South San Francisco, CA is an affluent area with a high median housing value of $1,185,500. This is almost four times the median US housing value of $338,100. In the last year, house appreciation in South San Francisco was 8.61%, higher than the national rate of 8.27%. This reflects the increased demand for housing in this area as people are drawn to its excellent amenities and accessibility to major cities like San Francisco and San Jose.
The median home cost in South San Francisco is $1,185,500. Home appreciation the last 10 years has been 88.1%. Home Appreciation in South San Francisco is up 13.3%.
Average Age of Homes
- The median age of South San Francisco real estate is 51 years old
The Rental Market in South San Francisco
- Renters make up 38.4% of the South San Francisco population
- 1.6% of houses and apartments in South San Francisco, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.