Balboa Park, CA Real Estate & Homes for Sale in Balboa Park-San Diego


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Homes for Sale in Balboa Park-San Diego

Balboa Park Real Estate & Homes for Sale in San Diego, California

Balboa Park is located in San Diego County just less than 10 minutes from the heart of San Diego's downtown district. Approximately 1,160 residents live in the vicinity of Balboa Park, which is known the world over for its vast collection of attractions, museums, and areas of interests. Future homebuyers looking to invest in real estate near Balboa Park and the downtown district region will find that average sales prices currently hover in the low $370,000 range. Real estate options include high-rise condos and townhomes, penthouses, single-family homes, and investment properties.

Built in 1868 and totaling 1,200 acres, Balboa Park is a National Historic Landmark and National Historic Landmark District, and is listed on the National Register of Historic Places. The park is a popular place to visit as it is home to a variety of cultural attractions that cater to visitors young and old, including the San Diego Zoo, Old Globe Theatre, San Diego Air & Space Museum, San Diego Natural History Museum, Japanese Friendship Garden, Zoro Garden, Balboa Stadium, and the Starlight Bowl, among a long list of others.

The city of San Diego serves as the county seat and is the primary economic stronghold for the county. Residents of the Balboa Park area are fortunate to live in an area where the economy is strong and based primarily in military and defense-related sectors, manufacturing and trade, tourism and retail. Additionally, with the presence of the University of California-San Diego's Medical Center, research and biotechnology also contribute greatly to the county's economy. Furthermore, residents have plenty of options when it comes to education, culture, recreation, entertainment, and fine and casual dining here in San Diego.

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Balboa Park-San Diego Real Estate Market: Prices of Houses for Sale in Balboa Park

Balboa Park's real estate market is diverse and offers the best of the San Diego lifestyle that one could ask for. Average listing prices for homes and properties in the Balboa Park area range in the $725,000s while average sales prices run in the high $370,000s. If you're thinking about living near the booming downtown district of San Diego, consider investing in a townhome or condo property; prices start from the low $150,000s to upwards of $5.5 million. The Balboa Park area also has a spectacular selection of single-family homes for sale with prices ranging between $150,000 and $3 million. Very little land property is available in the Balboa Park area but when it is available, expect prices to run in the $550,000s.

Balboa Park-San Diego Real Estate Stats and Trends for the week of October 18th, 2019: homes priced around $1,387,000 compared to $1,387,000 the previous week, to remain steady with no change in listing price.  For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.