Zip Code: 94111 (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 94111 Zip Code (San Francisco, California) in February 2026 was $1,048,531.39. The month over month percentage change (MoM) was 0.59%, and the year over year percentage change (YoY) was 1.61%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 94111 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 94111 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: 94111 (San Francisco, California) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 94111 (San Francisco, California) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 1029720.5294703791 1.98 17.04
Feb 2015 1051006.7699828292 2.07 18.07
Mar 2015 1065956.4197799882 1.42 18.29
Apr 2015 1077483.0490747108 1.08 17.86
May 2015 1087456.1702402057 0.93 16.90
Jun 2015 1099695.4905477546 1.13 16.31
Jul 2015 1107523.4453427196 0.71 16.09
Aug 2015 1112258.693859701 0.43 15.97
Sep 2015 1117016.5702276723 0.43 15.59
Oct 2015 1123554.45129993 0.59 14.82
Nov 2015 1130576.434694942 0.63 13.93
Dec 2015 1135430.65080181 0.43 12.45
Jan 2016 1142837.6127253666 0.65 10.99
Feb 2016 1151655.3412049362 0.77 9.58
Mar 2016 1157623.0822965333 0.52 8.60
Apr 2016 1158005.220023486 0.03 7.47
May 2016 1152599.6153841207 -0.47 5.99
Jun 2016 1142912.1567682384 -0.84 3.93
Jul 2016 1127612.9394027253 -1.34 1.81
Aug 2016 1109529.4342580899 -1.60 -0.24
Sep 2016 1094190.6392421878 -1.38 -2.04
Oct 2016 1088823.1521500545 -0.49 -3.09
Nov 2016 1092073.4243688723 0.30 -3.41
Dec 2016 1097734.5525113053 0.52 -3.32
Jan 2017 1102128.2098364988 0.40 -3.56
Feb 2017 1106909.7952728244 0.43 -3.88
Mar 2017 1112714.210493575 0.52 -3.88
Apr 2017 1116118.1957870296 0.31 -3.62
May 2017 1115183.1410292068 -0.08 -3.25
Jun 2017 1115750.7076962776 0.05 -2.38
Jul 2017 1117797.5029364203 0.18 -0.87
Aug 2017 1120090.3905573972 0.21 0.95
Sep 2017 1123974.64087414 0.35 2.72
Oct 2017 1130265.264553711 0.56 3.81
Nov 2017 1139579.601826092 0.82 4.35
Dec 2017 1148042.6247398753 0.74 4.58
Jan 2018 1158536.5827632027 0.91 5.12
Feb 2018 1168903.1337429902 0.90 5.60
Mar 2018 1177143.6058072837 0.71 5.79
Apr 2018 1183180.0540458995 0.51 6.01
May 2018 1191651.5600191166 0.72 6.86
Jun 2018 1199580.97886903 0.67 7.51
Jul 2018 1200222.2526044706 0.05 7.37
Aug 2018 1195258.3560414591 -0.41 6.71
Sep 2018 1189708.594234199 -0.46 5.85
Oct 2018 1187925.3370727561 -0.15 5.10
Nov 2018 1187671.8553046302 -0.02 4.22
Dec 2018 1184133.1134408617 -0.30 3.14
Jan 2019 1179404.3078277186 -0.40 1.80
Feb 2019 1172993.6350080434 -0.54 0.35
Mar 2019 1171826.304851631 -0.10 -0.45
Apr 2019 1174538.475336588 0.23 -0.73
May 2019 1177640.909221321 0.26 -1.18
Jun 2019 1181324.8782797514 0.31 -1.52
Jul 2019 1183658.771172818 0.20 -1.38
Aug 2019 1186198.9201328151 0.22 -0.76
Sep 2019 1185591.8179403867 -0.05 -0.35
Oct 2019 1187643.5597544264 0.17 -0.02
Nov 2019 1191727.5676589066 0.34 0.34
Dec 2019 1199052.3451569432 0.62 1.26
