Zip Code: 94104 (San Francisco, California) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 94104 Zip Code (San Francisco, California) in February 2026 was $1,083,413.836. The month over month percentage change (MoM) was -0.39%, and the year over year percentage change (YoY) was -1.54%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 94104 zip code (San Francisco, California). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 94104 zip code (San Francisco, California).

You can see similar information for other California zip codes, and for California.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 94104 (San Francisco, California) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 94104 (San Francisco, California) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1443708.0221303657 0.92 13.28
Feb 2015 1459587.43165099 1.10 13.76
Mar 2015 1468218.7326134036 0.59 13.70
Apr 2015 1473593.2146859767 0.37 12.71
May 2015 1480506.879879498 0.47 11.51
Jun 2015 1497766.195475284 1.17 10.70
Jul 2015 1512279.802791018 0.97 10.99
Aug 2015 1522259.1759560264 0.66 11.05
Sep 2015 1521564.6663019934 -0.05 10.19
Oct 2015 1520871.5681922787 -0.05 8.43
Nov 2015 1518085.878113338 -0.18 7.07
Dec 2015 1517460.454955237 -0.04 6.08
Jan 2016 1522389.311575346 0.33 5.45
Feb 2016 1529319.9439408279 0.46 4.78
Mar 2016 1535231.2176449157 0.39 4.56
Apr 2016 1533738.2617574688 -0.10 4.08
May 2016 1526390.8664307424 -0.48 3.10
Jun 2016 1515736.5362286868 -0.70 1.20
Jul 2016 1498092.4902310183 -1.16 -0.94
Aug 2016 1473099.7012823077 -1.67 -3.23
Sep 2016 1444648.9049322738 -1.93 -5.05
Oct 2016 1429954.3823286016 -1.02 -5.98
Nov 2016 1432485.7552938357 0.18 -5.64
Dec 2016 1438186.0000775296 0.40 -5.22
Jan 2017 1439783.1429647591 0.11 -5.43
Feb 2017 1440792.0085171529 0.07 -5.79
Mar 2017 1442751.9197961527 0.14 -6.02
Apr 2017 1440042.9001114469 -0.19 -6.11
May 2017 1430660.08949648 -0.65 -6.27
Jun 2017 1418499.2001964916 -0.85 -6.41
Jul 2017 1403253.1608417027 -1.07 -6.33
Aug 2017 1389699.9812257327 -0.97 -5.66
Sep 2017 1382359.9455961639 -0.53 -4.31
Oct 2017 1381571.107364009 -0.06 -3.38
Nov 2017 1381858.8340154684 0.02 -3.53
Dec 2017 1375842.0430310518 -0.43 -4.33
Jan 2018 1371434.4208927148 -0.32 -4.75
Feb 2018 1364301.5800163052 -0.52 -5.31
Mar 2018 1359610.100881533 -0.34 -5.76
Apr 2018 1354679.7688445223 -0.36 -5.93
May 2018 1357102.3931199803 0.18 -5.14
Jun 2018 1360353.40186154 0.24 -4.10
Jul 2018 1360546.2118375541 0.01 -3.04
Aug 2018 1352916.4128498805 -0.56 -2.65
Sep 2018 1343475.5120734451 -0.70 -2.81
Oct 2018 1330007.008851126 -1.00 -3.73
Nov 2018 1318138.442569168 -0.89 -4.61
Dec 2018 1310615.3361259962 -0.57 -4.74
Jan 2019 1307472.5523851656 -0.24 -4.66
Feb 2019 1302420.363111016 -0.39 -4.54
Mar 2019 1296776.7150228638 -0.43 -4.62
Apr 2019 1295066.7337295415 -0.13 -4.40
May 2019 1293877.5050193619 -0.09 -4.66
Jun 2019 1290803.4860534726 -0.24 -5.11
Jul 2019 1285351.9467150215 -0.42 -5.53
Aug 2019 1285644.4145773044 0.02 -4.97
Sep 2019 1284532.3893140042 -0.09 -4.39
