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NEW 5 DAYS AGO
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$985,000FOR SALE
2 beds · 2 baths · 901 sqft
The Agency
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4 homes in 94118
Homes for Sale in 94118
San Francisco, CA
724 16th Avenue 2, San Francisco, CA 94118
1 / 20
VIRTUAL TOUR
$1,400,000FOR SALE
2 beds · 2 baths · 1,004 sqft
Compass
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Price cut: $25,000 (8/12)
$1,125,000FOR SALE
2 beds · 2 baths · 1,040 sqft
Reena Real Estate Inc.
$3,200,000FOR SALE
3 beds · 1 baths · 2,410 sqft
Home Saver Realty
About 94118 Real Estate
About San Francisco: The 94118 ZIP code is in San Francisco, CA. San Francisco, officially the City and County of San Francisco, is the fourth-most populous city in California and the 17th-most populous in the United States, with a population of 826,079 in 2025. Among U.S. cities with a population of 200,000 or more, San Francisco is ranked first by per capita income, third by population density, and sixth by aggregate income as of 2024. Some 4.6 million residents live in the city's metropolitan statistical area, which is the 13th-largest in the United States. Around 9.2 million live in the San Jose–San Francisco–Oakland combined statistical area, the fifth-largest in the United States.
Today, the 94118 area has 4 homes for sale with a median listing price of $1.4M. The average price per square foot is $1224.
94118 Area Market Pulse
Topfind Market Read
The picture is mixed here. The typical home sells in about 27 days, yet sales volume is down 56% versus six months ago, and 25% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Buyer leverageBalancedSeller leverage
Median Home Price
$1.40M
Chart shows the median closed sale price by month
$3.2M$2.5M$1.9M$1.2M
Sep 25
Apr 26
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
New
Active
Aging
Stale
About 50% of current listings are under 30 days old, while the rest have been up longer.
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 94118 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
HomeownersRenters
38%
Homeowners
62%
Renters
Homeownership is 17.5 points lower than the California average (55.5%)
Higher renter rates typically mean more rental inventory and neighborhood turnover.
362,650 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
2 Bed$1.2M
3 Bed$3.2M
Each additional bedroom adds about $2.0M in value on average.
Price Reductions
1
1 listings have reduced their price
25% of active listings
Average reduction: 2.2% (~$31K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near San Francisco
Frequently Asked Questions about Homes for Sale in 94118, CA
How many homes are for sale in 94118, CA?
There are currently 4 homes for sale in 94118, ranging from $985,000 to $3,200,000. 1 of them hit the market within the last week.
What is the median home price in 94118?
The median list price in 94118 is $1,400,000. Price per square foot averages $1224.
How fast do homes sell in 94118?
Homes in 94118 currently average 27 days on the market, a brisk pace where attractive homes are gone within a month.
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