Mission Hills Market ReportSeptember 2026
Fewer houses for sale, and they're selling closer to asking. Monthly figures for Mission Hills from the San Diego MLS, with current mortgage rates and what they mean for buyers and sellers.
Fewer houses for sale, and they're selling closer to asking
Mission Hills houses are scarcer than a year ago. There were 32 houses for sale in 92103 at the end of September, down from 41, which works out to 2.6 months of supply — firmly seller's-market territory.
September's house median of $1,750,000 looks like a big drop from last September's $2,150,000, but it rests on just 11 sales each month. The year-to-date median, built on 121 sales, is the steadier number: $1,750,000, up 0.7%. Sellers are also getting closer to their price — 97.0% of original list so far this year, versus 94.7% in 2025 — and homes are selling about nine days faster.
Condos in the ZIP — mostly Hillcrest — are a different story. Inventory jumped 29% to 71 units and months of supply rose to 4.0, so condo buyers have more choice and more room to negotiate than house buyers do.
Where Mission Hills moved
The full Mission Hills numbers
Houses (detached) · ZIP 92103
| Metric | Sep 2025 | Sep 2026 | Change | YTD 2025 | YTD 2026 | Change |
|---|---|---|---|---|---|---|
| New listings | 26 | 27 | +3.8% | 197 | 198 | +0.5% |
| Pending sales | 10 | 13 | +30.0% | 117 | 120 | +2.6% |
| Closed sales | 11 | 11 | 0.0% | 116 | 121 | +4.3% |
| Median sales price | $2,150,000 | $1,750,000 | −18.6% | $1,737,500 | $1,750,000 | +0.7% |
| % of original list price received | 93.3% | 94.9% | +1.7% | 94.7% | 97.0% | +2.4% |
| Days on market until sale | 52 | 51 | −1.9% | 42 | 33 | −21.4% |
| Homes for sale (inventory) | 41 | 32 | −22.0% | — | — | — |
| Months supply of inventory | 3.4 | 2.6 | −23.5% | — | — | — |
Condos & townhomes (attached) · ZIP 92103
| Metric | Sep 2025 | Sep 2026 | Change | YTD 2025 | YTD 2026 | Change |
|---|---|---|---|---|---|---|
| New listings | 30 | 28 | −6.7% | 300 | 338 | +12.7% |
| Pending sales | 16 | 17 | +6.3% | 174 | 174 | 0.0% |
| Closed sales | 17 | 17 | 0.0% | 170 | 168 | −1.2% |
| Median sales price | $749,000 | $745,000 | −0.5% | $800,000 | $765,000 | −4.4% |
| % of original list price received | 95.8% | 97.7% | +2.0% | 96.9% | 97.5% | +0.6% |
| Days on market until sale | 49 | 25 | −49.0% | 41 | 36 | −12.2% |
| Homes for sale (inventory) | 55 | 71 | +29.1% | — | — | — |
| Months supply of inventory | 2.9 | 4.0 | +37.9% | — | — | — |
YTD = January through September. Inventory and months of supply are end-of-month figures, so they have no year-to-date value.
Mission Hills versus San Diego County
| Segment | Median price, YTD | % of list, YTD | Days on market, YTD | Months of supply |
|---|---|---|---|---|
| Houses · 92103 | $1,750,000 | 97.0% | 33 | 2.6 |
| Condos · 92103 | $765,000 | 97.5% | 36 | 4.0 |
| 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% |
|---|---|---|---|---|---|
| Mission Hills house median, YTD | $1,750,000 | $1,400,000 | Jumbo | $9,693 | $8,666 |
| Mission Hills condo median, YTD | $765,000 | $612,000 | Conforming | $4,237 | $3,788 |
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 Mission Hills
If you're selling
- Price against this year's sales, not one month's median — the September figure moves with which 11 houses happened to close.
- Houses that are priced right are getting close to list (97.0% of original price year to date) and selling in about a month.
- If your home sits on a historic-district block, buyers will ask what they can change. Have the answer ready.
If you're buying
- Expect competition for well-kept houses: only 2.6 months of supply.
- At 7.40%, principal and interest on the house median runs about $9,700 a month with 20% down — and the loan is a jumbo above $1,104,000.
- If a condo fits, the 92103 condo market gives you more leverage: 71 listings and 4.0 months of supply.
Common questions about the Mission Hills market
Is Mission Hills a buyer's or seller's market right now?
In ZIP 92103, houses had 2.6 months of supply at the end of September 2026, a seller's market, and condos had 4.0 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 Mission Hills?
In ZIP 92103, the median house price was $1,750,000 in September 2026 and $1,750,000 for the year to date (+0.7% from 2025). The condo median was $745,000 in September and $765,000 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 Mission Hills?
At the October 8, 2026 Freddie Mac average of 7.40% for a 30-year fixed loan, principal and interest on the year-to-date house median of $1,750,000 is about $9,693 a month with 20% down, versus about $8,666 at last year's 6.30%. Taxes, insurance and any HOA dues are extra.
Why does this Mission Hills report use ZIP code 92103?
Mission Hills shares ZIP code 92103 with Hillcrest, so these figures cover both neighborhoods. Most of the ZIP's single-family homes sit in Mission Hills; most of its condominiums sit in Hillcrest. 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 Mission Hills and what they mean for you.
Call (619) 518-5421Get a free home valuationRead John's Mission Hills neighborhood guide · San Diego County market report