| Rudy Flores · (619) 392-6714 · Real Estate Strategist, Realtor® · CalDRE #02257808 · Responsible Broker CalDRE #01481919
92118 REAL ESTATE – CORONADO ISLAND
Monthly Update

Coronado Market Update: July 2026

July 2026 in Coronado, in brief: a typical value of $2,538,108 in ZIP 92118, +6.0% against a year ago and +0.88% on the month. The regional gauge finished the month at “Leans sellers” (42/100).

MONTHLY UPDATE · SEPTEMBER 2026

July 2026 in Coronado, in brief: a typical value of $2,538,108 in ZIP 92118, +6.0% against a year ago and +0.88% on the month. The regional gauge finished the month at “Leans sellers” (42/100).

The month in brief

  • Homes for sale: 140 in ZIP 92118, higher than 135 a year earlier.
  • Price cuts: 22% of listings, against 20% the month before.
  • Market temperature: 45 out of 100 (higher means more competition), against 46 the month before.
  • Mortgage rates: the Freddie Mac 30-year averaged 6.54% in July 2026, against 6.49% the month before.

If you are buying

  • There were more listings to choose from than a year ago. Use the extra choice to compare condition and price.
  • Budget the whole payment: a typical $2,538,108 home at 6.54% costs about $12,890 in principal and interest alone.

If you are selling

  • About 22 in 100 listings needed a price reduction. Starting at the right price avoids chasing the market.
  • Your home’s own features decide its price. A personal report from Rudy compares it with the nearest sales.

Public data can tell you a lot about an area and nothing about a particular house. Treat this as background, and see the market reports for the longer history.

Your payment

What July 2026 rates meant for a payment

Principal and interest on ZIP 92118 homes with 20% down and a 30-year loan at the month’s average rate (6.54%).

Monthly payment by price tier, July 2026
TierTypical valueVs last monthVs a year agoMonthly principal and interest
Entry level$1,661,566+0.89%+6.2%$8,439
Typical$2,538,108+0.88%+6.0%$12,890
Upper tier$4,028,789+0.97%+5.9%$20,461

Property tax, insurance and dues are extra. An illustration, not a quote.

Talk to a lender. Rates, loan programs and approvals come from lenders, not from websites or real estate agents. Talk to your own mortgage broker, or use our preferred lender, Rodrigo Ballon with CrossCountry Mortgage, at 858-735-0255. You are always free to choose any lender you like, and you can verify any lender’s license at nmlsconsumeraccess.org.

Rates

Monthly average mortgage rate, twelve months

Freddie Mac’s 30-year rate, averaged by month; July 2026: 6.54%.

30-year fixed rate by month

Monthly average of Freddie Mac’s weekly survey

Average 30-year fixed mortgage rate by monthMonthly average of Freddie Mac’s 30-year rate for the twelve months ending July 2026.6%6.2%6.4%6.6%Aug ’25Oct ’25Dec ’25Feb ’26Apr ’26Jun ’26

Talk to a lender. Rates, loan programs and approvals come from lenders, not from websites or real estate agents. Talk to your own mortgage broker, or use our preferred lender, Rodrigo Ballon with CrossCountry Mortgage, at 858-735-0255. You are always free to choose any lender you like, and you can verify any lender’s license at nmlsconsumeraccess.org.

By the numbers

Values and activity in July 2026

Zillow’s monthly figures for ZIP 92118.

The ZIP codes in numbers, July 2026
ZIP codeTypical valueVs last monthVs a year agoHomes for salePrice cutsMarket temperature
ZIP 92118 Coronado$2,538,108+0.88%+6.0%14022%45
Typical home value, twelve months to July 2026Typical home value in ZIP 92118 for the twelve months ending July 2026.$2.40M$2.45M$2.50M$2.55MAug ’25Oct ’25Dec ’25Feb ’26Apr ’26Jun ’26

Keep reading

← June 2026 · All updates

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