San Francisco - CA housing market

The typical San Francisco home is worth $1,120,379 as of September 2026, up 0.6% from the prior month, up 1.4% over three months, and up 3.1% from a year ago. Over the past two years values have ranged from $1,087,026 to $1,128,838.

Homes are going pending in about 16 days, slower than the 15 days seen three months earlier. There are roughly 8,131 homes for sale, 13% fewer than a year ago. 21.2% of listings have taken a price cut (up from 19.2% three months ago).

Typical rent is $3,445 a month, up 11.8% year over year, which puts the price-to-rent ratio at 27.1.

At this week's 7.40% mortgage rate with 20% down ($224,076), the typical San Francisco home costs about $7,606 a month including tax and insurance, which needs a household income of roughly $326,000 to stay under a 28% payment-to-income ratio.

The typical home value ($1,120,379) is the Zillow Home Value Index for the San Francisco - CA metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 3.1% over the past year. In San Francisco - CA, that means a home worth $1,086,692 last year is now worth roughly $1,120,379.

The median sale price, what homes actually close for, is $1,139,504. Homes are selling at 106.1% of list price, meaning buyers are typically paying at or above asking.

Homes listed in San Francisco - CA sit on the market for roughly 16 days before going pending. Shorter = seller's market; longer = buyer's market.

About 21.2% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 2,990 new listings hit the market each month in San Francisco - CA. There are currently 8,131 homes for sale, down 12.7% from a year ago.

The typical monthly rent in San Francisco - CA is $3,445, up 11.8% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 27.1x, renting territory (#4 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $6,206 a month in principal and interest, $2,761 more than renting before taxes, insurance and upkeep. The two break even at a 2.29% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →