A small, tight-knit East County city with some of the most accessible price points near central San Diego — trolley access and an easy reach to downtown.
Lemon Grove is one of the tightest markets in this report: very little inventory, homes selling right at ask, and quick sales. Affordability keeps demand strong.
The trailing-3-month median sits around $748,000, with about 1.8 months of supply, homes selling near 99.8% of original price, and a median of roughly 15 days on market.
Lemon Grove is a rare affordable entry point this close to downtown, so competition is stiff and inventory is scarce. Come pre-approved and ready to write.
With supply this tight and homes selling essentially at ask, well-prepared Lemon Grove listings draw strong, motivated buyer interest. Price to the trend and expect activity.
Supply is running around 1.8 months. As long as listings stay scarce, prices hold firm; a meaningful rise in inventory would be the first sign of easing.
Rates sit higher than they were a couple of years ago — the main headwind on demand. A meaningful drop would likely bring buyers off the sidelines quickly.
Scarce inventory and steady affordability-driven demand keep Lemon Grove firmly a seller's market, even as it sits at a friendlier price point than most of the county.
This is a focused market, so a single month's median can spike or dip. Weigh the multi-year trajectory — the bold trend line above — over any one data point.