Market Intelligence · CA / San Francisco

San Francisco, CA 94121 Housing Market

The typical home value in San Francisco's 94121 ZIP is $1,820,717, up 14.5% over the past year. The median list price stands at $1,743,500, with homes taking a median 40 days on market.

Updated August 2026Median value$1833K

The median home value in San Francisco, CA 94121 is $1.83M as of August 2026, up 17.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 94121 range

$1.69M to $1.98M

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

+17.6% over 12 months

Typical home value in 94121 over the last 12 months: $1.56M in Aug 2025 to $1.83M in Aug 2026 (+17.6%).

Aug 2025$1.56M

Aug 2026$1.83M

The numbers

What is the 94121 housing market like?

Typical home value

$1.83M

Up17.6%YoY

Median list price

$1.74M

Down1.7%MoM

Days on market

40

Down18.4%MoM

Homes for sale

13

Up44.4%MoM

Price cuts

0.0%

New listings

28

Up250.0%MoM

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

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The comparison

How do 94121 home prices compare?

  • 94121$1,833,048
  • San Francisco$1,394,964
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (San Francisco: 26 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

There are currently 13 homes for sale in 94121, while 28 new listings came to market as of August 2026. The median days on market of 40 suggests a reasonable pace of sale activity. None of the current listings have seen price cuts, which is notable given the strong year-over-year appreciation. For sellers, the combination of limited inventory and steady demand indicates a relatively favorable position, though a buyer should still expect negotiation.

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20% · $366,610

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