94115, San Francisco, CA

The 94115 zip code of San Francisco, CA has a median home value of $1,073,000. The majority of homes in this zip code are owned by either the owner or their spouse. Home values in this area have increased by an average of 5.5% annually over the past five years. In addition, the percentage of homes that are owner-occupied is higher than the national average and has remained relatively stable over time.

There are a number of factors that may contribute to the high home values in this area. First and foremost, San Francisco is one of the most expensive cities in which to live and buy a home. Second, there is a large supply of homes available for sale relative to demand, which has resulted in increased competition among buyers and decreased prices overall. Finally, many homeowners in this area have invested heavily in their properties over time and may be able to sell their homes at a higher price than someone who hasn't invested as much money into their home.