The story of this market
The typical home in ZIP 94124 sells for about $860,000, or $570 per square foot.
Prices are down 1.7% from a year ago, which gives buyers more room to negotiate. Homes take about 33 days to sell. HUD's fair market rent for a two-bedroom is $1,336 a month.
ZIP 94124
The 94124 housing market is currently experiencing a slight cooling trend, with median sale prices down 1.7% year-over-year to $860,000. Market activity remains competitive, though the pace of sales has slowed compared to the previous year, reflecting broader regional economic pressures.
This ZIP is suitable for commuters and investors looking for entry-level pricing within the San Francisco market, particularly those interested in the ongoing revitalization of the Hunters Point neighborhood.
Median prices moved down 1.7% year over year.
Homes spend a median of 33 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 11.5% · poverty 18.6% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 94124, San Francisco County, CA
The area is characterized by ongoing redevelopment efforts in the Hunters Point and Bayview districts, with significant focus on former shipyard infrastructure and mixed-use residential expansion.
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%).
Residents have access to major transit corridors including Third Street light rail and proximity to Highway 101, providing connectivity to the San Francisco employment core.
The area features waterfront access along the San Francisco Bay, including Heron's Head Park and various community green spaces, with local shopping and dining concentrated along Third Street.
The rental market is characterized by high demand and tenant-protective regulations, with a median asking rent of approximately $4,093 per month.
The local economy is influenced by industrial, logistics, and emerging tech-adjacent sectors, benefiting from its proximity to the broader San Francisco employment hub.
Data sourced from US Census Bureau and incomebyzipcode.com
- Children's Fairyland4.58.7 mi
- Dave & Buster's Daly City4.16.3 mi
- Sky Zone Trampoline Park4.116.1 mi
- Round1 Bowling & Arcade - San Francisco3.55.1 mi
- Round1 Bowling & Arcade - Hayward4.116.3 mi
- Chase Center4.72.6 mi
- Oracle Park4.73.3 mi
- Palace of Fine Arts4.86.1 mi
- Moscone Center4.53.8 mi
- Filoli Historic House & Garden4.718.4 mi
- PIER 394.65.6 mi
- Oracle Park4.73.3 mi
- Golden Gate Bridge4.88 mi
- The Painted Ladies4.44.1 mi
- Fisherman's Wharf4.65.7 mi
- PIER 394.65.6 mi
- Ferry Building4.64.5 mi
- Golden Gate Bridge4.88 mi
- The Painted Ladies4.44.1 mi
- California Academy of Sciences4.65.2 mi
- Golden Gate Park4.86 mi
- Mission Dolores Park4.73.1 mi
- Twin Peaks4.73.8 mi
- Union Square4.44.2 mi
- Presidio Tunnel Tops4.96.4 mi
- PIER 394.65.6 mi
- Jack London Square4.57.3 mi
- St. Francis Yacht Club4.76.3 mi
- Pillar Point Harbor4.616.6 mi
- Lake Chabot Marina & Café4.515.3 mi
- The Olympic Club4.76.2 mi
- Presidio Golf Course4.55.8 mi
- Corica Park Golf Course4.28.3 mi
- Mariners Point Golf Center4.512.3 mi
- TPC Harding Park4.36 mi
- PIER 394.65.6 mi
- Ferry Building4.64.5 mi
- Stonestown Galleria4.35.1 mi
- Serramonte Center4.26.2 mi
- H Mart San Francisco4.54.8 mi
- San Francisco International Airport4.37.7 mi
- Oakland San Francisco Bay Airport4.29 mi
- Elevation LVK4.331 mi
- Seaplane Adventures4.812.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A waterfront park offering trails and bird-watching opportunities along the San Francisco Bay.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.