Market Report

Moving to Coronado: What the Numbers Mean for Your Budget (ZIP 92118)

Thinking about Coronado? Right now the typical home in ZIP 92118 is valued at $2.56M (Aug 2026), +6.7% from a year earlier, and this week’s regional gauge reads “Balanced”.

Updated October 2026 · Data through Aug 2026 (monthly) and the week ending Sep 26, 2026 (weekly)

Thinking about Coronado? Right now the typical home in ZIP 92118 is valued at $2.56M (Aug 2026), +6.7% from a year earlier, and this week’s regional gauge reads “Balanced”.

What changed

This week against last: the regional gauge held at “Balanced” (48 to 49). New pending sales were 395 against 409 last week, and new listings 495 against 495.
This month against last: $2.54M in Jul 2026 became $2.56M in Aug 2026 (+1.01%).
Over the past month: the gauge held near 49.

If you are buying

A steady field. Around 134 homes are for sale, so a move here rewards planning ahead.
Room to talk. Roughly 26% of listings have already lowered their price.
Budget. At the average 30-year rate of 7.40%, a mortgage payment is easy to estimate before you visit; the calculators below do it in seconds.

If you are selling

Buyer interest. The market temperature is 41 on Zillow’s 0-to-100 scale.
Your next step. If you are leaving Coronado or staying, a free valuation from Rudy uses this week’s activity rather than last year’s.

Think of these numbers as a map of the neighborhood, not a price tag for one house. Rudy is happy to build a report for a specific address.

Your budget

What the numbers mean for your monthly budget

Turning home values and today’s rates into a monthly cost for ZIP 92118.

The monthly cost of a home here

Assumes 20% down, a 30-year fixed loan at 7.40% (Freddie Mac, week of Oct 8, 2026), property tax about 1.1% and insurance about 0.3% of the price a year. HOA dues and mortgage insurance are extra. An illustration, not a quote.

Estimated monthly cost by price tier
Tier	Home value	Down payment	Loan	Principal and interest	Tax and insurance	Total a month	Income at the 28% guideline
Entry level	$1,679,533	$335,907	$1,343,626	$9,303	$1,959	$11,262	$482,676
Typical	$2,563,759	$512,752	$2,051,007	$14,201	$2,991	$17,192	$736,792
Upper tier	$4,070,688	$814,138	$3,256,550	$22,548	$4,749	$27,297	$1,169,864

At the typical value, the estimated total is about $17,192 a month ($14,201 of it principal and interest). A common rule of thumb is to keep housing costs near 28% of gross income; on that yardstick the typical home lines up with a household income of about $736,792 a year. Lenders weigh much more than that one ratio, so treat it as a starting point for a conversation.

A year ago the same typical home ($2,403,523) at the average rate then (6.30%) came to about $11,902 a month in principal and interest, so the payment has moved +19.3% since.

Owning compared with renting

Zillow Observed Rent Index for ZIP 92118, Aug 2026 (all homes and apartments).

Typical rent and the monthly cost of a typical purchase
Measure	Per month
Typical rent in the ZIP	$5,550
Estimated cost of owning a typical home	$17,192
Difference	+$11,642

Owning a typical home costs about $11,642 a month more than the typical rent here, before the equity a buyer builds each month and the upkeep an owner pays. Rents have moved +6.0% over the last twelve months. For a fuller comparison, try the rent versus buy calculator.

Rents

Rents, yields and the rent-versus-buy gap

What it costs to rent in ZIP 92118, and how that compares with owning.

What renting costs here

Zillow Observed Rent Index, ZIP 92118, Aug 2026 (single-family homes, condos and apartments).

Typical monthly rent over time
Month	Typical rent
Aug 2016	$2,665
Aug 2018	$3,269
Aug 2020	$3,485
Aug 2022	$4,727
Aug 2024	$4,931
Aug 2025	$5,233
Aug 2026	$5,550

The typical rent in ZIP 92118 is $5,550 a month, +6.0% over the last twelve months and +39.0% over five years, compared with $2,994 for the metro area as a whole.

Set beside the typical home value of $2,563,759, a year of that rent is 2.6% of the price (a gross figure, before any expenses). Owning that typical home, with 20% down at 7.40 percent, costs an estimated $17,192 a month including tax and insurance: about $11,642 more than the typical rent.

ZIP 92118San Diego metro

The housing stock

The housing in ZIP 92118

What the Census Bureau’s survey says about the homes and the housing costs here.

What the housing stock looks like

Survey-based estimates from the Census Bureau’s American Community Survey, pooled over 2020-2024. Where the Bureau publishes a margin of error it is shown as ±, and the areas only approximate ZIP codes.

Homes and housing costs by ZIP code, Census survey estimates
Measure	ZIP 92118
Median household income	$134,534 (±$11,789)
Homes that are owner-occupied	54.6%
Median year homes were built	1974
Median gross rent	$3,257 (±$172)
Median home value reported by owners	$2,000,000 or more
Single-family detached homes	45.8%
Attached single-unit homes (townhomes, row houses)	12.4%
Small buildings (2 to 4 homes)	5.4%
Larger buildings (5 or more homes)	36.1%
Homes used seasonally or occasionally	18.6%

In ZIP 92118, about 54.6% of occupied homes are owner-occupied, the typical home was built around 1974, and about 45.8% of the housing is single-family detached.

