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Chula Vista real estate market overview
- Average Monthly Rent: $2,448
- Home Price/Value Percentage Change: 1.20%
- Median Home Value: $755,551
- Best Time To Sell a Home: September
- Affordability Index: Low
- Days To Sell a House: 60
- Job Market: Fair
- Public School Ranking: 40
Location and weather
Chula Vista lives up to its nickname, "Pretty View", as it lies on the eastern shore of San Diego Bay. Situated in San Diego county, it is the second largest city in the San Diego metropolitan area. With incredible views and a thriving out-door culture, Chula Vista residents often hike on trails at the Rice Canyon Trail, visit the Living Coast Discovery Center, the Chula Vista Bayside Park, or the Mountain Hawk Park. It is also home to a year-round Olympic Training Center.
Chula Vista summers are short, warm, and arid, while the winters are long and cool. Summer temperatures are in the high 70's, with lows in the mid-60's. Winter temperatures are in the mid-60's, with lows in the 40's.
Population, job market and cost of living
Chula Vista's population in 2023 is 284,958, with a growth rate of 3.44%.
The job growth has decreased by -8.62% over the last year and in ten years, is predicted to have increased by 33.72%. The major industries are healthcare, social assistance, retail trade, accommodations and food services. The largest companies to work for are Maxell Pro AV, David Allen Capital, Mueller Elementary School, Sweetwater Union High School District and Autism Respite, Camp and Childcare Center LLC.
The cost of living is high, due to the Chula Vista real estate market and cost of available housing. With its breathtaking scenery, variety of out-door parks and attractions, rapid population growth and consistent climate, Chula Vista creates the perfect environment for someone looking to reside in a beautiful city on the bay.
Chula Vista real estate market details
- Castle Park
- Otay Ranch Village
- Central Chula Vista
- Eastlake Woods
- Lynwood Hills
The average monthly rent in Chula Vista is $2,448 for an average apartment size of 876 sq. feet.
There has been a 1.2% increase in median home value over the last year. As of 2023, the median home value is $755,551.
On average, homes in Chula Vista sell after 60 days on the market.
Home sales in September are more profitable, while home sales in July are the quickest.
The affordability index in Chula Vista is 149. This number indicates low affordability in this city.
The top ranked public schools are Eastlake High School, Olympian High School, Otay Ranch Senior High School, Rancho del Rey Middle School and Eastlake Middle School. This information is supported by data measuring academic performance and equity. This information is based on data measuring academic performance and equity.