The story of this market
The typical home in ZIP 92104 sells for about $1,144,500, or $750 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $2,850 a month.
ZIP 92104 — San Diego
The 92104 housing market remains highly competitive due to limited inventory and strong demand for walkable urban neighborhoods. While price growth has moderated compared to the 2021-2022 surge, the area continues to see steady appreciation driven by its central location and lifestyle amenities. Note that some specific metrics like exact vacancy rates are based on the most recent ACS estimates rather than real-time monthly tracking.
This ZIP is ideal for young professionals, urban-dwelling couples, and renters who prioritize walkability, nightlife, and proximity to the city center over large lot sizes.
Median prices moved up 4.2% year over year.
Homes spend a median of 32 days on market with 2.0 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 10.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 92104, San Diego County, CA
North Park experiences property crime rates typical of dense urban San Diego neighborhoods, with higher concentrations of petty theft near commercial corridors. Violent crime remains relatively low compared to regional averages for similar urban density.
Schools serving the area are part of the San Diego Unified School District, with performance ratings varying significantly by specific campus; many families supplement with local charter or private options.
The area is primarily urban with low wildfire risk, though some canyon-adjacent properties may face localized brush-fire exposure. Flood risk is generally low, confined to specific low-lying drainage areas.
The area benefits from ongoing infill development and high demand for walkable, transit-oriented housing. Major economic momentum is driven by the proximity to downtown San Diego and the expansion of local craft-brew and hospitality sectors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Residents enjoy a highly central location with easy access to I-805 and I-8, making for a short commute to Downtown San Diego, Mission Valley, and major employment hubs.
The ZIP features Balboa Park's northern edge, numerous local pocket parks, and a dense concentration of restaurants, breweries, and boutiques along University Avenue and 30th Street.
The rental market is highly competitive with low vacancy rates due to the area's popularity with young professionals. Short-term rental activity is strictly regulated by city ordinances.
The economy is driven by the hospitality, craft beverage, and professional services sectors, with strong spillover employment from nearby Downtown San Diego and the biotech corridor.
The area is served by multiple MTS bus lines and is highly bikeable, though residents remain largely dependent on personal vehicles for regional travel.
City planning focuses on transit-priority area development, encouraging higher-density residential projects near major transit corridors.
The San Diego County Assessor's office manages assessments, with values capped by Proposition 13 unless a change in ownership occurs.
Parcels are subject to San Diego Unified School District taxes and standard municipal service assessments.
Property insurance premiums are rising due to regional wildfire risk factors, though 92104 is considered lower risk than inland suburban areas.
California continues to see net domestic out-migration, though urban centers like San Diego maintain steady demand from international and professional arrivals.
California is primarily a non-judicial foreclosure state, providing a streamlined process for lenders while offering specific notice periods for homeowners.
California requires comprehensive seller disclosures regarding property condition, natural hazards, and environmental issues.
Data retrieved from data.census.gov ZCTA 92104 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
World-class urban cultural park bordering the ZIP.
Anchor of the local craft brewery scene.
Hub for local galleries and boutiques.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Governs Villa Portofino
Planned unit development covenants requiring architectural review approval prior to exterior alterations, strict common-element parking rules, restrictions on short-term leasing, and pet limitation rules.
Governs La Jolla Colony
Architectural review guidelines governing exterior modifications, restrictions against public nuisances, designated vehicle parking regulations, pet policies, and residential leasing subject to association rules.
Governs Carmel Mountain Ranch
Standard master-planned residential restrictions including mandatory architectural review for modifications, restrictions against commercial business operations visible to the exterior, vehicle parking guidelines, and leasing compliance rules.
90-day research cycle · governing documents remain with their official custodians — the association, its management portal or the county clerk's recording.