If you’ve owned a home in San Francisco for a while, chances are it’s worth more than when you bought it. The question is—how much more?
San Francisco real estate has always been a strong long-term investment, with home values appreciating significantly over time. Even with market shifts, rising interest rates, and the occasional economic uncertainty, the overall trend has been up and to the right.
10 Years of Appreciation in SF Real Estate
Let’s take a look at how home values have changed over the past decade in the picture above.
Even with some ups and downs, the overall growth is clear. If you bought a home in San Francisco a few years ago, you've likely built a solid amount of equity.
As I like to say "What's expensive today, will be considered a steal in 5 years."
What’s Driving SF Home Values?
Several factors contribute to San Francisco’s home price appreciation:
- Limited Inventory, High Demand – With just 49 square miles to work with, San Francisco isn’t expanding. Housing supply remains tight, and demand continues to push prices up.
- Strong Job Market – While tech has seen some shake-ups, San Francisco is still a hub for innovation, startups, and well-paying jobs.
- Historically Low Interest Rates (Until Recently) – The ultra-low mortgage rates of the past decade helped fuel demand, driving home prices even higher.
- The "Forever Home" Effect – Many homeowners in San Francisco hold onto their properties long-term, limiting turnover and keeping inventory low.
What This Means for You
Whether you’re considering selling, refinancing, or just curious about your home’s current value, knowing how much equity you’ve built can help you plan your next move.
If you’d like a personalized home valuation, let’s connect. I’ll provide a clear picture of your home’s current market value and help you strategize your next steps.
📩 Message me or 📞 Call/Text me today for a complimentary home valuation.