Oct 2019 1281920.491619644 -0.20 -3.62
Nov 2019 1277274.5499314081 -0.36 -3.10
Dec 2019 1276529.3874179192 -0.06 -2.60
Jan 2020 1278168.9400215812 0.13 -2.24
Feb 2020 1279296.0037385998 0.09 -1.77
Mar 2020 1278208.3982138864 -0.08 -1.43
Apr 2020 1273966.7447162236 -0.33 -1.63
May 2020 1265344.284595717 -0.68 -2.20
Jun 2020 1253020.2239730929 -0.97 -2.93
Jul 2020 1239670.3538115928 -1.06 -3.55
Aug 2020 1228946.1497372095 -0.86 -4.41
Sep 2020 1221539.2786610995 -0.60 -4.90
Oct 2020 1215892.6224675493 -0.46 -5.15
Nov 2020 1214678.472874292 -0.10 -4.90
Dec 2020 1211844.9635354711 -0.23 -5.07
Jan 2021 1209858.5771516217 -0.16 -5.34
Feb 2021 1202650.2139846345 -0.60 -5.99
Mar 2021 1198221.6318206657 -0.37 -6.26
Apr 2021 1195860.8698723584 -0.20 -6.13
May 2021 1201366.175606164 0.46 -5.06
Jun 2021 1206200.8617305178 0.40 -3.74
Jul 2021 1216743.4925757777 0.87 -1.85
Aug 2021 1230081.045358109 1.10 0.09
Sep 2021 1250685.635023672 1.68 2.39
Oct 2021 1272932.1834178811 1.78 4.69
Nov 2021 1294260.0851364497 1.68 6.55
Dec 2021 1315828.3929990723 1.67 8.58
Jan 2022 1322743.5141767086 0.53 9.33
Feb 2022 1322367.9377017843 -0.03 9.95
Mar 2022 1317991.527716664 -0.33 10.00
Apr 2022 1314164.1826284884 -0.29 9.89
May 2022 1304498.2099147618 -0.74 8.59
Jun 2022 1286032.6717034548 -1.42 6.62
Jul 2022 1265218.0476736978 -1.62 3.98
Aug 2022 1237545.7563521336 -2.19 0.61
Sep 2022 1206731.6820444528 -2.49 -3.51
Oct 2022 1177545.7574404331 -2.42 -7.49
Nov 2022 1160363.767628649 -1.46 -10.34
Dec 2022 1150141.197777314 -0.88 -12.59
Jan 2023 1142502.3376205415 -0.66 -13.63
Feb 2023 1135195.8759799749 -0.64 -14.15
Mar 2023 1128206.7291771881 -0.62 -14.40
Apr 2023 1123346.420486236 -0.43 -14.52
May 2023 1119652.730615658 -0.33 -14.17
Jun 2023 1116346.7141793352 -0.29 -13.19
Jul 2023 1112315.270272742 -0.36 -12.08
Aug 2023 1107969.9321576136 -0.39 -10.47
Sep 2023 1103266.873525682 -0.42 -8.57
Oct 2023 1097914.6485609224 -0.48 -6.76
Nov 2023 1089300.4180753017 -0.78 -6.12
Dec 2023 1078293.835949566 -1.01 -6.25
Jan 2024 1068358.511797332 -0.92 -6.49
Feb 2024 1061853.9197207205 -0.61 -6.46
Mar 2024 1063292.8512819493 0.14 -5.75
Apr 2024 1068426.3014049546 0.48 -4.89
May 2024 1072814.0411802817 0.41 -4.18
Jun 2024 1068606.4235310815 -0.39 -4.28
Jul 2024 1062732.2442391394 -0.55 -4.46
Aug 2024 1056786.9760036063 -0.56 -4.62
Sep 2024 1058578.143919522 0.17 -4.05
Oct 2024 1063984.0615738851 0.51 -3.09
Nov 2024 1073558.8454629243 0.90 -1.44
Dec 2024 1083745.2307007324 0.95 0.51
Jan 2025 1093846.4357230554 0.93 2.39
Feb 2025 1100359.7955221774 0.60 3.63
Mar 2025 1101910.9735196845 0.14 3.63
Apr 2025 1099042.2604529683 -0.26 2.87
May 2025 1093291.8751720234 -0.52 1.91
Jun 2025 1087056.8304146826 -0.57 1.73
Jul 2025 1079397.657840241 -0.70 1.57
Aug 2025 1071192.0538671059 -0.76 1.36
Sep 2025 1065017.3767859647 -0.58 0.61
Oct 2025 1066102.0443511473 0.10 0.20
Nov 2025 1073640.4305328839 0.71 0.01
Dec 2025 1084128.2776175737 0.98 0.04
Jan 2026 1087677.190904758 0.33 -0.56
Feb 2026 1083413.8364310542 -0.39 -1.54