San Francisco housing market
Typical home value
$1.12M
▲ 3.1% 1 yr
Typical rent
$3,445/mo
▲ 11.8% 1 yr
12-month forecast
+1.9%
#285 of 546 metros
Gross rent yield
3.7%
#531 of 546 · U.S. 6.3%
Days to pending
38 days
▼ −5 days 1 yr
Listings with a price cut
21%
▼ −0.2 pts 1 yr
Key takeaways
- 1The typical home is worth $1,120,379, up 3.1% in a year and up 3% over five years.
- 2Zillow forecasts home values rising 1.9% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $3,445/mo (+11.8% YoY), a 3.7% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $6,157/mo in principal and interest, $2,712 more than renting.
- 5Homes go under contract in 38 days (−5 days vs last year); 21% of listings have had a price cut.
Market temperature
Seller's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 65/100, #13 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How San Francisco compares
| Measure | San Francisco | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +3.1% | +1.2% | #195 |
| Home value, 5-yr change | +2.7% | +19.7% | |
| 12-month forecast | +1.9% | +1.1% | #285 |
| Rent, 1-yr change | +11.8% | +2.7% | #6 |
| Gross rent yield | 3.7% | 6.3% | #531 |
| Price-to-rent ratio | 27.1 | 15.8 | |
| Mortgage P&I on typical home | $6,157 | $2,012 | |
| Income needed to buy | $294,231 | $100,902 | |
| Days to pending | 38 | 56 |
Cities in the San Francisco metro
46 cities with home value and rent data.
| San Francisco | $1.44M | ▲ 15.5% | $4,784 | ▲ 26.4% | 4.0% |
| Oakland | $711K | ▲ 0.6% | $2,758 | ▲ 10.8% | 4.7% |
| Fremont | $1.44M | ▼ 1.5% | $3,388 | ▲ 6.0% | 2.8% |
| Hayward | $816K | ▼ 2.4% | $2,652 | ▲ 3.9% | 3.9% |
| Concord | $721K | ▲ 0.2% | $2,569 | ▲ 3.2% | 4.3% |
| Richmond | $601K | ▼ 1.0% | $2,538 | ▲ 3.0% | 5.1% |
| Berkeley | $1.44M | ▲ 8.0% | $2,853 | ▲ 3.6% | 2.4% |
| Antioch | $590K | ▼ 0.7% | $2,814 | ▲ 2.0% | 5.7% |
| San Leandro | $798K | ▼ 0.4% | $2,517 | ▲ 3.2% | 3.8% |
| San Mateo | $1.67M | ▲ 5.7% | $3,968 | ▲ 10.8% | 2.8% |
| Daly City | $1.12M | ▲ 3.9% | $3,046 | ▲ 11.4% | 3.3% |
| Redwood City | $1.87M | ▲ 6.7% | $4,301 | ▲ 9.2% | 2.8% |
| Livermore | $1.07M | ▼ 2.3% | $3,066 | ▲ 5.3% | 3.4% |
| Pittsburg | $559K | ▼ 0.8% | $2,429 | ▲ 3.6% | 5.2% |
| Walnut Creek | $990K | ▲ 1.3% | $2,924 | ▲ 4.8% | 3.5% |
| San Ramon | $1.45M | ▼ 3.0% | $3,121 | ▲ 6.2% | 2.6% |
| Pleasanton | $1.5M | ▼ 3.0% | $3,175 | ▲ 7.2% | 2.5% |
| Brentwood | $782K | ▼ 0.9% | $3,420 | ▲ 4.4% | 5.2% |
