Western Addition, San Francisco, CA—94115
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Western Addition, San Francisco, CA
As of Oct '25, the median home price in Western Addition, San Francisco, CA is $1,325,000, with a year-over-year change of 0.4%. This indicates that home prices in Western Addition, San Francisco, CA are flat. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,325,000 | 0.4% |
| Single Family | $2,918,000 | 3.0% |
| Condos | $1,077,000 | -0.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $722,000 | -2.2% |
2 Bed | $1,162,000 | 0.4% |
3 Bed | $1,839,000 | 2.2% |
4 Bed | $3,370,000 | 3.4% |
| 5 Bed | $6,319,000 | 4.4% |
% of Housing Stock
Rental Trends — Western Addition, San Francisco, CA
As of July '25, Rentcast reports the average rent in Western Addition, San Francisco, CA is $4,330, with a year-over-year rent change of 9.9%. Per bedroom, the median rent as of July '25 in Western Addition, San Francisco, CA is studios: $2,540, 1-bedrooms: $3,220, 2-bedrooms: $4,920, 3-bedrooms: $6,400, 4-bedrooms: $6,920. The most common rental property sizes in Western Addition, San Francisco, CA are 1-bedroom and studio, accounting for 41.2% and 24.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,900 | $4,330 |
| Studio Rent | $2,400 | $2,540 |
| 1 Bed Rent | $3,200 | $3,220 |
| 2 Bed Rent | $4,600 | $4,920 |
| 3 Bed Rent | $6,100 | $6,400 |
| 4 Bed Rent | $7,280 | $6,920 |
% of Rental Stock
Property Listings — Western Addition, San Francisco, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Western Addition, San Francisco, CA is 94. This is a increase of 121.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,360,000 | -9.0% |
Listing Count | 61 | -8.0% |
| Listings as % of Homes | 0.2% | -8.0% |
Days on Market | 94 | 121.0% |
Demographics — Western Addition, San Francisco, CA
As of the latest ACS Survey released in 2023, Western Addition, San Francisco, CA has a population of 32,700, which has decreased by -6.5% over the past 5 years. Western Addition, San Francisco, CA is a less popular place for families, as children make up 10.6% of the population. The area has a highly educated workforce, with 73.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 32.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,700 | -6.5% |
% Under 18 | 10.6% | -19.7% |
% Seniors | 19.4% | 19.8% |
% WFH | 32.2% | 347.2% |
% w/ College Degree | 73.6% | 5.1% |
As of the latest ACS Survey released in 2023, Western Addition, San Francisco, CA is a predominantly white area, with 49.2% of the population identifying as white. The white population has shrunk by 6.8% in the last 5 years. The second most common race or ethnicity in Western Addition, San Francisco, CA is asian, making up 20.0% of the population. Foreign-born residents account for 25.9% of the population in Western Addition, San Francisco, CA, and this percentage has increased by 5.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 49.2% | -6.8% |
% Black | 10.6% | 5.0% |
% Hispanic | 10.6% | 24.7% |
% Asian | 20.0% | -9.9% |
% Foreign Born | 25.9% | 5.3% |
Mortgage and Risk — Western Addition, San Francisco, CA
According to HUD data as of 2023, there were 232 mortgage originations in Western Addition, San Francisco, CA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Western Addition, San Francisco, 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 | 232 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Western Addition, San Francisco, CA
As of 2024, the percent of homes in Western Addition, San Francisco, CA under the Section 8 program is 22.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Western Addition, 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 | 2,983 |
Total Units Section 8 | 2,690 |
% Rentals under Section 8 | 22.3% |
% Occupied Section 8 | 91.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$230 | $3,200 | $2,970 |
| 2 Bedroom | -$1,060 | $4,600 | $3,540 |
| 3 Bedroom | -$1,680 | $6,100 | $4,420 |
| 4 Bedroom | -$2,590 | $7,280 | $4,690 |
Affordability — Western Addition, San Francisco, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9 |
| Median Home Price | $1,325,000 |
| Median Household Income | $154,000 |