Market Journal IQ: San Diego
← Metro / Central San DiegoStoriesPhotos
Metro / Central San Diego · ZIP 92108

Mission Valley

A central, walkable hub of condos and townhomes along the San Diego River: trolley access, big-name shopping, and quick reach to everywhere in the county.

All regions  ›  Metro / Central San Diego  ›  Mission Valley
This report covers Mission Valley (ZIP 92108), focused on its condo and townhome market, the dominant housing type in this central district. Figures lead with the trailing-3-month median to keep the read steady.
All Homes
$593,000
Median · trailing 3 mo  ▲ 24% / 5-yr
5.4Months supply ▼
33Days on market ▲
96.3%Of original price ▼
$573Price / sq ft
Recent

Up about 24% over five years

Mission Valley is a condo-and-townhome market, so this report tracks that segment (detached homes are too few here to read reliably). Prices have softened slightly and homes are taking about a month to sell, a more balanced market than the county's hottest inland ZIPs.

Present · October 2026 Edition

Where it stands today

The trailing-3-month median sits around $593,000, with about 5.4 months of supply, homes selling near 96.3% of original price, and a median of roughly 33 days on market.

Price Per Square Foot · 5-Year Trend

What is behind the Mission Valley number

$573Price / sq ft today
+16%Price / sq ft, 5 yr
Median sale priceMedian price per sq ftBoth set to 100 at the start of 2021, so they can be compared on one scale.

Over five years the median sale price in Mission Valley is up about 24%, but the price per square foot is up about 16%. Those two usually move together. When the median runs well ahead, it is mostly a sign that larger or higher end homes make up more of what sells now, not that any given house gained 24%. The price per square foot figure is the closer read on what an owner actually 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.

What It Means For You

For buyers

Mission Valley is one of the best-value central locations in San Diego, with a softer, more balanced condo market that gives buyers room to negotiate. Watch HOA dues and check building reserves before you commit.

For sellers

With a month on market and prices easing, condo sellers here win on preparation and pricing. Turnkey units in well-run buildings still move well; sharp pricing beats chasing the market down.

Outlook & What to Watch

Inventory

Supply is running around 5.4 months. As long as listings stay scarce, prices hold firm; a meaningful rise in inventory would be the first sign of easing.

Mortgage rates

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.

Get Pre-Approved →

Mission Valley in focus

Mission Valley's condo market is the most balanced in this report, steady demand for its central location, offset by ample supply and buyers mindful of HOA costs.

Read the trend, not the month

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.

Thinking about buying or selling in Mission Valley? For an honest read on your specific street and price point, reach out at 619-889-0708.
Common questions

Mission Valley market questions

What is the median home price in Mission Valley?
The median sale price in Mission Valley is $593,000 on a trailing three month basis, using closed sales through September 2026.

How long do homes take to sell in Mission Valley?
Homes in Mission Valley are selling in a median of about 33 days.

Is Mission Valley a buyer's or a seller's market?
Mission Valley has about 5.4 months of supply, which reads as a balanced market. Under three months favors sellers, three to six is balanced, and above six favors buyers.

How much have home prices risen in Mission Valley?
The median in Mission Valley 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 Mission Valley selling for asking price?
Homes in Mission Valley are closing at about 96.3% of original list price.

Nearby markets

Compare Mission Valley with the markets around it

Linda Vista North Park Mission Hills Bay Park & Bay Ho Downtown Clairemont Golden Hill & South Park Kearny Mesa Tierrasanta

Inherited a home in Mission Valley? Here is what to know before you sell, from probate and trust timelines to the tax questions families ask first.

×

Add MJIQ to your Home Screen

First, make sure you’re in Safari, not Chrome or an in-app browser.

1. Tap the Share iconat the bottom-center of Safari (a square with an arrow pointing up).

2. Scroll down and tap Add to Home Screen.

3. Tap Add, the MJIQ icon appears on your home screen.

🔍 Search Mission Valley Listings🏠 Get Pre-Approved📞 Call or Text✉️ Email