San Francisco, CA Housing Market

San Francisco, CA's median home value is $1.1M, up 1.9% over the past year. Homes here sell in a median 32 days. Its PropertyIQ Score of 56 sits right around the state average of 50.

Whether you're considering buying a home, investing in rental property, or weighing entry timing in the San Francisco, CA area, the PropertyIQ Score gives you a single, data-first read on relative market strength. It is validated against actual market outcomes from 2001 to 2023, with a positive score-to-return relationship in every validated year across CA and every other US state.

Pacific Coast housing markets feature the nation's highest price points alongside strong wage growth from technology, entertainment, and trade sectors. Supply constraints from geographic barriers and regulatory environments create persistent affordability challenges but also strong long-term appreciation potential. Within the Pacific, San Francisco, CA's PropertyIQ Score of 56 tracks near the Pacific norm.

California's housing market is defined by extreme supply-demand imbalance, with CEQA regulations and geographic constraints limiting new construction. Despite affordability challenges, strong wage growth in tech and entertainment sectors sustains prices.

The PropertyIQ Score for the San Francisco, CA market is built from four inputs: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all metro markets nationally and calibrated so 50 equals the state average — a score above 50 means this market is positioned to outperform its state, and a score below 50 means it is set to lag.

Explore the interactive map to see how San Francisco, CA compares to neighboring metros, or view the full market dashboard for detailed analytics including time-series trends, score breakdowns, and AI-generated market reports.