These are housing and economic measures only. Owners’ own estimate of their home’s value, in the survey, will not match Zillow’s typical value elsewhere on this page.

This week

What changed since last week

The latest week, laid out next to the one before it.

This week vs last week

Week ending Sep 26, 2026 compared with the week ending Sep 19, 2026. San Diego metro area (San Diego–Chula Vista–Carlsbad).

Week over week
Measure	This week	Last week	Change	What it favors
Months of supply	3.5	3.4	+2.7%	Edge to buyers
Homes for sale	6,053	6,104	−0.8%	About the same
New listings	495	495	+0.0%	About the same
New pending sales	395	409	−3.4%	Edge to buyers
Listings with a price cut	9.9%	10.1%	−0.2 pts	Edge to sellers
Days to pending	50	49	+2.0%	Edge to buyers

New listings vs new pending sales

Homes per week, last 26 weeks

New listingsNew pending sales

Months of supply

Last 52 weeks. Under 4 leans seller, over 6 leans buyer.

The last 12 weeks, one line each

View the numbers

Week by week, last 12 weeks
Week ending	Gauge	Months of supply	New listings	New pending	Price cuts	Days to pending
Sep 26, 2026	49 Balanced	3.5	495	395	9.9%	50
Sep 19, 2026	48 Balanced	3.4	495	409	10.1%	49
Sep 12, 2026	47 Balanced	3.4	502	414	9.9%	48
Sep 5, 2026	45 Balanced	3.3	524	429	9.9%	46
Aug 29, 2026	47 Balanced	3.4	542	421	9.9%	45
Aug 22, 2026	49 Balanced	3.5	554	411	9.7%	45
Aug 15, 2026	46 Balanced	3.3	552	428	9.9%	44
Aug 8, 2026	46 Balanced	3.3	559	434	10.1%	44
Aug 1, 2026	47 Balanced	3.2	588	442	10.4%	43
Jul 25, 2026	42 Leans sellers	3.1	550	456	9.9%	42
Jul 18, 2026	43 Leans sellers	3.2	588	447	9.5%	41
Jul 11, 2026	42 Leans sellers	3.1	590	451	9.3%	40

Who has the upper hand?

Buyers or sellers: this week’s reading

Start here: the one-number summary of the market you would be moving into.

This week: who had the edge?

Balanced 49 / 100

Week ending Sep 26, 2026 · San Diego metro area (San Diego–Chula Vista–Carlsbad)

Months of supply: 3.5 (under 4 is usually called a seller’s market, 4 to 6 balanced, over 6 a buyer’s market)
Listings with a price cut this week: 9.9%
New pending sales vs new listings: 395 vs 495

This month in ZIP 92118

Favors buyers 96 / 100

Aug 2026 · ZIP 92118 compared with its own history since 2018

Homes for sale: 134
Listings with a price cut: 26%
Zillow market temperature: 41 / 100
Last month: Favors buyers (88)

Week over week: the last 26 weeks

Each dot is one week in the San Diego metro area (San Diego–Chula Vista–Carlsbad). Hover or tap a dot for that week’s reading. Left of center favors sellers, right favors buyers.

Favors sellersLeans sellersBalancedLeans buyersFavors buyers

The gauge, then and now
When	Week ending	Score	Reading
This week	Sep 26, 2026	49	Balanced
Last week	Sep 19, 2026	48	Balanced
4 weeks ago	Aug 29, 2026	47	Balanced
12 weeks ago	Jul 4, 2026	37	Leans sellers
A year ago	Sep 27, 2025	45	Leans sellers

How the gauge works

The gauge turns several public numbers into one dial from 0 (sellers have the most leverage) to 100 (buyers do). The week dial looks at the entire San Diego metro area (San Diego–Chula Vista–Carlsbad) because weekly figures do not exist for individual ZIP codes; it blends months of supply with price cuts, days to pending and the pending-to-new-listing ratio, each scored against every week since 2018.

The month dial is specific to this ZIP: this month’s inventory, price cuts and Zillow’s market temperature, compared with the ZIP’s own history. A reading near 50 means an ordinary month for this place.

Neither dial is a prediction, and neither replaces a conversation about your own situation.

Sources and method

Everything above is computed from public data files and refreshed weekly. Home values are Zillow’s Home Value Index; activity series (inventory, price cuts, days to pending, sale-to-list) are also from Zillow Research. Long-run changes use the FHFA ZIP-level index, and mortgage rates come from Freddie Mac and the St. Louis Fed.

Want the raw numbers? Download ZIP 92118 as a CSV (please credit the sources). Index values describe a typical home, not any one property, and the providers revise their data. Last refreshed Oct 9, 2026.