Inner Richmond, San Francisco, CA—94118
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Inner Richmond, San Francisco, CA
As of Oct '25, the median home price in Inner Richmond, San Francisco, CA is $1,893,000, with a year-over-year change of -0.2%. This indicates that home prices in Inner Richmond, San Francisco, CA are flat. According to Zillow, the 1-year price projection is -0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,893,000 | -0.2% |
| Single Family | $2,324,000 | 1.3% |
| Condos | $1,299,000 | 0.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $794,000 | -0.5% |
2 Bed | $1,225,000 | 0.3% |
3 Bed | $1,956,000 | 0.4% |
4 Bed | $2,758,000 | 1.9% |
| 5 Bed | $4,691,000 | 5.6% |
% of Housing Stock
Rental Trends — Inner Richmond, San Francisco, CA
As of July '25, Rentcast reports the average rent in Inner Richmond, San Francisco, CA is $4,280, with a year-over-year rent change of 9.2%. Per bedroom, the median rent as of July '25 in Inner Richmond, San Francisco, CA is studios: $2,330, 1-bedrooms: $3,170, 2-bedrooms: $4,260, 3-bedrooms: $5,740, 4-bedrooms: $6,060. The most common rental property sizes in Inner Richmond, San Francisco, CA are 1-bedroom and 2-bedroom, accounting for 35.5% and 34.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,950 | $4,280 |
| Studio Rent | $2,400 | $2,330 |
| 1 Bed Rent | $2,800 | $3,170 |
| 2 Bed Rent | $4,000 | $4,260 |
| 3 Bed Rent | $4,950 | $5,740 |
| 4 Bed Rent | $5,000 | $6,060 |
% of Rental Stock
Property Listings — Inner Richmond, San Francisco, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Inner Richmond, San Francisco, CA is 44. This is a increase of 30.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,900,000 | -2.0% |
Listing Count | 44 | -2.0% |
| Listings as % of Homes | 0.1% | -2.0% |
Days on Market | 44 | 30.0% |
Demographics — Inner Richmond, San Francisco, CA
As of the latest ACS Survey released in 2023, Inner Richmond, San Francisco, CA has a population of 39,300, which has decreased by -5.3% over the past 5 years. Inner Richmond, San Francisco, CA is a less popular place for families, as children make up 13.9% of the population. The area has a highly educated workforce, with 72.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 39,300 | -5.3% |
% Under 18 | 13.9% | -2.1% |
% Seniors | 17.5% | 11.5% |
% WFH | 31.8% | 329.7% |
% w/ College Degree | 72.2% | 4.3% |
As of the latest ACS Survey released in 2023, Inner Richmond, San Francisco, CA is a predominantly white area, with 49.5% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Inner Richmond, San Francisco, CA is asian, making up 32.7% of the population. Foreign-born residents account for 24.6% of the population in Inner Richmond, San Francisco, CA, and this percentage has decreased by 13.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 49.5% | -6.4% |
% Black | 1.6% | -20.0% |
% Hispanic | 9.9% | 39.4% |
% Asian | 32.7% | -0.3% |
% Foreign Born | 24.6% | -13.4% |
Mortgage and Risk — Inner Richmond, San Francisco, CA
According to HUD data as of 2023, there were 219 mortgage originations in Inner Richmond, San Francisco, CA, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Inner Richmond, San Francisco, CA. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 219 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Inner Richmond, San Francisco, CA
As of 2024, the percent of homes in Inner Richmond, San Francisco, CA under the Section 8 program is 5.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Inner Richmond, San Francisco, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 599 |
Total Units Section 8 | 598 |
% Rentals under Section 8 | 5.5% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $2,800 | $2,540 |
| 2 Bedroom | -$970 | $4,000 | $3,030 |
| 3 Bedroom | -$1,240 | $4,950 | $3,710 |
| 4 Bedroom | -$970 | $5,000 | $4,030 |
Affordability — Inner Richmond, San Francisco, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 12.7 |
| Median Home Price | $1,893,000 |
| Median Household Income | $160,000 |