Point Loma 92106 Housing Market: Prices, Sales, and What to Expect

Home values in Point Loma’s 92106 zip code remain strong, with fast-selling homes, competitive inventory, and a median sale price of $1.8 million. Whether you’re planning to buy or sell in this unique coastal community, this analysis from Melina Rissone, a top real estate agent in Point Loma, reveals clear trends you’ll want to understand.

With its stunning harbor views, historic charm, and proximity to downtown San Diego, Point Loma continues to attract both local buyers and those relocating from outside the region. The area’s limited land and steady demand help keep prices resilient, even as broader market conditions fluctuate.

The Quick Snapshot

Over the past six months, the median sale price in 92106 was $1,800,000, while active listings are currently asking a median of $1,872,500. Homes are selling fast—median days on market is just 14 days, meaning most homes are finding buyers within two weeks. This combination of high demand and limited supply is keeping the market tilted toward sellers, though buyers are still active and competitive.

How Current Prices Compare

For active and pending listings, prices remain above recent closed sales, signaling that sellers are confident in Point Loma’s continued desirability. With a median list price of about $1.87M, the area continues to attract well-qualified buyers looking for coastal lifestyle and strong community amenities.

Compared to surrounding San Diego neighborhoods, Point Loma sits at the higher end of the market. That makes sense, given its waterfront views, proximity to downtown, and limited housing supply. As a top Point Loma agent, Melina Rissone knows that this pricing reflects the long-term appeal of 92106 homes, even during shifts in broader housing trends.

Buyer Demand: Still Strong

The median 14-day market time makes one thing clear: serious buyers are out there and acting quickly. In fact, many homes are selling within the first week if priced right. With 12 pending sales currently, demand is steady, and buyers aren’t hesitating when they find the right property.

That said, homes are selling for about 96% of list price on median, meaning buyers are negotiating but not dramatically undercutting asking prices. In other words, well-priced homes are moving fast and close to list.

Seller Supply: What’s Available Now

Right now, there are 56 active listings in 92106. That’s enough to give buyers options but not so much inventory that the market feels oversaturated. For sellers, this is still a favorable setup: Competition exists, but serious buyers are showing up, especially for turnkey homes or those with ocean views.

Melina emphasizes that even in a market with some balance, presentation matters. The homes that are staged well, priced strategically, and marketed effectively continue to move the fastest.

Trends by Price Point

• Entry-level Point Loma homes (under $1.2M): Limited supply, often condos or smaller properties, selling quickly.

• Median range homes ($1.5M–$2M): The most active segment, attracting both upsizing local buyers and relocating professionals.

• Luxury homes ($2.5M+): Still moving, but at a slower pace than the mid-market; buyers in this tier are selective and often negotiate more.

What This Means If You’re Buying

If you’re considering a purchase in Point Loma, be prepared to move fast. Homes are often selling in two weeks or less, so getting pre-approved and working with an experienced Point Loma real estate agent like Melina Rissone can help you act confidently when the right property comes along. Since sale prices are averaging about 96% of asking, you’ll need to come in with strong offers, but you may have room for negotiation depending on the property.

What This Means If You’re Selling

For sellers, the data shows that the market remains in your favor—especially if your home is priced strategically from the start. With buyers moving quickly, you can expect solid interest within days of hitting the market. Melina Rissone recommends preparing your home with strong visuals, professional staging, and a data-driven pricing strategy to maximize results in this competitive environment.

Final Takeaway

The Point Loma 92106 housing market is active, competitive, and still leaning toward sellers. With a median sale price of $1.8M, homes selling in only 14 days, and inventory holding steady at around 56 listings, buyers and sellers alike should prepare for fast-moving opportunities. If you’re looking at 92106 homes this year, understanding the numbers will help you make confident decisions.

Ready to make your move? Contact top Point Loma real estate agent Melina Rissone to discuss your goals. She can provide a free, personalized market value report for your property and help you navigate the 92106 housing market with clarity and confidence.

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 on point, extremely resourceful and well connected. She has a very versatile knowledgebase so was able to help guide us in many areas I was not even expecting from an agent. I've referred her to several friends who all reported great experiences. She takes her role in representing her client very seriously so its not like some kind of half time gig thing. She gets it done.

                                                                          -Dan C.