San Francisco, CA 94112 Real Estate Market Report

ZIP Code: 94112
Report Date: April 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in San Francisco (ZIP: 94112) is $995,000, reflecting a robust market environment characterized by elevated demand. This price point indicates a strong seller's market, with recent sales suggesting a healthy appreciation trend. The market appears to be gaining momentum, as evidenced by the median days on market of 270, which, while lengthy, may indicate a slower sales velocity rather than weak liquidity.

Current inventory conditions show elevated inventory levels relative to sales activity, which may suggest a potential for pricing friction as buyers navigate through available options. The median listing price stands at $962,000, indicating that sellers are setting expectations slightly below recent transaction values, which could create opportunities for negotiation. Overall, the market remains hot, with a year-over-year price trend that is up, driven by a resurgent local economy, particularly in the tech sector.

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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.

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Key Findings

1. The median sold price of $995,000 indicates strong market performance and buyer willingness to invest at higher price points.

2. With median days on market at 270, the market is experiencing slower sales velocity, which may affect overall liquidity.

3. The median listing price of $962,000 suggests that sellers are pricing properties competitively, potentially leading to negotiation opportunities for buyers.

4. The median market rent has reached $3,912, reflecting significant demand in the rental sector, which may influence buyer sentiment.

5. Overall, the market temperature is classified as hot, indicating a strong demand environment despite elevated inventory levels.

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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.