Rates and prices tell one story together. This article lines up Coronado’s typical home value with the average 30-year mortgage rate from 2000 to today, and computes the payment each pairing would have meant.
Six snapshots and today
| Year | Typical value (ZIP 92118) | Average rate that year | Monthly principal and interest |
|---|---|---|---|
| 2000 | $686,092 | 8.05% | $4,048 |
| 2005 | $1,360,339 | 5.87% | $6,432 |
| 2010 | $1,058,279 | 4.69% | $4,386 |
| 2015 | $1,427,121 | 3.85% | $5,353 |
| 2020 | $1,701,208 | 3.11% | $5,820 |
| 2023 | $2,439,902 | 6.81% | $12,734 |
| Aug 2026 | $2,563,759 | 7.03% | $13,687 |
Home values are Zillow’s year-end readings (December where available); rates are the year’s average of Freddie Mac’s weekly survey. The lowest payment among the snapshots was $4,048 in 2000, when the typical value was $686,092 and the rate averaged 8.05%.
The payment through time
Values and rates do not always move together. The chart applies each month’s average rate to that month’s typical value.
Nominal dollars, not adjusted for inflation. The comparison illustrates the past and does not forecast where either number goes next.
More on rates
For the decade-by-decade rate history, read Rudy’s mortgage rates through the decades, and see the Coronado market report for the cycles in values.
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.
About the data
The rate used is Freddie Mac’s national weekly average for Sep 24, 2026 (source), and values come from the Zillow Home Value Index. Your own rate depends on your credit, your loan and your lender, so use these figures for orientation only.
More on interest rates
- The Fed's Rate Decisions vs. Mortgage Rates: What Is the Difference? — The Federal Reserve sets one short-term rate. Mortgage rates follow a different set of forces. Here is how the two relate, with the recent decisions.
- Fixed Rate, Adjustable Rate and Buydowns: The Basics — How the main loan structures work, and what a temporary or permanent rate buydown means.
General information, not financial advice.
Related reading
- Mortgage Payment Calculator — See your real monthly payment: principal, interest, taxes, insurance and HOA in one number.
- Coronado Home Values Through the Cycles, 2000 to Today (ZIP 92118) — ZIP 92118 (Coronado) market report: typical home value $2.56M in Aug 2026, plus the long-run cycles and this…
- Buying a Home in Coronado Island: What to Know — Live numbers, loan limits and local notes for buyers in Coronado Island, plus your next steps.
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