Jan 2020 1201859.311695806 0.23 1.90
Feb 2020 1202163.7594506498 0.03 2.49
Mar 2020 1198705.1377704053 -0.29 2.29
Apr 2020 1195931.5272114298 -0.23 1.82
May 2020 1191014.6041462787 -0.41 1.14
Jun 2020 1183098.8973642217 -0.66 0.15
Jul 2020 1175317.1867376014 -0.66 -0.70
Aug 2020 1170559.5866104262 -0.40 -1.32
Sep 2020 1168745.5275503816 -0.15 -1.42
Oct 2020 1167143.9696620924 -0.14 -1.73
Nov 2020 1165840.4908268566 -0.11 -2.17
Dec 2020 1164225.6238217903 -0.14 -2.90
Jan 2021 1160010.264353071 -0.36 -3.48
Feb 2021 1151119.5735126485 -0.77 -4.25
Mar 2021 1141790.003662945 -0.81 -4.75
Apr 2021 1132267.786792974 -0.83 -5.32
May 2021 1129345.7424266608 -0.26 -5.18
Jun 2021 1129203.4767423423 -0.01 -4.55
Jul 2021 1133151.5027389226 0.35 -3.59
Aug 2021 1135325.6301093549 0.19 -3.01
Sep 2021 1135836.3403636173 0.05 -2.82
Oct 2021 1137933.9433188506 0.19 -2.50
Nov 2021 1144472.258409024 0.57 -1.83
Dec 2021 1153392.7975274771 0.78 -0.93
Jan 2022 1163661.8192442204 0.89 0.32
Feb 2022 1175493.280280398 1.02 2.12
Mar 2022 1188000.1755411392 1.06 4.05
Apr 2022 1195360.120136184 0.62 5.57
May 2022 1196464.166876118 0.09 5.94
Jun 2022 1189266.4878832698 -0.60 5.32
Jul 2022 1178432.2209329947 -0.91 4.00
Aug 2022 1159709.3103679505 -1.59 2.15
Sep 2022 1139038.157598348 -1.78 0.28
Oct 2022 1116887.302069902 -1.94 -1.85
Nov 2022 1097655.098342807 -1.72 -4.09
Dec 2022 1079859.2597665505 -1.62 -6.37
Jan 2023 1064645.0560117445 -1.41 -8.51
Feb 2023 1050639.146916812 -1.32 -10.62
Mar 2023 1040361.1640454471 -0.98 -12.43
Apr 2023 1033922.125349458 -0.62 -13.50
May 2023 1032538.6191500298 -0.13 -13.70
Jun 2023 1033512.1248792579 0.09 -13.10
Jul 2023 1034552.267544648 0.10 -12.21
Aug 2023 1035611.1561243517 0.10 -10.70
Sep 2023 1035811.9906295292 0.02 -9.06
Oct 2023 1035176.5082124377 -0.06 -7.32
Nov 2023 1031898.4616762142 -0.32 -5.99
Dec 2023 1027079.9953477983 -0.47 -4.89
Jan 2024 1020265.44615331 -0.66 -4.17
Feb 2024 1013812.9460075913 -0.63 -3.50
Mar 2024 1011466.061127172 -0.23 -2.78
Apr 2024 1012005.3174072498 0.05 -2.12
May 2024 1012661.962725629 0.07 -1.92
Jun 2024 1006787.2458594016 -0.58 -2.59
Jul 2024 1002496.9325445099 -0.43 -3.10
Aug 2024 1000165.4255846003 -0.23 -3.42
Sep 2024 1004038.3868622794 0.39 -3.07
Oct 2024 1008540.3050153257 0.45 -2.57
Nov 2024 1015808.7488831923 0.72 -1.56
Dec 2024 1023152.8366035516 0.72 -0.38
Jan 2025 1029697.4351871832 0.64 0.92
Feb 2025 1031909.8096312103 0.22 1.79
Mar 2025 1031191.8670713459 -0.07 1.95
Apr 2025 1029527.7316994021 -0.16 1.73
May 2025 1027898.9436326427 -0.16 1.51
Jun 2025 1027836.2291917461 -0.01 2.09
Jul 2025 1027585.6789064063 -0.02 2.50
Aug 2025 1027310.1109301746 -0.03 2.71
Sep 2025 1028005.3252157433 0.07 2.39
Oct 2025 1029407.640816528 0.14 2.07
Nov 2025 1031857.8815158536 0.24 1.58
Dec 2025 1036685.4275073871 0.47 1.32
Jan 2026 1042354.7524527436 0.55 1.23
Feb 2026 1048531.3902287679 0.59 1.61