94124, San Francisco, CA

Home Equity and Home Prices in the 94124 Zip Code of San Francisco, CA

The 94124 zip code of San Francisco, CA has a median home value of $1,072,500. This is higher than the statewide median home value of $740,000. The 94124 zip code also has a higher percentage of homes with a mortgage than the statewide average. This may be due to the high demand for housing in this area or because more people have mortgages than other forms of debt.

Despite these factors, there are still some homeowners in the 94124 zip code who are struggling to pay their mortgages. In fact, according to Zillow’s Mortgage Report for October 2018, 10% of homeowners in this zip code are delinquent on their mortgages.

Overall though, home equity and home prices are increasing in the 94124 zip code. This may be due to increased demand for housing or low interest rates. Regardless of the reason, it is clear that homeownership is becoming more common in this area and that there is potential for even greater wealth accumulation over time.