La Mesa Market ReportSeptember 2026
House prices are up and supply is very tight. Monthly figures for La Mesa from the San Diego MLS, with current mortgage rates and what they mean for buyers and sellers.
House prices are up and supply is very tight
La Mesa house prices are rising in both ZIP codes. In 91941, the September house median was $1,200,000, up 9.1%, and the year-to-date median is $1,150,000, up 8.5%. In 91942, the house median was $890,000, up 9.9%, with a year-to-date median of $900,000, up 3.2%.
Supply is tight. Houses for sale fell 29% in 91941 to 46, or 2.1 months of supply, and 91942 had just 19 houses for sale — 1.4 months, one of the tightest markets in the county. Sellers in both ZIPs are getting about 99% of original list price year to date.
Condos are a smaller market. 91942 had 37 condos for sale and 3.3 months of supply, with a year-to-date median of $557,450. 91941 had only three condo sales in September, too few to read a median.
Where La Mesa moved
The full La Mesa numbers
Houses (detached) · ZIP 91941
| Metric | Sep 2025 | Sep 2026 | Change | YTD 2025 | YTD 2026 | Change |
|---|---|---|---|---|---|---|
| New listings | 36 | 33 | −8.3% | 326 | 308 | −5.5% |
| Pending sales | 22 | 20 | −9.1% | 187 | 200 | +7.0% |
| Closed sales | 22 | 24 | +9.1% | 181 | 199 | +9.9% |
| Median sales price | $1,100,000 | $1,200,000 | +9.1% | $1,060,000 | $1,150,000 | +8.5% |
| % of original list price received | 97.6% | 98.7% | +1.1% | 99.3% | 99.1% | −0.2% |
| Days on market until sale | 32 | 31 | −3.1% | 27 | 34 | +25.9% |
| Homes for sale (inventory) | 65 | 46 | −29.2% | — | — | — |
| Months supply of inventory | 3.3 | 2.1 | −36.4% | — | — | — |
Condos & townhomes (attached) · ZIP 91941
| Metric | Sep 2025 | Sep 2026 | Change | YTD 2025 | YTD 2026 | Change |
|---|---|---|---|---|---|---|
| New listings | 3 | 7 | +133.3% | 22 | 36 | +63.6% |
| Pending sales | 1 | 2 | +100.0% | 19 | 16 | −15.8% |
| Closed sales | 1 | 3 | +200.0% | 19 | 16 | −15.8% |
| Median sales price | $775,000 | $515,000 | −33.5% | $547,500 | $521,500 | −4.7% |
| % of original list price received | 94.5% | 95.1% | +0.6% | 100.0% | 97.4% | −2.6% |
| Days on market until sale | 28 | 55 | +96.4% | 58 | 44 | −24.1% |
| Homes for sale (inventory) | 5 | 12 | +140.0% | — | — | — |
| Months supply of inventory | 2.0 | 6.6 | +230.0% | — | — | — |
Houses (detached) · ZIP 91942
| Metric | Sep 2025 | Sep 2026 | Change | YTD 2025 | YTD 2026 | Change |
|---|---|---|---|---|---|---|
| New listings | 20 | 20 | 0.0% | 199 | 179 | −10.1% |
| Pending sales | 19 | 18 | −5.3% | 147 | 133 | −9.5% |
| Closed sales | 11 | 19 | +72.7% | 144 | 126 | −12.5% |
| Median sales price | $809,600 | $890,000 | +9.9% | $872,500 | $900,000 | +3.2% |
| % of original list price received | 98.1% | 97.1% | −1.0% | 99.4% | 99.1% | −0.3% |
| Days on market until sale | 29 | 37 | +27.6% | 27 | 26 | −3.7% |
| Homes for sale (inventory) | 23 | 19 | −17.4% | — | — | — |
| Months supply of inventory | 1.5 | 1.4 | −6.7% | — | — | — |
Condos & townhomes (attached) · ZIP 91942
| Metric | Sep 2025 | Sep 2026 | Change | YTD 2025 | YTD 2026 | Change |
|---|---|---|---|---|---|---|
| New listings | 14 | 20 | +42.9% | 157 | 173 | +10.2% |
| Pending sales | 5 | 8 | +60.0% | 85 | 100 | +17.6% |
| Closed sales | 4 | 9 | +125.0% | 87 | 101 | +16.1% |
| Median sales price | $501,500 | $575,000 | +14.7% | $563,000 | $557,450 | −1.0% |
| % of original list price received | 96.4% | 99.0% | +2.7% | 98.1% | 97.5% | −0.6% |
| Days on market until sale | 42 | 38 | −9.5% | 33 | 43 | +30.3% |
| Homes for sale (inventory) | 35 | 37 | +5.7% | — | — | — |
| Months supply of inventory | 3.6 | 3.3 | −8.3% | — | — | — |
YTD = January through September. Inventory and months of supply are end-of-month figures, so they have no year-to-date value.
