Serra Mesa, Birdland and the homes around the Kearny Mesa business district: 1950s and 60s ranch houses in the middle of the city, minutes from the 163, the 805 and the 15.
Kearny Mesa has eased off over the past year. The three month median was near $980K last fall and has settled around $920K to $935K since spring. On a smoothed basis, Kearny Mesa's median has risen roughly 24% over the past five years.
The recent median sits around $922,333, with about 2.2 months of supply, homes selling near 99.6% of original list, and a median of roughly 12 days on market.
Over five years the median sale price in Kearny Mesa is up about 24% and the price per square foot is up about 19%. The two agree, which is what you want to see. It means the gain reflects prices rising rather than a shift in the kind of home selling, so the headline number is a fair read on what an owner gained.
Price per square foot is the sale price divided by the home's interior square footage.
Both figures use the same smoothed five year comparison: the average of the last twelve monthly medians against the average of the first twelve. A gap of eight points or more is treated as a mix shift. That threshold was set by testing, not picked: an earlier version flagged nine of nineteen areas, which is noise. It now flags eight of forty.
Serra Mesa and Birdland are close to everything, and the houses rarely sit. With supply around 2.2 months and homes going near 99.6% of list, come in pre-approved and ready to move.
Homes are moving. September homes sold in a median of about 12 days. Price it right and you should not have to wait long.
Supply is running around 2.2 months. As long as listings stay scarce, prices hold firm; a rise in inventory would be the first sign of easing.
Most buyers here finance a first or second house, so the monthly payment drives what they can offer. A quarter point either way shows up fast.
Get Pre-Approved →Serra Mesa is the heart of it, built mostly from 1955 to 1965, with pockets like Murray Ridge, Princess Park and Royal Highlands. Birdland, south of Mockingbird Drive, has the bird named streets and sits beside Sharp Memorial, Rady Children's and Kaiser. East of the 163 the Kearny Mesa business district is mostly jobs, with newer townhomes at Stonecrest.
No city Mello Roos district covers 92123. Stonecrest carries a city maintenance assessment and an HOA. Most of Serra Mesa and Birdland carry neither, but check the tax bill on the specific parcel.
The mesa is named for General Stephen W. Kearny, and Camp Kearny sat on it from 1917 until the land went to what became Miramar. Serra Mesa got its name in a 1961 neighborhood contest. It grew from about 3,800 people in 1955 to more than 27,000 by 1970, almost all of it single story ranch houses, many since taken up to two stories. Most of what was built after 1970 was apartments, and the Navy's Cabrillo Heights housing is here too. The 2020 Kearny Mesa community plan makes room for close to 20,000 more homes in the business district, so new construction here will come as townhomes and apartments, not houses. Convoy Street, the Asian dining district, is just west in 92111. 92123 is the ZIP.
What is the median home price in Kearny Mesa?
The median sale price in Kearny Mesa is $922,333 on a trailing three month basis, using closed sales through September 2026.
How long do homes take to sell in Kearny Mesa?
Homes in Kearny Mesa are selling in a median of about 12 days.
Is Kearny Mesa a buyer's or a seller's market?
Kearny Mesa has about 2.2 months of supply, which reads as a seller market. Under three months favors sellers, three to six is balanced, and above six favors buyers.
How much have home prices risen in Kearny Mesa?
The median in Kearny Mesa is up about 24% over the past five years, measured as the average of the last twelve monthly medians against the first twelve.
Are homes in Kearny Mesa selling for asking price?
Homes in Kearny Mesa are closing at about 99.6% of original list price.
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