The median home value in San Francisco is $1,022,500. San Francisco home values have gone up 10.9% over the past year and Zillow predicts they will rise 5.5% within the next year. The median list price per square foot in San Francisco is None. The median rent price in San Francisco is $3,995, which is higher than the San Francisco Metro median of $2,800.
Foreclosures will be a factor impacting home values in the next several years. In San Francisco 0.4 homes are foreclosed (per 10,000). This is lower than the San Francisco Metro value of 1.2 and also lower than the national value of 3.0
Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in San Francisco is 2.0%, which is lower than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of San Francisco homeowners underwater on their mortgage is 3.3%, which is lower than San Francisco Metro at 6.6%.