South of Market, San Francisco Housing Market

South of Market, San Francisco Market Snapshot

South of Market leans toward buyers, though competition has been picking up recently. Here's where things stand:

Based on 124 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$1.04M
Up 34.0% from March 2025
Up $265K from March 2025
Homes Sold
124
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$6,446/mo
6.3% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$5,175
  • Property Tax$1,089
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
33 days
16 fewer days than in March 2025
Buyers have time to decide
Sale-to-List Ratio
98.7%
Up from 97.5% in March 2025
Selling 1% below asking
% Sold Over Asking
24%
Only 24% sold above asking. Few bidding wars right now
Active Listings
207
Down 14.8% from March 2025
About 1.7 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in South of Market.

Median Sale Price
Up 34.0% year-over-year in South of Market. Based on 124 sales in the most recent month.
Homes Sold
16% fewer homes sold than a year ago in South of Market.
Total Monthly Payment
Estimated monthly cost is up 30% from a year ago in South of Market, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.3%. Your actual rate depends on your credit, down payment, and loan type.
Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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