92118 Zip Code Real Estate Market Sees Sales Increase

The 92118 zip code market closed in on its 12-month sales average this week as sales climbed 22.2% to reach 22 homes sold over the last 30 days. In comparison, the nearby 92101 zip code had 74 sales in the same time frame, the most of all neighboring zip codes. Prices are rising in the 92118 zip code, and the median sales price this period increased from $1,550,000 to $1,754,000. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 92118 zip code is still a definite buyer's market.

Want a home with a large living space in the 92118 zip code? Start your search with these listings that provide the most in the area:

$10.9M   $8.4M   $8.9M  

Get started right now by checking out 92118 homes for sale or reviewing 92118 real estate trends.

Demographic facts for the 92118 zip code:

  • The median house value here is $1,070,000.
  • This area usually gets 42 rainy days each year. (U.S. average: 100)
  • This area has an unemployment rate of 5.8%.
  • The students per teacher ratio in this area is 20.3:1. (15.3:1 = national average)

Data reported through 10/12/2016


Ask a local expert about this area:
Pacific Sotheby's International Realty
11 reviews
Del Rey Properties
Snapped 3 homes in this area
Pacific Sotheby's Int'l Realty
Snapped 68 homes in this area

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