Where home prices are falling in the San Diego area
Home values, 1-year change, September 2026 · Zillow ZHVI (Sep 2026) · updated 2026-11-15
Home values fell over the past year in 15 of the 90 ZIP codes in the San Diego area with figures; the median change was +1.6%.
The largest fall was 28.3% in ZIP code 92008 (Carlsbad, CA), and the tenth-largest was 0.7% in ZIP code 92126 (Mira Mesa, San Diego, CA).
Home values rose 0.8% across the San Diego area and rose 1.2% nationally over the same 12 months.
Where home prices are falling in the San Diego area: the 15
| Rank | ZIP code | Home values, 1-year change | Typical home value | Rents, 1-year change |
|---|---|---|---|---|
| 1 | 92008Carlsbad, CA | −28.3% | $1,730,000 | +3.7% |
| 2 | 92101Midway District, San Diego, CA | −4.0% | $708,000 | +1.9% |
| 3 | 92108Mission Valley East, San Diego, CA | −3.6% | $581,000 | +2.1% |
| 4 | 92128Rancho Bernardo, San Diego, CA | −1.7% | $986,000 | +3.0% |
| 5 | 92036Julian, CA | −1.5% | $559,000 | – |
| 6 | 92121Sorrento Valley, San Diego, CA | −1.4% | $1,051,000 | – |
| 7 | 92122University City, San Diego, CA | −1.2% | $1,056,000 | +4.4% |
| 8 | 92127Black Mountain Ranch, San Diego, CA | −1.2% | $1,593,000 | +3.4% |
| 9 | 92071Tierrasanta, Santee, CA | −1.0% | $800,000 | +3.4% |
| 10 | 92126Mira Mesa, San Diego, CA | −0.7% | $980,000 | +2.9% |
| 11 | 92129Rancho Penasquitos, San Diego, CA | −0.6% | $1,322,000 | +3.0% |
| 12 | 92058Oceanside, CA | −0.5% | $787,000 | +4.6% |
| 13 | 91905Boulevard, CA | −0.4% | $444,000 | – |
| 14 | 92021El Cajon, CA | −0.4% | $772,000 | +0.3% |
| 15 | 91915Chula Vista, CA | −0.2% | $848,000 | +2.1% |
- Under 0.0%
- 0.0% to +1.0%
- +1.0% to +2.0%
- +2.0% to +3.0%
- +3.0% or more
- Not ranked
More rankings for the San Diego area
- Cheapest ZIP codes
- Most expensive ZIP codes
- Where home prices are rising fastest
- Cheapest rent by ZIP code
- Highest rent by ZIP code
- Where rents are falling
- Where rents are rising fastest
- Richest ZIP codes (household income)
- Cheapest suburbs
- Most expensive suburbs
- Richest suburbs (household income)
- Largest suburbs (population)
- San Diego metro area: all figures
Where home prices are falling in other metro areas
- New York, NY
- Los Angeles, CA
- Chicago, IL
- Dallas, TX
- Houston, TX
- Atlanta, GA
- Washington, DC
- Miami, FL
- Philadelphia, PA
- Phoenix, AZ
- Boston, MA
- Riverside, CA
- San Francisco, CA
- Detroit, MI
- Seattle, WA
- Minneapolis, MN
- Tampa, FL
- Denver, CO
- Orlando, FL
- Charlotte, NC
- Baltimore, MD
- St. Louis, MO
- San Antonio, TX
- Austin, TX
- Portland, OR
- Sacramento, CA
- Pittsburgh, PA
- Las Vegas, NV
- Cincinnati, OH
- Kansas City, MO
- Columbus, OH
- Indianapolis, IN
- Nashville, TN
- Cleveland, OH
- San Jose, CA
- Virginia Beach, VA
- Jacksonville, FL
- Raleigh, NC
- Oklahoma City, OK
- Louisville, KY
- Memphis, TN
- Salt Lake City, UT
- Fresno, CA
- Birmingham, AL
Source and method
Home values, 1-year change: Zillow ZHVI (Sep 2026); figures for September 2026. ZIP codes with at least 1,000 residents and a published figure are ranked (90 of them in the San Diego area). This page lists only the 15 where the figure fell. The metro area is the San Diego-Chula Vista-Carlsbad, CA metropolitan statistical area. Place names for ZIP codes are the neighborhood or city the ZIP code mostly covers. Compiled by Home Economics.
Zillow's "typical" home value and rent are index values for the middle of the market (the Zillow Home Value Index and Observed Rent Index), not median sale prices or asking rents. One-year changes are over the 12 months to September 2026. Income and population come from the Census Bureau's American Community Survey and carry sampling error, most of all in small places.