Market Intelligence · CA / San Rafael

San Rafael, CA 94903 Housing Market

San Rafael's typical home value stands at $1,267,482, up 3.2% over the past year. The median list price is $857,000, with homes spending a median of 32 days on the market.

Updated August 2026Median value$1236K

The median home value in San Rafael, CA 94903 is $1.24M as of August 2026, up 3.7% 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 94903 range

$1.14M to $1.34M

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

+3.7% over 12 months

Typical home value in 94903 over the last 12 months: $1.19M in Aug 2025 to $1.24M in Aug 2026 (+3.7%).

Aug 2025$1.19M

Aug 2026$1.24M

The numbers

What is the 94903 housing market like?

Typical home value

$1.24M

Up3.7%YoY

Median list price

$857K

Up2.4%MoM

Days on market

32

Down17.9%MoM

Homes for sale

50

Up19.0%MoM

Price cuts

16.5%

Up5.8%MoM

New listings

36

Up80.0%MoM

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

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The comparison

How do 94903 home prices compare?

  • 94903$1,236,206
  • San Rafael$1,306,448
  • 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 Rafael: 2 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

As of August 2026, San Rafael has 50 homes for sale and saw 36 new listings. The median days on market of 32 suggests a moderate pace of sales activity. About 16.5% of listings have received a price cut, indicating some seller adjustments in response to market conditions. The value appreciation over the past year is solid, but the presence of price reductions suggests sellers should be realistic about pricing to move their home.

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