La Mesa versus San Diego County
| Segment | Median price, YTD | % of list, YTD | Days on market, YTD | Months of supply |
|---|---|---|---|---|
| Houses · 91941 | $1,150,000 | 99.1% | 34 | 2.1 |
| Condos · 91941 | $521,500 | 97.4% | 44 | 6.6 |
| Houses · 91942 | $900,000 | 99.1% | 26 | 1.4 |
| Condos · 91942 | $557,450 | 97.5% | 43 | 3.3 |
| Houses · County | $1,100,000 | 98.5% | 36 | 2.4 |
| Condos · County | $665,000 | 97.5% | 44 | 4.0 |
See the San Diego County market report for the countywide trend.
What the money costs right now
Mortgage rates moved up sharply in late September. The Federal Reserve raised its benchmark rate a quarter point on September 16, to 3.75% to 4.00%, and Freddie Mac's 30-year average reached 7.40% on October 8, 2026. Compared with a year ago, that adds roughly 12% to the monthly principal and interest on the same loan.
Estimated monthly principal & interest, 20% down
| Price point | Price | Loan | Loan type | At 7.40% | At 6.30% |
|---|---|---|---|---|---|
| La Mesa house median (91941), YTD | $1,150,000 | $920,000 | High-balance conforming | $6,370 | $5,695 |
| La Mesa condo median (91941), YTD | $521,500 | $417,200 | Conforming | $2,889 | $2,582 |
| La Mesa house median (91942), YTD | $900,000 | $720,000 | Conforming | $4,985 | $4,457 |
| La Mesa condo median (91942), YTD | $557,450 | $445,960 | Conforming | $3,088 | $2,760 |
Principal and interest only, 30-year fixed, 20% down. Excludes property taxes, insurance, HOA dues and mortgage insurance. Rates are national weekly averages from Freddie Mac's Primary Mortgage Market Survey, not a quote; jumbo and high-balance loans are often priced differently. Loan limits from the Federal Housing Finance Agency (FHFA), 2026.
For sellers and buyers in La Mesa
If you're selling
- House sellers are in a strong position: under 2.5 months of supply in both ZIPs and prices up from last year.
- Sellers are getting about 99% of original list year to date.
- In 91942, with 1.4 months of supply, a well-prepared house should draw early interest.
If you're buying
- Be ready to act on houses, especially in 91942.
- At 7.40%, principal and interest on the 91942 house median ($890,000) runs about $4,930 a month with 20% down.
- Condos in 91942 offer a lower entry point and more negotiating room.
Common questions about the La Mesa market
Is La Mesa a buyer's or seller's market right now?
In ZIP 91941, houses had 2.1 months of supply at the end of September 2026, a seller's market, and condos had 6.6 months, a buyer's market. In ZIP 91942, houses had 1.4 months of supply at the end of September 2026, a seller's market, and condos had 3.3 months, a balanced market. Months of supply measures how long current listings would last at the recent sales pace; under three months favors sellers, three to six is balanced, and over six favors buyers.
What is the median home price in La Mesa?
In ZIP 91941, the median house price was $1,200,000 in September 2026 and $1,150,000 for the year to date (+8.5% from 2025). The condo median was $515,000 in September and $521,500 year to date. In ZIP 91942, the median house price was $890,000 in September 2026 and $900,000 for the year to date (+3.2% from 2025). The condo median was $575,000 in September and $557,450 year to date. Because only a few homes sell each month, the year-to-date median is the more reliable guide.
How much is the monthly payment on a median-priced home in La Mesa?
At the October 8, 2026 Freddie Mac average of 7.40% for a 30-year fixed loan, principal and interest on the 91941 year-to-date house median of $1,150,000 is about $6,370 a month with 20% down, versus about $5,695 at last year's 6.30%. Taxes, insurance and any HOA dues are extra.
Why does this La Mesa report use ZIP code 91941 and 91942?
La Mesa covers two ZIP codes: 91941 (La Mesa and Mount Helix) and 91942 (La Mesa and Grossmont). Both are shown. The San Diego MLS publishes its monthly market updates by ZIP code, which keeps the numbers consistent from month to month. For a closer read on a specific street, John can pull recent sales directly from the MLS.
What does this mean for your home?
ZIP-level numbers can't price a specific house. John can walk you through recent sales on your street in La Mesa and what they mean for you.
Call (619) 518-5421Get a free home valuationRead John's La Mesa neighborhood guide · San Diego County market report