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Market Intelligence · CA / San Francisco

San Francisco, CA 94118 Housing Market

The typical home value in San Francisco, CA 94118 is $2,309,259, up 21.7% over the past year as of September 2026. The median list price is $1,996,000, and homes spend a median of 24 days on the market.

Updated September 2026Median value$2309K

The median home value in San Francisco, CA 94118 is $2.31M as of September 2026, up 21.7% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 94118 range

$2.12M to $2.49M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+21.7% over 12 months

Typical home value in 94118 over the last 12 months: $1.9M in Sep 2025 to $2.31M in Sep 2026 (+21.7%).

Sep 2025$1.9M

Sep 2026$2.31M

The numbers

What is the 94118 housing market like?

Typical home value

$2.31M

Up21.7%YoY

Median list price

$2M

Up21.2%MoM

Days on market

24

Down35.1%MoM

Homes for sale

20

Up25.0%MoM

Price cuts

2.7%

New listings

30

Up25.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

94118 housing market forecast 2027

+3.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 94118 to rise 3.3% by September 2027.

Over the 12 months through September 2026, typical home values in 94118 rose 21.7%, per the Zillow Home Value Index.

Will home prices drop in 94118?

Zillow's forecast does not call for a drop: it expects typical home values in 94118 to rise 3.3% by September 2027, after a 21.7% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 94118 home prices compare?

  • 94118$2,309,259
  • San Francisco$1,406,332
  • California$692,765
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (San Francisco: 26 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

Home values in 94118 have climbed sharply, with the typical value at $2,309,259, up 21.7% over the past year as of September 2026. Inventory is thin, with 20 homes for sale and 30 new listings that month. Homes are moving quickly at a median of 24 days on market, and only 2.7% of listings carry a price cut. The median list price of $1,996,000 sits below the typical value, which suggests many sellers are pricing to move. For a seller, the data points to strong demand and little pressure to discount.

Monthly payment

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20% · $461,852

Common questions

What people ask us.

How much is a home in 94118 worth?

The typical home value in 94118 is $2,309,259 as of September 2026, up 21.7% over the past year.

How fast do homes sell in 94118?

Homes in 94118 spend a median of 24 days on the market as of September 2026. That is a quick pace, and only 2.7% of listings had a price cut.

How many homes are for sale in 94118?

There were 20 homes for sale in 94118 as of September 2026, with 30 new listings hitting the market that month. The median list price was $1,996,000.

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