San Francisco, CA 94117 Real Estate Market Report

ZIP Code: 94117
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: 94117) stands at $2,497,500, reflecting a strong market driven by high demand and limited inventory. This price point indicates a robust appreciation in property values, contributing to a competitive environment for buyers. The market has shown an upward trend, with the overall market temperature classified as hot, suggesting a favorable climate for sellers.

Despite the elevated median sold price, properties are experiencing a lengthy median days on market of 401 days. This extended period may indicate a slower sales velocity, potentially due to elevated inventory levels relative to sales activity. The current market dynamics suggest that while demand remains strong, the liquidity may be affected by the prolonged time properties are taking to sell, which could lead to pricing friction in future transactions.

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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

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.

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Key Findings

1. The median sold price of $2,497,500 indicates a strong demand in the market, contributing to a rising trend in property values.

2. With a median days on market of 401, properties are taking longer to sell, suggesting slower sales velocity in the current market.

3. The median market rent is at $4,090, reflecting a significant demand for rental properties and a growing rental market.

4. The market temperature is classified as hot, indicating strong buyer interest despite the extended days on market.

5. Interest rate pressure is noted as moderate, which may impact buyer affordability and overall market dynamics.

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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.