San Rafael, CA—94901
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in San Rafael, CA
Home Price Trends — San Rafael, CA
As of Oct '25, the median home price in San Rafael, CA is $1,373,000, with a year-over-year change of -2.8%. This indicates that home prices in San Rafael, CA are decreasing. According to Zillow, the 1-year price projection is -2.6%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,373,000 | -2.8% |
| Single Family | $1,484,000 | -2.4% |
| Condos | $526,000 | -1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $620,000 | -10.4% |
2 Bed | $845,000 | -3.3% |
3 Bed | $1,302,000 | -2.8% |
4 Bed | $1,807,000 | -1.4% |
| 5 Bed | $2,432,000 | -1.1% |
% of Housing Stock
Rental Trends — San Rafael, CA
As of July '25, Rentcast reports the average rent in San Rafael, CA is $3,520, with a year-over-year rent change of -8.3%. Per bedroom, the median rent as of July '25 in San Rafael, CA is studios: $2,250, 1-bedrooms: $2,290, 2-bedrooms: $3,200, 3-bedrooms: $5,360, 4-bedrooms: $6,980. The most common rental property sizes in San Rafael, CA are 2-bedroom and 1-bedroom, accounting for 36.6% and 34.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,850 | $3,520 |
| Studio Rent | $2,050 | $2,250 |
| 1 Bed Rent | $2,300 | $2,290 |
| 2 Bed Rent | $3,100 | $3,200 |
| 3 Bed Rent | $5,500 | $5,360 |
| 4 Bed Rent | $6,950 | $6,980 |
% of Rental Stock
Property Listings — San Rafael, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in San Rafael, CA is 39. This is a decrease of -9.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,340,000 | -9.0% |
Listing Count | 98 | 17.0% |
| Listings as % of Homes | 0.2% | 17.0% |
Days on Market | 39 | -9.0% |
Demographics — San Rafael, CA
As of the latest ACS Survey released in 2023, San Rafael, CA has a population of 41,100, which has decreased by -3.3% over the past 5 years. San Rafael, CA is a moderately popular place for families, as children make up 21.5% of the population. The area has a highly educated workforce, with 48.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 41,100 | -3.3% |
% Under 18 | 21.5% | -8.1% |
% Seniors | 19.2% | 22.3% |
% WFH | 23.8% | 153.2% |
% w/ College Degree | 48.4% | 3.2% |
As of the latest ACS Survey released in 2023, San Rafael, CA is a predominantly white area, with 48.8% of the population identifying as white. The white population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in San Rafael, CA is hispanic, making up 40.6% of the population. Foreign-born residents account for 29.7% of the population in San Rafael, CA, and this percentage has decreased by 2.3% 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 | 48.8% | -6.5% |
% Black | 0.8% | -60.0% |
% Hispanic | 40.6% | 7.1% |
% Asian | 5.8% | 16.0% |
% Foreign Born | 29.7% | -2.3% |
Mortgage and Risk — San Rafael, CA
According to HUD data as of 2023, there were 364 mortgage originations in San Rafael, CA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in San Rafael, CA. Investor activity is low, as 3.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 364 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — San Rafael, CA
As of 2024, the percent of homes in San Rafael, CA under the Section 8 program is 8.4%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in San Rafael, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 681 |
Total Units Section 8 | 658 |
% Rentals under Section 8 | 8.4% |
% Occupied Section 8 | 91.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $240 | $2,300 | $2,540 |
| 2 Bedroom | -$70 | $3,100 | $3,030 |
| 3 Bedroom | -$1,790 | $5,500 | $3,710 |
| 4 Bedroom | -$2,920 | $6,950 | $4,030 |
Affordability — San Rafael, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 12.8 |
| Median Home Price | $1,373,000 |
| Median Household Income | $109,000 |