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94123 Housing Market Report June 2025•San Francisco County, California

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Housing Prices in 94123, CA

How much do homes in 94123, CA cost?

Housing Market Conditions

Is 94123, CA a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

94123 is a Neutral Market

Difference Since June 2024

At the same time last year, 94123 was a Seller's Market.

Insight

94123 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$2,300,000$1,256/SqFt
+$50,000
+2.2%

Based on all homes sold in the last 12 months

Insight

Homes in 94123 have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in 94123 was $2,300,000 in June 2025, up 2.2% from last year, and the median price per square foot was $1,256.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
94123
+2.2%
94115
-3.7%
94109
-6.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2024Jun 2025Change YoY
1$950K$950K
0.0%
2$1.6M$1.7M
+3.4%
3$2.4M$2.7M
+11.3%
4$3.7M$3.6M
-1.9%
5$4.9M$4.4M
-9.4%

Summary: 94123 housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +3.4%. The home price for 3 bedroom homes increased by +11.3%. The home price for 4 bedroom homes decreased by -1.9%. The home price for 5 bedroom homes decreased by -9.4%.

How does 94123, CA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

94123, CA

Housing supply in 94123, CA

How many homes are available in 94123, CA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
67Last MonthJun 2025
792 months agoMay 2025
-15.2 %
Change MoMMay – Jun

Summary: The 94123 real estate market had 67 homes for sale in Jun 2025, a 15.2 % decrease compared to May 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
11Last MonthJun 2025
202 months agoMay 2025
-45.0 %
Change MoMMay – Jun

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
177
0.0%
22119
-9.5%
31814
-22.2%
41511
-26.7%
51816
-11.1%

Summary: 94123 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -9.5%. The inventory for 3 bedroom homes decreased by -22.2%. The inventory for 4 bedroom homes decreased by -26.7%. The inventory for 5 bedroom homes decreased by -11.1%.

Asking Price vs. Sold Price

How much do homes in 94123, CA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price5 Homes

At Asking Price1 Home

Under Asking Price5 Homes

Insight

If you're buying a home in 94123, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 94123 in June 2025, down by 45.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 9% were sold at asking, and and 45% were sold over asking.

Days on Market for 94123, CA

How long does it take to sell a home in 94123, CA?

Breakdown of Home Sale Times

Under 30 Days9 Homes

30 – 90 Days2 Homes

Over 90 Days0 Home

Insight

Many homes in 94123 are selling fast, if you're buying plan to act quickly.

Summary: During June 2025, 11 homes were sold in 94123; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
17 DaysThis YearJun 2025
47 Days1 year agoJun 2024
-62.2 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in 94123 had an average listing age of 17 days in Jun 2025, down by 62.2% compared to the previous year.

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Newest Listings in 94123, CA

What homes are available in 94123, CA?

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MLS Disclaimers and Copyright

Based on information from San Francisco MLS, for the period 07/01/2023 - 07/01/2025

IDXListings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2025 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 7:45:46 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.