Market Journal IQ: San Diego
← Metro / Central San Diego
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.

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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
$756,000
Median · trailing 3 mo  ▲ 45% / 5-yr
4.6Months supply
31Days on market
96.0%Of original price
$554Price / sq ft
Recent

Up ~45% 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 · August 2026

Where it stands today

The trailing-3-month median sits around $756,000, with about 4.6 months of supply, homes selling near 96.0% of original price, and a median of roughly 31 days on market.

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 4.6 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.

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 — 619-889-0708.