Outer Richmond, San Francisco, CA—94121
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Outer Richmond, San Francisco, CA
As of Oct '25, the median home price in Outer Richmond, San Francisco, CA is $1,558,000, with a year-over-year change of -2.3%. This indicates that home prices in Outer Richmond, San Francisco, CA are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,558,000 | -2.3% |
| Single Family | $1,654,000 | -0.9% |
| Condos | $1,092,000 | -2.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $798,000 | -1.1% |
2 Bed | $1,259,000 | -0.6% |
3 Bed | $1,606,000 | -0.7% |
4 Bed | $2,066,000 | 0.2% |
| 5 Bed | $2,614,000 | -0.8% |
% of Housing Stock
Rental Trends — Outer Richmond, San Francisco, CA
As of July '25, Rentcast reports the average rent in Outer Richmond, San Francisco, CA is $3,640, with a year-over-year rent change of 1.1%. Per bedroom, the median rent as of July '25 in Outer Richmond, San Francisco, CA is studios: $2,230, 1-bedrooms: $2,510, 2-bedrooms: $3,960, 3-bedrooms: $5,590, 4-bedrooms: $5,230. The most common rental property sizes in Outer Richmond, San Francisco, CA are 2-bedroom and 1-bedroom, accounting for 39.5% and 32.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,640 |
| Studio Rent | $2,200 | $2,230 |
| 1 Bed Rent | $2,600 | $2,510 |
| 2 Bed Rent | $4,000 | $3,960 |
| 3 Bed Rent | $5,500 | $5,590 |
| 4 Bed Rent | $5,940 | $5,230 |
% of Rental Stock
Property Listings — Outer Richmond, San Francisco, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Outer Richmond, San Francisco, CA is 40. This is a increase of 40.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,940,000 | -1.0% |
Listing Count | 31 | -27.0% |
| Listings as % of Homes | 0.1% | -27.0% |
Days on Market | 40 | 40.0% |
Demographics — Outer Richmond, San Francisco, CA
As of the latest ACS Survey released in 2023, Outer Richmond, San Francisco, CA has a population of 43,000, which has decreased by -1.8% over the past 5 years. Outer Richmond, San Francisco, CA is a moderately popular place for families, as children make up 16.1% of the population. The area has a highly educated workforce, with 63.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 43,000 | -1.8% |
% Under 18 | 16.1% | 11.0% |
% Seniors | 21.1% | 9.9% |
% WFH | 29.5% | 278.2% |
% w/ College Degree | 63.9% | 11.1% |
As of the latest ACS Survey released in 2023, Outer Richmond, San Francisco, CA is a predominantly asian area, with 41.9% of the population identifying as asian. The asian population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Outer Richmond, San Francisco, CA is white, making up 40.6% of the population. Foreign-born residents account for 35.0% of the population in Outer Richmond, San Francisco, CA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 40.6% | -1.0% |
% Black | 2.1% | 10.5% |
% Hispanic | 8.4% | 40.0% |
% Asian | 41.9% | -6.7% |
% Foreign Born | 35.0% | 0.0% |
Mortgage and Risk — Outer Richmond, San Francisco, CA
According to HUD data as of 2023, there were 249 mortgage originations in Outer Richmond, San Francisco, CA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 0.0% above 90% LTV (normal). This implies small mortgage risk in Outer Richmond, San Francisco, CA. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 249 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Outer Richmond, San Francisco, CA
As of 2024, the percent of homes in Outer Richmond, San Francisco, CA under the Section 8 program is 7.8%. 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 Outer 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 | 766 |
Total Units Section 8 | 734 |
% Rentals under Section 8 | 7.8% |
% Occupied Section 8 | 90.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $2,600 | $2,540 |
| 2 Bedroom | -$970 | $4,000 | $3,030 |
| 3 Bedroom | -$1,790 | $5,500 | $3,710 |
| 4 Bedroom | -$1,910 | $5,940 | $4,030 |
Affordability — Outer Richmond, San Francisco, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 11.6 |
| Median Home Price | $1,558,000 |
| Median Household Income | $138,000 |