San Francisco housing market: median home price and forecast
San Francisco home prices: in San Francisco, California a typical home was valued at $1,441,021 in September 2026 per the Zillow Home Value Index, +15.5% higher than a year earlier and −2.7% beneath a $1,481,613 peak reached in May 2022.
- Value of the typical home
- $1,441,021September 2026, Zillow ZHVI
- Change over 12 months
- +15.5%. compared with the month of September 2025.
San Francisco home prices since 2000
San Francisco is the steel line, and the United States is the grey line. The typical San Francisco home went from $406,830 in January 2000 to $1,441,021, ×3.54, while the US reached ×2.99 over those months. The boom peak was $800,540 in November 2007, and the low was $609,612 in January 2012, −23.8%.
San Francisco median home price by year
Each year averages twelve monthly values; for 2026 only the latest month is shown.
| Year | San Francisco | Change on the year | United States |
|---|---|---|---|
| 2000 | $440,602 | $125,745 | |
| 2001 | $523,931 | +18.9% | $134,899 |
| 2002 | $534,269 | +2.0% | $144,276 |
| 2003 | $573,841 | +7.4% | $155,308 |
| 2004 | $645,760 | +12.5% | $169,891 |
| 2005 | $753,082 | +16.6% | $189,732 |
| 2006 | $783,598 | +4.1% | $206,531 |
| 2007 | $792,345 | +1.1% | $208,449 |
| 2008 | $756,922 | −4.5% | $195,574 |
| 2009 | $678,276 | −10.4% | $177,542 |
| 2010 | $663,394 | −2.2% | $171,462 |
| 2011 | $622,692 | −6.1% | $162,508 |
| 2012 | $656,526 | +5.4% | $161,137 |
| 2013 | $791,848 | +20.6% | $171,420 |
| 2014 | $910,549 | +15.0% | $182,996 |
| 2015 | $1,065,902 | +17.1% | $192,738 |
| 2016 | $1,140,787 | +7.0% | $204,509 |
| 2017 | $1,174,507 | +3.0% | $216,767 |
| 2018 | $1,285,006 | +9.4% | $230,541 |
| 2019 | $1,287,375 | +0.2% | $242,088 |
| 2020 | $1,327,537 | +3.1% | $257,151 |
| 2021 | $1,369,731 | +3.2% | $295,959 |
| 2022 | $1,419,579 | +3.6% | $340,014 |
| 2023 | $1,258,129 | −11.4% | $348,160 |
| 2024 | $1,247,865 | −0.8% | $359,751 |
| 2025 | $1,258,399 | +0.8% | $362,959 |
| September 2026 | $1,441,021 | +15.5% | $366,157 |
What today's value is for a home bought in San Francisco in any year
This is an index-based estimate, not an appraisal, for a typical home.
A year's figure averages its twelve monthly index values; today's value is September 2026. More tools: home appreciation calculator.
Are you thinking of selling? Check how local agents compare on Realtor.com. Advertising disclosure: links like this one may pay the site, and that payment never changes a number. Disclosure.
San Francisco housing market forecast
In the San Francisco, CA metro, Zillow's forecast is +1.9% over 12 months from September 2026; the next three months show +0.5%. With San Francisco's typical value at $1,441,021, the forecast points to about $1,468,400 one year on.
Zillow's central estimate is restated here for the metro; the site does not publish any forecast of its own. Such a 12-month forecast has typically been off by several percentage points, in either direction. This is not investment advice.
Every metro's forecast side by side in one table: housing market forecast.
San Francisco housing market crash risk score
Score: 55 of 100, on the high side.
The score ranks San Francisco in comparison with the 292 cities, using five conditions that were high before earlier price falls. Each input is scored between 0 and 100 by comparing it with the other cities; the five scores are averaged with equal weight. It shows conditions as they are now, and it does not forecast a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | −2.8% | 40 | 20% |
| Days on the market vs 2019 | +5.7% | 51 | 20% |
| Price-to-rent ratio | 25.1 | 85 | 20% |
| Price-to-income ratio | 10.3 | 97 | 20% |
| 12-month price change | +15.5% | 0 | 20% |
This is not investment advice. The scoring method for the inputs: methodology. The full ranking of all 292 cities: crash risk list.
San Francisco inventory and days on market
In September 2026 the San Francisco, CA metro counted 5,840 homes for sale, −10.9% versus a year earlier and −2.8% versus the same month of 2019. Of listings, 13.4% had a price cut, and the median time to sell one was 37 days (+5.7% against 2019).
| San Francisco, CA metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 5,840 | −10.9% |
| New listings | 3,760 | |
| Median days on market | 37 | −9.8% |
| Median list price | $957,475 | −1.8% |
| Share with a price cut | 13.4% |
Metro inventory from Realtor.com® Economic Research. Realtor.com figures. All metro areas: days on market by city.
San Francisco cost of living
The Zillow Observed Rent Index puts the typical asking rent in San Francisco at $4,784 a month, +26.4% on a year. 25.1 years of that rent comes to the cost of the typical home. The median household income of $139,801 (Census ACS 2024) means the typical home costs 10.3 times one year's income. For the metro, BEA puts prices at 115.6 compared with a US average of 100, while housing costs come to 194.7.
Rent, prices, and the salary a person needs to move there: living costs in San Francisco.
More housing markets in California
- $927,891 for Los Angeles.
- $980,490 for San Diego.
- $1,353,869 for San Jose.
- $384,885 for Fresno.
- $470,552 for Sacramento.
- Long Beach $852,391
- $710,647 for Oakland.
- $385,686 for Bakersfield.
- $941,684 for Anaheim.
- $422,451 for Stockton.
All of California: California housing market.
How to read the chart
Each dot plots the Zillow Home Value Index for San Francisco, the worth of a typical home in the market's middle third, smoothed and seasonally adjusted, in that month's dollars. A hollow dot shows the month picked on the slider, while the terracotta dot shows the most recent month. No adjustment for inflation is made to these figures, and an index tracks the typical home rather than one particular house: find what a single home is worth from its own sale price using the card above it or with the home appreciation calculator.