San Francisco, CA 94112 Real Estate Market Report

ZIP Code: 94112
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in San Francisco are averaging 6.37%, which is 0.29% higher than the 6.08% average observed earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary indicator of market value and recent transactions is the median sold price: $998,000, which should be treated as the representative recent sale benchmark for valuation and comps in this neighborhood. representative recent sale

2. There is a noticeable gap between the median listing price ($1,049,000) and the median sold price ($998,000), which appears to indicate pricing friction where seller expectations exceed recent transaction-level pricing. pricing gap

3. Liquidity appears muted on a velocity basis: the median days on market is 261, which suggests slower sales velocity and that transactions may require longer marketing periods despite the broader market strength.

4. Market context is mixed but supportive: the market temperature is hot and price year-over-year trend is up, while interest rate pressure is elevated—current 30-year fixed mortgage rates are averaging 6.37%, which is 0.29% higher than the 6.08% average observed earlier in 2026—and the rent year-over-year trend is down with median market rent $2,981, all of which may temper buyer affordability even as sale prices remain strong.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

San Francisco, CA 94112 Real Estate Market Report

ZIP Code: 94112
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in San Francisco are averaging 6.37%, which is 0.29% higher than the 6.08% average observed earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary market indicator, the median sold price, is $852,000, which represents the most reliable signal of recent transaction activity in 94112 and should drive valuation and offer strategies for both SFR and condo assets.

2. Despite the strong median sold price, the median days on market of 384 suggests slower sales velocity; this combination may indicate pricing friction where sellers are achieving high price outcomes but transactions are taking longer to close (slower sales velocity).

3. Price momentum remains positive with an observed price year-over-year trend of up, and the overall market temperature is hot, implying continued seller-side strength—however, elevated interest rate conditions (reported as Current 30-year fixed mortgage rates in San Francisco are averaging 6.37%, which is 0.29% higher than the 6.08% average observed earlier in 2026) introduce caution for financing-dependent buyers (elevated interest rate pressure).

4. Local rent dynamics show a median market rent of 4,500 with a rent year-over-year trend of down, signaling softer rental demands that may improve affordability for renters but could compress rental income expectations for investors (down).

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.