Are Old Town & Bay Park in High Demand Right Now?

How is the 92110 housing market performing this fall, and what does it mean for homeowners in Old Town and Bay Park? These adjacent neighborhoods remain two of the most stable parts of the San Diego real estate market this season. Homes are selling at steady prices, buyer demand continues, and the local pace feels balanced after several years of rapid change. Midway District, located in the same zip code, is also emerging as a key growth area thanks to recent revitalization efforts.

Melina Rissone has a deep knowledge of the area, so she knows that these neighborhoods attract consistent interest because they combine a convenient location near Mission Bay and the metro area with strong community appeal. Well-prepared listings are still seeing great results.

What Are Prices Like in Old Town and Bay Park?

Over the past six months, home prices in Old Town and Bay Park have remained stable. The median sold price is just above $800,000, with many homes closing close to their list price.

Homes in the $700,000 to $1 million range continue to draw strong attention, especially when they’re move-in ready. Properties with updated features, bay views, or outdoor space typically sell faster.

In this current period:

Average list price: $1,019,818
Average sold price: $990,959
Median days on market: 26
Average days on market: 37
Active listings: 72

Most homes are selling in less than a month, particularly those between $700,000 and $1 million.

Melina Rissone notes that realistic pricing is helping sellers maintain strong results. “When homes are priced according to recent sales, they sell quickly and with fewer negotiations.”

Real Estate Market Analysis: A Steady Pace

This real estate market analysis shows that the 92110 area is moving at a healthy, measured pace. Active listings are slightly higher than in spring, giving buyers more choice, while sellers continue to benefit from steady interest.

The balance between available homes and qualified buyers suggests a sustainable environment for the rest of the year.

Melina Rissone explains, “The market here feels healthy. Buyers have options, but they’re still ready to act when they find the right property. Sellers who prepare their homes thoughtfully are closing on good terms.”

Bay Park Homes Lead the Market

Bay Park remains one of San Diego’s most desirable coastal-adjacent neighborhoods. Single-family homes here often attract families and professionals who want more space while staying close to the city and Mission Bay.

Many of the most active listings are between $1 million and $1.5 million. Buyers in this range are focusing on open layouts, outdoor areas, and modern finishes.

Melina points out that homes near Morena Boulevard and the bay continue to show the most demand. Bay Park buyers are drawn to the location and the long-term value. Properties that show well are still selling within a couple of weeks.

Condos in Old Town: Consistent Demand

Condos and townhomes in Old Town continue to provide a more affordable entry into the San Diego real estate market. Many are located near restaurants, shopping, and transportation, which makes them appealing to both residents and investors.

Condos typically sell within three to four weeks when priced properly. Properties near Presidio Park see strong foot traffic and interest.

Melina Rissone shares that Old Town condos are performing well because of their accessibility and charm. They offer great value for buyers who want proximity to downtown without the higher coastal prices.

Midway District: An Area on the Rise

Then there’s the Midway District: Located in the western portion of 92110 between Old Town and Point Loma, it’s known primarily as a commercial zone but contains several residential pockets as well. With the Sports Arena redevelopment and new housing projects underway, the area is drawing fresh attention from buyers and investors.

Current homes here are more affordable than those in Bay Park or Old Town, with most condos and townhomes priced between the high $400,000s and mid-$700,000s. The district’s location near downtown, Liberty Station, and Mission Bay makes it appealing for those seeking central access and long-term value.

Melina Rissone identifies the Midway District as one of San Diego’s most promising growth areas. Redevelopment is bringing energy and opportunity, making it a smart spot to watch within the San Diego real estate market.

Residential Real Estate Market Predictions for Late 2025

Current residential real estate market predictions for Old Town, Bay Park, and Midway indicate continued stability through the end of the year. Slight growth in home values is expected, with the most resilient activity centered on move-in-ready homes between $700,000 and $1.3 million.

The broader San Diego real estate market remains supported by strong local employment and limited inventory. Interest rates may fluctuate, but buyer motivation has remained steady.

Melina Rissone notes, “I expect this level of balance to continue into early 2026. Sellers who plan carefully will do well, and buyers will continue to find good long-term opportunities.”

What Buyers and Sellers Should Know

For sellers, this is a good time to refresh marketing strategies and focus on presentation. Homes that are clean, well-staged, and priced within current market trends still attract strong offers. Even small updates, such as fresh paint, improved lighting, or new landscaping, can make a noticeable difference. High-quality photos and clear online visibility remain essential for connecting with active buyers in today’s digital market.

For buyers, the slightly increased inventory means more opportunity to compare neighborhoods and home styles before making a decision. This season offers a more comfortable pace for house hunting, giving buyers the ability to evaluate properties carefully and find the right fit. Working with an experienced local agent like Melina Rissone helps ensure buyers understand each area’s pricing trends and long-term potential before making an offer.

Melina advises both sides to stay informed. Markets like Old Town and Bay Park reward preparation. The more you understand current trends, the better positioned you are to make smart choices.

Final Takeaway from Melina Rissone

Old Town, Bay Park, and Midway continue to demonstrate steady performance within the broader San Diego real estate market. Homes are moving at a sustainable pace, prices are consistent, and both buyers and sellers have room to make confident decisions.

If you’d like a detailed real estate market analysis for your neighborhood, call or text Melina Rissone for a personalized report and discussion about your home’s potential. She provides tailored insights that help homeowners plan their next steps with local expertise.

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Melina Rissone

Having sold properties for more than 20 years and earning various prestigious awards throughout the course of her career, Melina Rissone has more than earned her reputation as one of San Diego's most skilled and trustworthy real estate brokers selling homes and luxury condominiums. Her loyal clientele would share that Melina brings structure and planning to chaos. She specializes in supporting her clients and their referrals; families and individuals going through divorce and seniors and active adults planning their moves and financial decisions during their retirement years.

Coldwell Banker Global Luxury and Institute of Luxury Home Marketing certified.

Certified Senior Advisor by the Society of Certified Senior Advisors
RCS-D Designation, a Real Estate Collaboration Specialist for Divorce.
SRES Certification through NAR is a Seniors Real Estate Specialist certification.
Melina is bilingual in English and German.
Recognized as the Top 4% of all real estate brokers in San Diego County in 2021 and the Top 3% of Coldwell Banker International.
Coldwell Banker Presidents Elite Award.
Recognize as the Top 2% of Coldwell Banker West in 2024.
Coldwell Banker Global Luxury and Institute of Luxury Home Marketing Certified.

Melina is a true professional! She is responsive and thorough. She offers important insights through the home buying and selling process. She has a network of connections so that specialists may be brought in when needed. Melina was our real estate broker when buying a home in 2017. And she is the person I have returned to as we consider selling. Melina is a top notch broker in San Diego!
-Catherine