4-week rolling average · Data through March 12, 2026 · ZIP 94118
The 94118 zip code in San Francisco is running hot, with a median sale price of $1,900,000 sitting notably above the median list price of $1,695,000, signaling strong buyer competition and frequent above-ask closings. At $1,021.84 per square foot and only 18 median days on market, this neighborhood is moving quickly with just 51 active listings available. The market temperature score of 84 out of 100 confirms this is one of the more competitive pockets in the city right now.
| Beds | Sale Price | Rent |
|---|---|---|
| 1BR | $599K | $3K/mo |
| 2BR | $1.30M | $4K/mo |
| 3BR | $1.90M | $6K/mo |
| 4BR | $1.69M | $7K/mo |
| 5BR | $5.20M | — |
| 6BR | $2.10M | — |
With homes selling at a median of $1,900,000 against a median list price of $1,695,000, sellers in 94118 are capturing strong premiums above their asking prices. The lean active inventory of just 51 homes gives sellers significant leverage, and the 18-day median time on market means well-priced properties are not sitting long.
Buyers entering the 94118 market should be prepared for a competitive environment where the median sale price of $1,900,000 exceeds the median list price by over $200,000, suggesting bidding wars are common. With only 51 active listings and homes moving in a median of 18 days, acting decisively and coming in with strong offers will be essential.
The median rent in 94118 sits at $3,600, with rental inventory at 64 units, offering a snapshot of the local income potential against a median sale price of $1,900,000. Investors should note that the gross rent-to-price ratio is relatively thin at this price point, so value-add strategies or longer hold periods may be necessary to achieve meaningful returns in this market.
The current 30-year mortgage rate of 6.00% and 15-year rate of 5.43% are meaningful factors for buyers financing at a $1,900,000 median price point, where monthly principal and interest costs can be substantial. Buyers with flexibility should evaluate whether a 15-year term at 5.43% aligns with their financial goals, as the rate difference of 0.57 percentage points could offer meaningful interest savings over the life of the loan.
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Market intelligence by FarmPosts