Why Live in Bankers Hill
Bankers Hill in San Diego offers a blend of suburban tranquility and urban convenience, with its proximity to Downtown San Diego and Balboa Park. The neighborhood features a mix of 19th- and early 20th-century homes and modern midrise condos, many with ocean views. Housing options range from historic single-family homes to contemporary condos, with prices varying based on location and views. The area is known for its local restaurants along Fifth Avenue, some dating back to the 1940s, and attractions like the historic Casbah music venue in nearby Little Italy. Balboa Park, forming the neighborhood’s eastern border, provides residents with access to museums, arts centers, gardens, and the renowned San Diego Zoo. The park’s paved trails and Spanish Renaissance architecture add to the neighborhood’s charm. Bankers Hill is also home to the annual San Diego Saint Patrick’s Day Parade and the Bankers Hill Art and Craft Beer Festival. Local schools, including Florence Elementary, Roosevelt International Middle, and San Diego High, are highly rated. The neighborhood's walkability is enhanced by broad sidewalks, separated bikeways, and pedestrian bridges like the Quince Street and Spruce Street bridges. Commuters benefit from easy access to Interstate 5 and State Route 163, with the San Diego International Airport just 2 miles west. Residents can report safety concerns to the Bankers Hill Community Group, which maintains a neighborhood watch program.
Home Trends in Bankers Hill, CA
On average, homes in Bankers Hill, San Diego sell after 42 days on the market compared to the national average of 52 days. The median sale price for homes in Bankers Hill, San Diego over the last 12 months is $1,356,250, up 25% from the median home sale price over the previous 12 months.
Median Sale Price
$1,356,250
Median Single Family Sale Price
$2,175,000
Median Townhouse Sale Price
$1,462,500
Median 2 Bedroom Sale Price
$1,082,000
Median 1 Bedroom Sale Price
$573,500
Median Studio Sale Price
$506,000
Average Price Per Sq Ft
$833
Number of Homes for Sale
31
Last 12 months Home Sales
106
Median List Price
$1,500,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
25%