| San Rafael | $1.31M | ▲ 3.0% | $3,166 | ▲ 4.2% | 2.9% |
| Alameda | $1.15M | ▲ 2.1% | $2,876 | ▲ 5.9% | 3.0% |
| Union City | $1.2M | ▼ 1.9% | $2,913 | ▲ 7.8% | 2.9% |
| South San Francisco | $1.22M | ▲ 3.6% | $4,141 | ▲ 19.2% | 4.1% |
| Dublin | $1.23M | ▼ 5.5% | $3,325 | ▲ 6.1% | 3.2% |
| Novato | $1.06M | ▲ 2.0% | $3,969 | ▲ 4.8% | 4.5% |
| Danville | $1.82M | ▲ 0.2% | $4,324 | ▲ 3.0% | 2.8% |
| Castro Valley | $1.09M | ▲ 1.2% | $3,011 | ▲ 7.4% | 3.3% |
| Martinez | $750K | ▼ 1.3% | $2,509 | ▲ 1.8% | 4.0% |
| Newark | $1.19M | ▼ 2.4% | $3,670 | ▲ 4.7% | 3.7% |
| San Bruno | $1.29M | ▲ 3.8% | $3,346 | ▲ 10.1% | 3.1% |
| Menlo Park | $2.9M | ▲ 10.1% | $4,277 | ▲ 10.7% | 1.8% |
| Oakley | $654K | ▼ 0.5% | $3,294 | ▲ 2.2% | 6.0% |
| Pacifica | $1.25M | ▲ 2.4% | $3,594 | ▲ 9.3% | 3.4% |
| Pleasant Hill | $973K | ▲ 1.3% | $3,042 | ▲ 5.8% | 3.8% |
| Foster City | $1.85M | ▲ 2.1% | $4,450 | ▲ 12.0% | 2.9% |
| Burlingame | $2.85M | ▲ 11.6% | $4,119 | ▲ 13.7% | 1.7% |
| San Carlos | $2.45M | ▲ 8.4% | $4,248 | ▲ 8.3% | 2.1% |
| Mill Valley | $2.18M | ▲ 10.2% | $4,617 | ▲ 8.8% | 2.5% |
| Lafayette | $1.91M | ▲ 3.5% | $3,372 | ▲ 0.4% | 2.1% |
| Belmont | $2.26M | ▲ 5.5% | $3,798 | ▲ 12.5% | 2.0% |
| El Cerrito | $1.12M | ▲ 3.4% | $2,551 | ▲ 6.0% | 2.7% |
| Hercules | $736K | ▼ 0.7% | $3,209 | ▲ 7.3% | 5.2% |
| Millbrae | $2.05M | ▲ 7.4% | $4,081 | ▲ 17.7% | 2.4% |
| Albany | $1.24M | ▲ 6.2% | $2,694 | ▲ 5.8% | 2.6% |
| Sausalito | $1.59M | ▲ 3.9% | $3,984 | ▲ 6.9% | 3.0% |
| Emeryville | $429K | ▼ 6.3% | $3,104 | ▲ 9.5% | 8.7% |
| Larkspur | $2.18M | ▲ 9.4% | $4,469 | ▲ 23.9% | 2.5% |
Run the numbers
Rental property calculator
Cash flow on a typical San Francisco rental ($1.12M, $3,445/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical San Francisco home.
Rent vs buy
Is it cheaper to rent or buy in San Francisco?
Renting out a property in California? See deposit limits, late fee rules and notice periods.
Other California metros
Los Angeles, CA
$950K home$2,929 rent3.7% yield
▲ 1.3% 1 yr
Riverside, CA
$580K home$2,533 rent5.2% yield
▲ 0.6% 1 yr
San Diego, CA
$927K home$2,967 rent3.8% yield
▲ 0.8% 1 yr
Sacramento, CA
$573K home$2,269 rent4.8% yield
■ 0.0% 1 yr
San Jose, CA
$1.52M home$3,812 rent3.0% yield
▲ 0.2% 1 yr
Fresno, CA
$404K home$2,052 rent6.1% yield
▲ 1.1% 1 yr
Bakersfield, CA
$360K home$1,822 rent6.1% yield
■ 0.0% 1 yr
Oxnard, CA
$870K home$2,955 rent4.1% yield
▲ 1.1% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.