Wondering what homes are really selling for across San Diego right now, now-especially in neighborhoods like North Park?
Here’s a current look at home prices, trends, and what you should know before buying or selling this year.
San Diego Real Estate Market Overview
As of fall 2025, San Diego’s housing market remains one of California’s most competitive-but it has cooled slightly from the record highs of the past few years.
- Median sale price: ~$960,000 (Redfin)
- Average home value: ~$982,000 (Zillow)
- Median listing price: ~$935,000 (Realtor.com)
In short, homes across San Diego generally range from the high $800,000s to over $1 million, depending on property type and location.
Detached single-family homes are holding their value best, with a current median price around $1.1 million, while condos and townhomes average closer to $650,000. That price gap reflects both demand for space and the limited supply of single-family homes in many central neighborhoods.
Spotlight on North Park
If you’re curious about what a million dollars buys you in San Diego, North Park is a great example. This eclectic, walkable neighborhood continues to draw buyers for its charm, central location, and character homes.
Recent data shows:
- Median sale price: ~$1,000,000 (Redfin)
- Average home value: ~$956,000 (Zillow)
- Median list price: ~$1,060,000 (Realtor.com)
That puts North Park slightly above the citywide median, proof that demand for this area remains strong even as the broader market stabilizes.
Key Factors Shaping Prices Right Now
Limited inventory: Although we are seeing more homes for sale, there are still fewer homes on the market, which continues to drive competition and support the higher pricing. So, is San Diego expensive to live in? The answer is YES.
- Shift in buyer behavior: Although interest rates have decreased slightly, they remain higher than those of pre-COVID years, and buyers are more selective, prioritizing quality and value over speed.
- Neighborhood appeal: Central areas, such as North Park, South Park, and University Heights, still command premium pricing due to their location and lifestyle.
- Detached vs. attached homes: Single-family homes continue to outperform condos in both demand and value retention.
- Moderate forecasts: Experts predict steady, modest appreciation of around 3-4% through 2026-a sustainable pace after years of rapid growth.
What This Means for You
If You’re Buying:
Be prepared to budget near $1 million for a well-located home in central San Diego. Although the market isn’t as frenzied as it was before, desirable properties continue to attract strong offers. Having a clear strategy and local insight can make a big difference. If you go a little inland, you will be able to find a home for a lot less than in the coastal or metro area.
If You’re Selling:
Pricing your home correctly is crucial. Overpricing can lead to a slower sale, while strategic pricing, paired with strong marketing, can help you stand out and sell quickly, even in a more balanced market.
Your Local Real Estate Resource
San Diego’s housing market continues to evolve, but one thing remains consistent: the value of working with a local expert who understands every nuance of your neighborhood.
If you’re considering buying or selling in San Diego or North Park, contact the McT Real Estate Group to develop a strategy tailored to your specific goals.
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