling your home in North Park, you’re in a very strong position, as inventory is still quite low.
The big question on everyone’s mind is pricing. Across San Diego County, the median home price is sitting around $1.02M, and most forecasts suggest a steady 4% appreciation through the end of the year. Before you make any big moves, the first thing you should do is get a San Diego free home valuation. Knowing what you may be looking at regarding your equity is important, so you know what to expect.
Why North Park Stays Resilient
While some high-density areas saw a slight dip in 2025, the North Park community in San Diego remains one of the most sought-after pockets. Especially in neighborhoods like Altadena, where McKinley Elementary School ranks high. Many people with younger children are trying hard to move to this area. North Park has a classic mix of walkability and character that Zillow can’t always quantify. Homes here go pending in about 7-25 days, on average, in my experience, which is much faster than the county average. It’s a seller’s market here, plain and simple.
Is 2026 the Year to Buy a Home in San Diego?
If you are on the other side of the fence and buying a home this year, the “sweet spot” has finally arrived. Mortgage rates have settled into the low 6% range, which feels like a relief compared to the volatility we saw eighteen months ago. You have more leverage now to negotiate for repairs or closing cost credits than you did during the post-pandemic frenzy.
The market isn’t as scary right now; it’s just a balanced market moving at a normal pace. Whether you’re moving up to a larger home or cashing out of an investment, 2026 is about making moves based on data, not the headlines.
Contact the McT Real Estate Group at 619-736-7003 if you’re thinking of buying or selling in North Park, South Park, University Heights, or nearby areas.