Is San Francisco, CA 94124 a buyer’s or seller’s market?

The San Francisco housing market right now

In the three months ending August 31, 2026, 61% of homes in San Francisco, CA 94124 sold above their list price, the typical home went under contract in 30 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 42 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 65%, homes sold faster (48 days then) and the median sale price rose 13% to $999,567. Overall, San Francisco is about as competitive as it was a year ago.

Within San Francisco County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell less often over asking than in 68%. On our competition score, San Francisco ranks #163 of 1,069 CA ZIP codes with enough sales (score 81 out of 100).

Nearby, buyers who want less competition could look at San Francisco 94130 (0% sold over asking) or San Francisco 94104 (0% sold over asking), while San Francisco 94122 (92% sold over asking) and San Francisco 94134 (91% sold over asking) are even more competitive.