San Francisco, CA 94115 Real Estate Market Report

ZIP Code: 94115
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, CA (ZIP: 94115) has reached $4,347,500, reflecting a robust market characterized by high buyer demand and limited inventory. The market is currently experiencing a strong upward trend, with prices up year-over-year. This indicates a competitive landscape where buyers are willing to pay premium prices for available properties, despite the overall elevated days on market, which currently stands at 357 days.

Inventory conditions appear to be constrained, with elevated inventory levels relative to sales activity. This suggests that while there is significant interest in purchasing homes, the actual transaction volume remains moderate. The current market temperature is classified as hot, driven by a booming tech sector and a return-to-office trend, which continues to fuel buyer activity amid moderate interest rates.

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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 $4,347,500 indicates strong buyer competition in the market.

2. With 357 days on market, properties are experiencing slower sales velocity, suggesting potential pricing friction.

3. The market temperature is classified as hot, reflecting a strong demand environment.

4. The median market rent is $4,510, indicating a robust rental market that may influence home buying decisions.

5. The overall trend shows prices are up year-over-year, reinforcing the strength of the current market.

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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.