San Diego's bohemian beach town — a walkable pier community with cottages, condos, and serious coastal demand.
OB is a tiny, tightly-held beach market, so the median swings hard — but the long-run trend is up and price-per-foot is among the city's highest. On a smoothed basis, Ocean Beach's median has risen roughly 25% over the past five years, and it's pushed back toward record territory in 2026.
The recent median sits around $1.38M, with about 2.5 months of supply, homes selling near 100.0% of original list, and a median of roughly 9 days on market.
Small and coveted — homes near the beach move in days, so come with financing lined up. With supply around 2.5 months and homes going near 100.0% of list, come in fully pre-approved and ready to move.
Beach-close OB homes sell fast and at full price; the constraint is supply, not demand. Priced right, Ocean Beach homes are selling close to ask in about 9 days.
Supply is running around 2.5 months. As long as listings stay scarce, prices hold firm; a rise in inventory would be the first sign of easing.
Rates sit higher than a year ago — the main headwind on demand. A meaningful drop would likely bring buyers off the sidelines fast.
Ocean Beach (92107) runs from the beach and pier to the Point Loma Heights edge inland. Sub-area breakdowns coming.
Ocean Beach is a smaller market, so a single month's median can spike or dip. Weigh the multi-year trajectory over any one data point.