The story of this market
The typical home in ZIP 94114 sells for about $1,965,149, or $1,150 per square foot.
Prices are up +15% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $4,200 a month.
ZIP 94114
The 94114 housing market remains resilient with high median home values and steady demand for limited inventory. While year-over-year price growth is strong, the market is characterized by low turnover and high barriers to entry. Buyers are active, but the high cost of entry continues to be the primary driver of market dynamics.
This ZIP is ideal for affluent professionals, families, and long-term residents who value walkability, historic architecture, and proximity to the city's cultural and employment centers.
Median prices moved up 15.0% year over year.
Homes spend a median of 35 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 5.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 94114, San Francisco County, CA
Crime rates in the Noe Valley and Castro districts are generally consistent with urban San Francisco trends, with property crime being the primary concern. Residents typically experience higher safety levels compared to the city's downtown core.
The area is served by the San Francisco Unified School District, with local schools generally receiving moderate to high ratings from families. The neighborhood is known for a mix of public and highly regarded private educational options.
The area faces standard urban risks, including seismic activity common to the Bay Area. Flood risk is minimal for most of the ZIP, though insurance premiums reflect the broader California wildfire and earthquake risk environment.
Economic momentum is driven by proximity to the San Francisco tech corridor and professional services. Development is largely infill-focused, emphasizing residential density and historic preservation.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%). County (San Francisco County, California) — Property Assessment Regime: The Office of the Assessor-Recorder is responsible for identifying and assessing all taxable property. Assessments are conducted to ensure fair and accurate valuation for the secured assessment roll, subject to state-mandated uniformity and consistency standards.
Residents benefit from excellent access to the Muni Metro and bus lines, providing efficient transit to the Financial District and downtown employment hubs. Driving commutes are subject to heavy urban traffic congestion.
The ZIP features significant green space including Dolores Park and the nearby Twin Peaks trails. The area is highly walkable with dense concentrations of retail, dining, and entertainment along 24th Street and Castro Street.
The rental market is highly competitive with low vacancy rates, driven by high demand from young professionals. Short-term rentals are strictly regulated by city ordinances.
The economy is anchored by the broader San Francisco professional services, technology, and healthcare sectors. The area serves as a residential base for commuters to major regional employers.
The area is served by extensive Muni bus and light rail infrastructure. It is well-connected to the regional BART system via nearby stations.
Development is constrained by historic zoning and density limits, with current planning focused on transit-oriented housing and seismic safety upgrades.
The San Francisco Assessor-Recorder manages property assessments based on the Proposition 13 framework.
Parcels are subject to San Francisco Unified School District and various city-wide special tax districts for infrastructure and public services.
Property insurance availability is stable, though premiums are influenced by regional wildfire risk and seismic exposure.
Net domestic migration in California has been negative in recent years, though urban centers like San Francisco continue to see high turnover and international inflow.
California is primarily a non-judicial foreclosure state, providing a streamlined process for lenders while offering specific notice and cure periods for borrowers.
California requires comprehensive seller disclosures regarding the physical condition of the property, natural hazards, and environmental issues.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Children's Fairyland4.510.1 mi
- Dave & Buster's Daly City4.16.2 mi
- Round1 Bowling & Arcade - San Francisco3.53.2 mi
- Sky Zone Trampoline Park4.118.8 mi
- K1 Speed San Francisco4.38.2 mi
- Chase Center4.72.6 mi
- Oracle Park4.72.8 mi
- Palace of Fine Arts4.83.3 mi
- Moscone Center4.52.6 mi
- Exploratorium4.73.7 mi
- PIER 394.63.8 mi
- Oracle Park4.72.8 mi
- Golden Gate Bridge4.85.1 mi
- Muir Woods National Monument4.812.7 mi
- The Painted Ladies4.41.4 mi
- PIER 394.63.8 mi
- Ferry Building4.63.4 mi
- Golden Gate Bridge4.85.1 mi
- The Painted Ladies4.41.4 mi
- California Academy of Sciences4.62.1 mi
- Muir Woods National Monument4.812.7 mi
- Golden Gate Park4.82.9 mi
- Mission Dolores Park4.70.4 mi
- Twin Peaks4.70.8 mi
- Union Square4.42.6 mi
- PIER 394.63.8 mi
- Jack London Square4.58.9 mi
- St. Francis Yacht Club4.73.6 mi
- Pillar Point Harbor4.617.7 mi
- Lake Chabot Marina & Café4.518.1 mi
- The Olympic Club4.74.7 mi
- Presidio Golf Course4.52.8 mi
- Corica Park Golf Course4.211 mi
- TPC Harding Park4.34 mi
- Lincoln Park Golf Course4.13.8 mi
- PIER 394.63.8 mi
- Ferry Building4.63.4 mi
- Stonestown Galleria4.33.1 mi
- Serramonte Center4.26.2 mi
- H Mart San Francisco4.53.7 mi
- San Francisco International Airport4.39.9 mi
- Oakland San Francisco Bay Airport4.211.9 mi
- Seaplane Adventures4.89.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major city park offering skyline views and community gathering space.
Historic landmark cinema and cultural venue.
Primary commercial corridor with boutiques and cafes.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).