🇺🇸 US · West Coast
San Francisco.
Where the housing market sits.
Tech-payroll-driven Bay Area market with the country's highest median prices and a sharp 2022-2024 correction.
Updated 5m ago
Latest data: 2026-07-01
FRED SFXRSA · Zillow ZHVI · Census ACS
City gauges
Affordability
2
Extreme — bottom decile
0 · Most expensive100 · Most affordable
- Median price (USD)
- $1,123,193City-level median home price, source-specific (see below).
- Median household income (USD)
- $136,300Most recent published metro-level median household income.
- Mortgage payment burden
- 54.1%30-year amortized payment at current US rates as a share of median household income.
Momentum
73
Above average
0 · Cooling/declining100 · Running hot
- Year-over-year price change
- +3.5%Latest available city-level YoY HPI delta.
- Months of supply
- —Active listings divided by trailing-three-month sales pace.
- Days on market
- —Median days from listing to under contract.
Regime · What the gauges say together
Bubble watch
Unaffordable and still appreciating in real terms.
Unaffordable, and still climbing.
Context
| Real price growth (3-mo annualized) | +3.6% |
| Headline mortgage rate | 7.28% |
| CPI year-over-year | 3.71% |
| Leading equity indicators (homebuilders/REITs) | -10.2% avg vs 200-day MA · breadth 0/8 |
Data sources for San Francisco
- Case-Shiller SF component (FRED)
- Zillow ZHVI / ZORI / days-to-pending
Full source documentation on /data-sources.
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