| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $957,475 | -1.8% YoY |
| Median price per sq ft | $627 | 1,577 sq ft median |
| Median days on market | 37 | -10% YoY |
| Active listings | 5,840 | -11% YoY |
| New listings this month | 3,760 | September 2026 |
| Listings with a price cut | 13% | Share of active |
| Median sale price (closed) | $1.6M | +6.5% YoY · closed sales, July 2026 |
| Sale-to-list ratio | 109.1% | Closed sales, July 2026, seasonally adjusted |
| Pending-to-active ratio | 41.9% | 2,445 pending |
| Inventory vs 2019 | 97% | Active listings vs same month in 2019 |
| Gross rental yield | 4.0% | 2BR fair market rent |
Global gateway market · California · September 2026 data
What is the San Francisco, CA real estate market doing?
As of September 2026, the median home listed in San Francisco, CA asks $957,475, down 1.8% year over year. Homes spend a median of 37 days on market, with 5,840 active listings and 13% carrying a price cut; pending contracts equal 42% of active listings, and inventory sits at 97% of the same month in 2019 — a seller's market. Estimated gross rental yield on the median listing is 4.0%. Figures come from public records and industry data, updated monthly.
Median listing price
$957,475
▼ 1.8% YoY
Median $ / sq ft
$627
1,577 sq ft median
Median days on market
37
September 2026
Active listings
5,840
For sale now
New listings
3,760
September 2026
Listings with price cuts
13%
Share of active
Inventory vs 2019
97%
Same month, 2019 = 100
Pending / active
42%
Contract activity
Median sale price (closed)
$1.6M
▲ 6.5% YoY · closed sales · July 2026
Sale-to-list ratio
109.1%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
899
Closed sales · July 2026, seasonally adjusted
What is the San Francisco, CA housing market doing right now?
The San Francisco, CA housing market lists at a $957,475 median as of September 2026, down 1.8% year over year, with a 37-day median market time and 5,840 homes for sale (13% with a price cut). Active inventory is 97% of the 2019 level, reading as a seller's market under WealthyBud's published buyer/seller rule. Gross rental yield is about 4.0%.
San Francisco housing market statistics
The table summarizes San Francisco's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for San Francisco.
How have home prices changed in San Francisco?
San Francisco home prices are down 1.8% year over year and +5.1% month over month as of September 2026, at a $957,475 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, San Francisco CA · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, San Francisco CA · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in San Francisco?
San Francisco has 5,840 active listings, 3,760 new this month, 2,445 pending as of September 2026. About 13% of active listings have cut their price, and inventory sits at 97% of its 2019 level — a seller's market by pace.
Is San Francisco a good real estate investment?
San Francisco scores 53/100 on WealthyBud's composite Investor Score, ranking #387 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
53/100
#387 of 933 covered metros
San Francisco scores 53/100 on our composite Investor Score (#387 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; at the published FY2026 fair market rent of $3,187/mo for a two-bedroom, the gross rental yield on the median listing is about 4.0%; active inventory sits at 97% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 1.8% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how San Francisco ranks on the trending markets index.
How much is a monthly mortgage payment in San Francisco?
A home at San Francisco's $957,475 median listing runs about $5,241 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$4,731/mo
−$510/mo vs today
At today's rate · 7.28%
$5,241/mo
National weekly average
If rates rise 1% · 8.28%
$5,771/mo
+$530/mo vs today
Principal & interest on the $957,475 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in San Francisco?
To buy San Francisco’s $957,475 median listing with 20% down, a household needs about $250,000 a year in gross income, keeping principal, interest and property tax ($5,823/mo) at 28% of income. That is 1.9× the area’s $133,780 median household income, so a typical San Francisco household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $957,475 | September 2026 |
| Down payment (20%) | $191,495 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $5,241/mo | Rate as of 2026-10-01 |
| Property tax (0.73% effective rate) | $582/mo | Census ACS |
| Income needed (28% rule) | $250,000 | Gross household income / yr |
| Median household income | $133,780 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the San Francisco housing market?
Longer-run demand in San Francisco shows up in 7,804 homes permitted in 2025; net migration of -39,483 residents; +0.6% job growth. Natural-hazard risk rates Very High. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
7,804
▲ 33.9% vs 2024
1.7 per 1,000 residents
Net migration (2022–2023)
-39,483
▼ people, via tax-return records
net income flow −$4709.8M/yr
Job growth (YoY)
+0.6%
▲ 2,427.2k nonfarm jobs · August 2026
Natural-hazard risk
Very High
National hazard index · top hazard: Earthquake
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
What is the latest San Francisco real estate news?
AI wealth boom sending San Francisco home prices surging: ‘It’s ridiculous’The Guardian · 2026-06-11→San Francisco housing inventory shrinks as buyer demand lifts home salesSan Francisco Chronicle · 2026-06-14→Real Estate Market Trends in San Francisco, CA: Prices FallRealtor.com · 2026-06-06→AI gold rush upends San Francisco housing marketYahoo Finance UK · 2026-06-10→
San Francisco's housing market shows conflicting signals of rising prices due to AI wealth and shrinking inventory, alongside reports of falling prices. — AI-generated summary of the headlines above; read the linked coverage before relying on it.
Headlines collected 2026-07-05; each links to the original publisher.
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San Francisco by ZIP code
Median price, pace and inventory for 37 San Francisco ZIPs — the spread behind the metro number.
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The highest-producing real estate agents in San Francisco, ranked by recent sales.
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The groups setting production records nationwide.
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Hours, exam and the commission that regulates California agents.
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What real estate agents actually earn across California.
ReadSan Francisco housing market FAQ
What is the median home price in San Francisco?
As of September 2026, the median listing price in San Francisco, CA is $957,475, down 1.8% year over year (source: public records and industry data).
How much does it cost to buy a home in San Francisco?
The median home listed in San Francisco asks $957,475 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $5,241 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in San Francisco?
The median property in San Francisco spends 37 days on the market, with 5,840 homes actively listed and 13% of them carrying a price cut — a seller's market as of September 2026.
Is it a buyer's or seller's market in San Francisco?
With a median 37 days on market and 13% of active listings carrying a price cut, pending contracts at 42% of active listings, San Francisco reads as a seller's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is San Francisco a good place to invest in real estate?
San Francisco scores 53/100 on WealthyBud's Investor Score, ranking #387 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in San Francisco?
See WealthyBud directories for the top-producing agents, teams and brokerages serving San Francisco and the wider California market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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