Market Intelligence · CA / San Rafael

San Rafael, CA 94903 Housing Market

The typical home value in San Rafael 94903 is $1,250,063, up 4.1% over the past year. Homes are listing at a median price of $846,250 and spending 46 days on the market as of September 2026.

Updated September 2026Median value$1250K

The median home value in San Rafael, CA 94903 is $1.25M as of September 2026, up 4.1% 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 94903 range

$1.15M to $1.35M

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

+4.1% over 12 months

Sep 2025$1.2M

Low $1.2MHigh $1.25M

Sep 2026$1.25M

The numbers

What is the 94903 housing market like?

As of September 2026

Typical home value

$1.25M

4.1%YoY

Median list price

$846K

1.3%MoM

Days on market

43.8%MoM

Homes for sale

4.0%MoM

Price cuts

13.1%

20.7%MoM

New listings

22.2%MoM

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

The outlook

94903 housing market forecast 2027

+1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 94903 to rise 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 94903 rose 4.1%, per the Zillow Home Value Index.

Will home prices drop in 94903?

Zillow's forecast does not call for a drop: it expects typical home values in 94903 to rise 1.7% by September 2027, after a 4.1% 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 94903 home prices compare?

94903$1,250,063
San Rafael$1,322,109
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 Rafael: 2 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

San Rafael's market is moderately active. There are 52 homes for sale, with 28 new listings arriving in September 2026. The median days on market of 46 suggests properties are moving at a steady pace. However, 13.1% of listings have received a price cut, indicating some sellers are adjusting expectations. For homeowners considering a sale, this is a market where pricing strategy matters and patience may be needed.

Monthly payment

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Home price

Down payment20% · $250,013

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Common questions

What people ask us.

What is the typical home value in San Rafael 94903?

The typical home value is $1,250,063, up 4.1% over the past year as of September 2026.

How many homes are currently for sale in 94903?

There are 52 homes for sale as of September 2026, with 28 new listings in that month.

How long do homes typically stay on the market?

The median days on market is 46 as of September 2026.

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Nearby ZIP markets.

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