Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 884,363 people, 358,772 houses or apartments, and a median cost of homes of $1,212,163, San Francisco house prices are not only among the most expensive in California, San Francisco real estate also is some of the most expensive in all of America.
Large apartment complexes or high rise apartments are the single most common housing type in San Francisco, accounting for 46.68% of the city's housing units. Other types of housing that are prevalent in San Francisco include duplexes, homes converted to apartments or other small apartment buildings ( 21.33%), single-family detached homes ( 19.97%), and a few row houses and other attached homes ( 11.81%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.
People in San Francisco primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. San Francisco has a mixture of owner-occupied and renter-occupied housing.
The housing in San Francisco was primarily built before 1939 ( 47.98%), making the housing stock in San Francisco some of the oldest overall in America, although there is a range of ages of homes in San Francisco. The next most important housing age is between 1940-1969 ( 26.15%), followed by between 1970-1999 ( 17.26%). There's also some housing in San Francisco built between 2000 and later ( 8.61%).
In the last 10 years, San Francisco has experienced some of the highest home appreciation rates of any community in the nation. San Francisco real estate appreciated 84.52% over the last ten years, which is an average annual home appreciation rate of 6.32%, putting San Francisco in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, San Francisco definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, San Francisco's appreciation rate, at 4.16%, has been at or slightly above the national average. In the latest quarter, San Francisco's appreciation rate has been -0.63%, which annualizes to a rate of -2.51%.
Notably, San Francisco's appreciation rate in the latest quarter is one of the lowest in America.
Relative to California, our data show that San Francisco's latest annual appreciation rate is lower than 50% of the other cities and towns in California.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within San Francisco differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in San Francisco - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best San Francisco real estate investment or home purchase decisions.
|$973,001 - $1,297,000||24.7|
|$649,001 - $973,000||21.6|
|$519,001 - $649,000||3.9|
|$389,001 - $519,000||2.4|
|$259,001 - $389,000||1.4|
|$130,001 - $259,000||1.0|
|$65,001 - $130,000||0.6|
|$0 - $65,000||1.6|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
2000 Q1 - 2019 Q1
|* 10 is highest|
|AGE OF San Francisco HOMES|
|2000 or Newer||8.6|
|1970 - 1999||17.3|
|1940 - 1969||26.2|
|1939 or Older||48.0|
|TYPE OF San Francisco HOMES|
|Small Apt. Buildings||21.3|
|SIZE OF San Francisco HOMES|
|5 or more bedrooms||2.61|