San Francisco, CA Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

San Francisco, CA is a cooling market — favorable for buyers.

  • Prices have declined 2.3% — a strong buyer's market with room to negotiate.
  • Price-to-rent ratio: 30.0 — renting may be more affordable in the near term.

Median Home Value

$1,116,383

ZHVI

Year-over-Year

-2.3%

Price change

5-Year Change

+10.5%

Since 2021

Median Rent

$3,103/mo

ZORI

Active Listings

5,496

For sale

State Avg

$765,036

California

Home Value Trends

5-year Zillow Home Value Index for San Francisco, CA vs. state and national averages.

Rent Data

Median Rent

$3,103/mo

Rent YoY Change

+6.2%

Rent vs. Buy Calculator

Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.