ZIP Code 94123 — San Francisco, CA Home Prices (2026)
The typical home in ZIP 94123 (San Francisco, California) is worth about $2,490,000 at roughly $1390 per square foot — 76% more expensive than the San Francisco median and 747% more expensive than the typical U.S. home.
How 94123 compares
ZIP 94123 is one of the pricier ZIP codes in San Francisco: its typical home value of $2,490,000 ranks #1 of the 27 San Francisco ZIP codes we track (the citywide range runs from $745,000 in 94102 to $2,490,000 in 94123). Per square foot it costs about $1390, against $968 for San Francisco as a whole, $455 for California, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 94123 | $2,490,000 | $1390 |
| San Francisco, CA | $1,414,000 | $968 |
| California | $698,000 | $455 |
| United States | $294,000 | $195 |
Home value by size in 94123
Using this ZIP’s rate of about $1390 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $1,390,000 |
| 1,500 sq ft | $2,085,000 |
| 2,000 sq ft | $2,780,000 |
| 2,500 sq ft | $3,475,000 |
| 3,000 sq ft | $4,170,000 |
Salary needed to buy a home in ZIP 94123
To buy the typical $2,490,000 home in ZIP 94123 with 20% down, you need a household income of roughly $677,000 a year (about $15,810 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $805,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $124,500 | $19,650/mo | $842,000/yr |
| 10% (+PMI) | $249,000 | $18,780/mo | $805,000/yr |
| 20% | $498,000 | $15,810/mo | $677,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 94123
At about $1390 per square foot, here is roughly how much home different budgets get you in ZIP 94123:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $1.50M | 1080 sq ft | below the local median — condos, smaller or older homes |
| $2.00M | 1440 sq ft | around the typical home here |
| $3.00M | 2160 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 94123 home.
Estimate a specific home in 94123
The estimator below is pre-set to ZIP 94123 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All San Francisco ZIP codes by home value
Where 94123 sits among San Francisco’s 27 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 94123 (this page) | $2,490,000 | $1390 |
| 2 | 94118 | $2,240,000 | $1169 |
| 3 | 94127 | $2,010,000 | $968 |
| 4 | 94114 | $1,998,000 | $1113 |
| 5 | 94130 | $1,854,000 | $976 |
| 6 | 94121 | $1,821,000 | $996 |
| 7 | 94129 | $1,780,000 | $937 |
| 8 | 94131 | $1,748,000 | $937 |
| 9 | 94122 | $1,701,000 | $920 |
| 10 | 94117 | $1,669,000 | $952 |
| 11 | 94116 | $1,624,000 | $927 |
| 12 | 94115 | $1,530,000 | $1071 |
| 13 | 94133 | $1,421,000 | $1138 |
| 14 | 94110 | $1,414,000 | $974 |
| 15 | 94132 | $1,373,000 | $809 |
| 16 | 94158 | $1,348,000 | $1184 |
| 17 | 94112 | $1,165,000 | $794 |
| 18 | 94104 | $1,155,000 | $1045 |
| 19 | 94105 | $1,127,000 | $1239 |
| 20 | 94111 | $1,113,000 | $924 |
| 21 | 94134 | $1,070,000 | $727 |
| 22 | 94109 | $1,065,000 | $1010 |
| 23 | 94108 | $1,045,000 | $1290 |
| 24 | 94107 | $1,041,000 | $924 |
| 25 | 94124 | $931,000 | $683 |
| 26 | 94103 | $824,000 | $775 |
| 27 | 94102 | $745,000 | $940 |
ZIP 94123 home prices: frequently asked
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See the full San Francisco home values page, all California cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.