The story of this market
The typical home in ZIP 92122 sells for about $1,093,368, or $850 per square foot.
Prices are down 3% from a year ago, which gives buyers more room to negotiate. Homes take about 24 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $3,250 a month.
ZIP 92122 — San Diego
The 92122 housing market remains resilient, supported by high demand from the biotech and university sectors despite a slight year-over-year price correction. Inventory remains tight, keeping the market competitive for buyers, while rental demand stays robust due to the area's professional and student population. Figures for specific metrics like active inventory and sales count are based on current market reports.
This ZIP is ideal for biotech professionals, university-affiliated families, and commuters seeking a balance of suburban amenities and proximity to major employment hubs in the Golden Triangle.
Median prices moved down 3.0% year over year.
Homes spend a median of 24 days on market with 3.2 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 4.8% — 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 5.9%/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 4.0%/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 92122, San Diego County CA
Crime rates in the University City area are generally lower than the San Diego city average, with property crime being the primary concern. The area is considered relatively safe compared to more urbanized parts of the region.
The area is served by the San Diego Unified School District, featuring highly-rated public schools including University City High School, which is well-regarded for its academic programs.
The ZIP code is primarily urbanized with low direct wildfire risk, though it remains subject to standard California seismic and regional climate-related insurance adjustments.
The area benefits from proximity to the Golden Triangle biotech and research hub, with ongoing mixed-use development and infrastructure improvements supporting high-tech employment growth.
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 benefit from proximity to the I-805 and I-5 corridors, providing efficient access to the UTC employment hub and downtown San Diego, with recent trolley line extensions improving transit connectivity.
The area features extensive green space including Rose Canyon Open Space Park and Standley Park, alongside proximity to major shopping at Westfield UTC.
The rental market is highly competitive due to the large student and professional population, with vacancy rates remaining low and rents trending upward.
The economy is anchored by the biotech, life sciences, and research sectors, with major employers located in the adjacent Golden Triangle and UTC business districts.
The area is served by the UC San Diego Blue Line trolley extension and major highway interchanges, facilitating regional transit.
Development is focused on transit-oriented residential projects and the expansion of research facilities near the university.
The San Diego County Assessor manages property valuations based on Proposition 13 guidelines.
Parcels are subject to San Diego Unified School District taxes and various municipal utility and flood control assessments.
Property insurance premiums are rising due to regional wildfire risk factors and general market trends in California.
California continues to see net domestic out-migration, though high-demand urban hubs like San Diego maintain stable population levels.
California is a non-judicial foreclosure state, providing a structured process for lenders and specific protections for homeowners.
Sellers are required to provide a comprehensive Transfer Disclosure Statement covering all known material defects.
Data retrieved from Census Reporter and ACS 5-year tables.
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.
Major regional shopping and dining destination.
Extensive hiking and biking trails.
Community park with recreation center and sports fields.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
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 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 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.