The story of this market
The typical home in ZIP 94116 sells for about $1,481,000, or $925 per square foot.
Prices are down 4.14% from a year ago, which gives buyers more room to negotiate. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $3,650 a month.
ZIP 94116
The 94116 housing market remains resilient with high price points and low inventory, reflecting the enduring appeal of the Sunset and Parkside neighborhoods. While year-over-year prices show a slight decline, the market is characterized by competitive bidding for well-priced homes and steady demand from family buyers. The limited supply of active listings continues to support price stability despite broader economic headwinds.
This ZIP is ideal for family buyers seeking established neighborhoods with good school access, as well as professionals who value a quieter, residential environment while maintaining transit connectivity to the city core.
Median prices moved down 4.1% year over year.
Homes spend a median of 32 days on market with 2.1 months of supply — a fast-moving market.
4% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 6.8% — 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 5.1%/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 5.1%/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 94116, San Francisco County, CA
The Sunset and Parkside districts generally experience lower violent crime rates compared to the citywide average, though property crime remains a consistent concern typical of urban San Francisco.
The area is served by the San Francisco Unified School District, with several highly-rated public elementary and middle schools that are primary drivers for family home-buying demand in the neighborhood.
The ZIP code faces standard urban fire risks and is subject to citywide seismic building codes; coastal areas near the Great Highway are monitored for long-term erosion and sea-level rise impacts.
Economic momentum is driven by the broader San Francisco tech sector and proximity to major medical and educational institutions, with steady infill development and residential renovation activity.
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 the MUNI Metro L-Taraval line providing direct transit access to the Financial District and downtown employment hubs, alongside major arterial roads like 19th Avenue.
The area features immediate access to Stern Grove, Pine Lake Park, and the expansive Golden Gate Park, with the Pacific Ocean coastline and Ocean Beach serving as major recreational anchors.
The rental market is characterized by high demand for single-family homes and multi-unit flats, with low vacancy rates and a stable trajectory supported by the neighborhood's residential character.
The local economy is deeply integrated with the San Francisco metro area, anchored by technology, healthcare, and higher education sectors.
The area is served by the MUNI Metro light rail and extensive bus networks, providing critical links to the city's employment centers.
Development is largely constrained by existing density, with current planning focused on transit-oriented housing and seismic safety upgrades.
The San Francisco Assessor-Recorder manages property assessments based on the purchase price and Proposition 13 guidelines.
Parcels are subject to San Francisco Unified School District and City College of San Francisco district taxes.
Property insurance premiums are rising due to regional wildfire risk and general market adjustments in California.
California is primarily a non-judicial foreclosure state, providing a structured process for lenders and specific protections for homeowners.
California requires comprehensive seller disclosures regarding the physical condition of the property and any known material defects.
Data retrieved from data.census.gov ZCTA 94116 profile.
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 Fairyland4.513.8 mi
- Dave & Buster's Daly City4.15.2 mi
- Round1 Bowling & Arcade - San Francisco3.51.6 mi
- K1 Speed San Francisco4.38.8 mi
- House of Air Trampoline Park and Café4.14.6 mi
- Chase Center4.76.2 mi
- Oracle Park4.76.4 mi
- Palace of Fine Arts4.84.9 mi
- Moscone Center4.56 mi
- Exploratorium4.76.8 mi
- PIER 394.66.6 mi
- Oracle Park4.76.4 mi
- Golden Gate Bridge4.85.4 mi
- Muir Woods National Monument4.811.6 mi
- The Painted Ladies4.44.2 mi
- PIER 394.66.6 mi
- Ferry Building4.66.7 mi
- Golden Gate Bridge4.85.4 mi
- The Painted Ladies4.44.2 mi
- California Academy of Sciences4.62.5 mi
- Muir Woods National Monument4.811.6 mi
- Golden Gate Park4.81.9 mi
- Mission Dolores Park4.74 mi
- Twin Peaks4.72.8 mi
- Union Square4.45.8 mi
- PIER 394.66.6 mi
- Jack London Square4.512.5 mi
- St. Francis Yacht Club4.75.2 mi
- Pillar Point Harbor4.616.6 mi
- Pier 404.56.6 mi
- The Olympic Club4.72.3 mi
- Presidio Golf Course4.53.9 mi
- TPC Harding Park4.31.3 mi
- Lincoln Park Golf Course4.12.7 mi
- Lake Merced Golf Club4.63.6 mi
- PIER 394.66.6 mi
- Ferry Building4.66.7 mi
- Stonestown Galleria4.31.5 mi
- Serramonte Center4.25.1 mi
- H Mart San Francisco4.52.8 mi
- San Francisco International Airport4.310.7 mi
- Oakland San Francisco Bay Airport4.215.3 mi
- Seaplane Adventures4.89.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic park known for its summer concert series and wooded trails.
A vast stretch of Pacific coastline popular for walking and surfing.
A nearby commercial hub featuring local boutiques, cafes, and restaurants.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).