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Market Snapshot

Median listing price
$2.50M

The median listing price in San Francisco, CA ZIP 94118 is $2,499,500 as of June 2026.

Median rent
$3,850/mo

The median market rent in San Francisco, CA ZIP 94118 is $3,850/month as of June 2026.

Days on market
349 days

The median days on market in San Francisco, CA ZIP 94118 is 349 days as of June 2026. The market is currently hot.

Gross rental yield
1.85%

At a median list price of $2,499,500 and a median rent of $3,850/month, the gross rental yield in San Francisco, CA ZIP 94118 is 1.85% as of June 2026.

STR vs LTR
$2,748/mo STR · $3,850/mo LTR

In San Francisco, CA ZIP 94118, median Airbnb revenue is $2,748/month compared to median long-term rent of $3,850/month as of June 2026.

San Francisco, CA 94118 Real Estate Market Report

ZIP Code: 94118

Report Date: June 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.


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.

Analysis Window
90 Days
Total Properties Analyzed
28
Active Listings
3
Sold Properties
25

Market Metrics

Median Listing Price
$2,499,500
Median Sold Price
$5,381,000
Median Price per Sqft
$1,256/sqft

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.


Rental Market

Median Market Rent
$3,850

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.


Property Taxes

Property Tax Rate
0.57%

Liquidity & Velocity

Median Days on Market
349
Sale-to-List Ratio
100.0%

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.


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.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. The primary market indicator is the median sold price of $5,381,000, which signals a high-value neighborhood and establishes recent transaction-level market value; market remains hot based on price momentum and transaction context.
  2. Despite the elevated median price, the median days on market of 349 points to slower sales velocity and suggests pricing friction or a longer decision cycle for buyers in this price tier; sellers should expect extended marketing periods and prepare for conditional negotiations.
  3. Unit-level pricing context shows a median price per square foot of $1,256, which supports premium valuation expectations for SFR and condo stock in the ZIP; under current conditions this metric may guide competitive pricing for new listings to attract qualified buyers.
  4. Income and financing context: the median market rent of $3,850 combined with moderate interest rate pressure implies rising rents and manageable borrowing constraints; investors should weigh rent growth against financing cost sensitivity while assessing hold vs. sell decisions.

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.

Recent Transactions

3625 Jackson St, San Francisco, CA 94118
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

- beds4 baths3,900 sqft
$14,000,000
Mar 1, 2026
$3,590/sqft/sqft
223 Spruce St, San Francisco, CA 94118
Premium

Sold above market average

- beds4 baths5,760 sqft
$14,000,000
Mar 1, 2026
$2,431/sqft/sqft
10 5th Ave, San Francisco, CA 94118
Premium

Sold above market average

5 beds3 baths4,644 sqft
$13,500,000
Apr 1, 2026
$2,907/sqft/sqft
2078 days on market
546 9th Ave, San Francisco, CA 94118
Premium

Sold above market average

4 beds2 baths2,240 sqft
$3,405,000
Mar 1, 2026
$1,520/sqft/sqft
180 days on market
739 10th Ave, San Francisco, CA 94118
Value

Sold below market average

4 beds3 baths3,110 sqft
$3,375,000
May 1, 2026
$1,085/sqft/sqft
271 days on market
415 Cornwall St, San Francisco, CA 94118
Market Benchmark

Sold at market average

4 beds3 baths2,584 sqft
$3,200,000
Apr 1, 2026
$1,238/sqft/sqft
2639 days on market
27 Paramount Ter, San Francisco, CA 94118
Market Benchmark

Sold at market average

- beds1 baths1,200 sqft
$1,600,000
Apr 1, 2026
$1,333/sqft/sqft
329 7th Ave, San Francisco, CA 94118
Market Benchmark

Sold at market average

2 beds1 baths1,226 sqft
$1,530,000
May 1, 2026
$1,248/sqft/sqft
370 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$27,478/mo
94118 Avg Rent
94118 Cost to Own
Rent$3,850
Own$31,328

20% down, 6.50% rate, 0.6% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

94118 Avg nightly rate
94118 Avg occupancy (days/year)
Nightly rate$330/night
Occupancy104 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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