Homes For Sale in San Diego, CA

San Diego, CA Real Estate Market Insights

San Diego, CA housing market is very competitive. The median sale price of a home in San Diego was $940K last month, an increase of 10.0% since last year. The median sale price per square foot in San Diego is $691, an increase of 14.0% since last year. In February 2024:


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Map of San Diego Homes For Sale

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San Diego CA Real Estate FAQs

Everything you need to know about San Diego, CA real estate.

Housing in San Diego, CA costs 116% more than the national average, and utilities are about 6% more expensive. Groceries are around 13% pricier in San Diego compared to the rest of the country, and clothing costs about 13% more too.

The study examined the expenses of living in different cities as of 2022. According to the data, in California cities such as Los Angeles, Berkeley, and San Diego, an individual needs an income exceeding $76,000 to afford a comfortable lifestyle.

The rate of violent crimes, standing at 4.4 incidents per thousand residents, is among the lowest compared to other large cities in the country. However, reports of hate crimes have risen from 38 cases in 2022 to 66 cases in 2023. In 2023, race was the motive behind 38% of hate crimes, while religious bias was responsible for 27% of such incidents.

San Diego's high housing expenses pose difficulties for individuals across various life stages, including Gen Z renters, first-time homebuyers, and retirees. In recent news, San Diego was ranked as the 115th best place to retire out of 150 major U.S. cities by U.S. News & World Report for 2024.

San Diego is listed as the fourth priciest major city to retire in by Business Insider, largely due to its steep cost of living. According to their findings, homeowners in San Diego would require an annual income of $137,826, while renters would need slightly less at $120,786 per year.

San Diego boasts a remarkably high Quality of Life score exceeding 170. This is largely attributed to factors such as strong local purchasing power, favorable climate, quality healthcare, and a safe environment. Additionally, the city benefits from moderate levels of traffic, pollution, and a reasonable home-price-to-income ratio.

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