1 / 20
Price cut: $94,000 (7/18)
VIRTUAL TOUR
$525,000FOR SALE
2 beds · 2 baths · 826 sqft
Elevated Estates
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50 homes in 92116
Homes for Sale in 92116
San Diego, CA
4747 Hamilton 12, San Diego, CA 92116
1 / 39
Price cut: $299,500 (4/21)
OPEN WEDNESDAY, 11PM - 1AM
$1,589,500FOR SALE
3 beds · 3 baths · 2,102 sqft
The Oppenheim Group
1 / 20
Price cut: $50,000 (8/24)
VIRTUAL TOUR
$1,449,000FOR SALE
2 beds · 2 baths · 904 sqft
Real Brokerage Technologies
1 / 3
Price cut: $196,200 (7/8)
VIRTUAL TOUR
$598,800FOR SALE
1 beds · 1 baths · 550 sqft
Keller Williams La Jolla
1 / 20
Price cut: $50,000 (8/19)
OPEN FRIDAY, 12AM - 2AM
$899,000FOR SALE
2 beds · 1 baths · 748 sqft
Melissa Goldstein Tucci
1 / 49
NEW 6 DAYS AGO
OPEN SATURDAY, 9PM - 11PM
$1,100,000FOR SALE
3 beds · 2 baths · 1,430 sqft
Coldwell Banker West
1 / 20
VIRTUAL TOUR
$499,000FOR SALE
2 beds · 1 baths · 700 sqft
Willis Allen Real Estate
1 / 20
VIRTUAL TOUR
$1,250,000FOR SALE
3 beds · 2 baths · 1,062 sqft
RE/MAX Hometown, Realtors
1 / 20
Price cut: $95,001 (8/20)
OPEN SATURDAY, 8PM - 10PM
$1,999,999FOR SALE
3 beds · 2 baths · 1,836 sqft
Keller Williams La Jolla
1 / 14
Price cut: $5,000 (8/23)
OPEN SATURDAY, 7PM - 9PM
$895,000FOR SALE
2 beds · 1 baths · 627 sqft
Homeplus Corporation
1 / 25
Price cut: $96,000 (7/30)
OPEN SATURDAY, 7PM - 10PM
$999,000FOR SALE
2 beds · 3 baths · 1,261 sqft
Mehran Saberi Real Estate Bkr
1 / 20
Price cut: $150,900 (8/24)
VIRTUAL TOUR
$2,299,000FOR SALE
4 beds · 3 baths · 3,157 sqft
Coldwell Banker West
1 / 20
Price cut: $145,000 (6/14)
VIRTUAL TOUR
$1,555,000FOR SALE
3 beds · 2 baths · 1,508 sqft
Joe Carta Realty
1 / 16
VIRTUAL TOUR
$579,000FOR SALE
2 beds · 2 baths · 792 sqft
Keller Williams San Diego Metro
1 / 29
NEW 1 DAY AGO
OPEN SATURDAY, 8PM - 9PM
$599,000FOR SALE
2 beds · 2 baths · 824 sqft
eXp Realty of California, Inc.
1 / 20
VIRTUAL TOUR
$560,000FOR SALE
2 beds · 2 baths · 950 sqft
HomeSmart Realty West
About 92116 Real Estate
About San Diego: The 92116 ZIP code is in San Diego, CA. San Diego is a city on the Pacific coast of Southern California, adjacent to the Mexico–United States border. It is the eighth-most populous city in the U.S. and second-most populous city in California with a population of over 1.4 million, while the San Diego metropolitan area with over 3.3 million residents is the 18th-largest metropolitan area in the country. San Diego is the county seat of San Diego County. It is known for its mild Mediterranean climate, extensive beaches and parks, long association with the United States Navy, and recent emergence as a wireless, electronics, healthcare, and biotechnology development center.
Today, the 92116 area has 50 homes for sale with a median listing price of $999K. The average price per square foot is $903.
92116 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. Sale prices are up 28% over the last six months and 6% over the past year, and selling times have improved 53% versus six months ago. At the same time, 36% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
Buyer leverageBalancedSeller leverage
Median Home Price
$999K
↑ 6% over the past yearChart shows the median closed sale price by month
$1.4M$1.1M$856K$605.3K
Sep 25
Dec 25
Mar 26
Jun 26
Months of Supply
Estimated time to sell all listings at the current sales pace
3.3 months of supply
Balanced Supply50 active listings currently on the market.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
3.3
0369+
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~32 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 53% faster than six months ago.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
New
Active
Aging
Stale
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 92116 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
HomeownersRenters
48%
Homeowners
52%
Renters
Homeownership is 7.5 points lower than the California average (55.5%)
Higher renter rates typically mean more rental inventory and neighborhood turnover.
522,146 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
1 Bed$444K
2 Bed$819K
3 Bed$1.6M
4 Bed$2.5M
5 Bed$2.4M
Each additional bedroom adds about $501K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$945K)
Price Reductions
18
18 listings have reduced their price
36% of active listings
Average reduction: 6.8% (~$68K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near San Diego
Frequently Asked Questions about Homes for Sale in 92116, CA
How many homes are for sale in 92116, CA?
There are currently 50 homes for sale in 92116, ranging from $355,000 to $3,400,000. 6 of them hit the market within the last week.
What is the median home price in 92116?
The median list price in 92116 is $999,000. Price per square foot averages $903. Prices are up 5.6% compared to a year ago.
How fast do homes sell in 92116?
Homes in 92116 currently average 32 days on the market, a steady pace.
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