San Francisco · 10 most populous of 41 analysis neighborhoods

Real estate professionals in South of Market, San Francisco

Homes in South of Market have an estimated median value of $939,000, about 34% below the San Francisco median; 20% of occupied homes are owner-occupied.

Housing in South of Market at a glance

Population
about 25,795
Housing units
about 16,840
Median value, owner-occupied homes
$939,000San Francisco: $1,394,500 (-34%)
Median gross rent
$2,120 a monthSan Francisco: $2,476 (-15%)
Owner-occupied homes
20.2%San Francisco: 38.2%
Homes built before 1980
28.8%
Median year built
2003

South of Market, north-east of San Francisco's centre, is one of the newer parts of the city: the median home went up in 2003, and just 28.8% of the stock is older than 1980, ninth of ten. Tenants dominate, 11,004 households against 2,785 owning ones, so owners hold 20.2%, which is 18 points under the city and ninth of ten. A median value of $939,000 lands 34% beneath the city, ninth of ten, and rent is $2,120, 15% lower and eighth. Among its neighbours, Tenderloin is far lower at $617,000, Mission reaches $1,341,000 and Financial District/South Beach $1,349,000. The count here is 25,795 people and 16,840 housing units.

Questions about South of Market

What is the median home value in South of Market, San Francisco?

$939,000 for owner-occupied homes, against $1,394,500 for San Francisco as a whole (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary). It is the owners' own estimate of their home's value, not a sale price.

What is the median rent in South of Market?

$2,120 a month in gross rent (rent plus utilities paid by the renter), against $2,476 in San Francisco (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).

Do most people in South of Market own or rent?

Most rent: 20.2% of occupied homes are owner-occupied, against 38.2% in San Francisco (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).

Data and method

Data as of: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (retrieved 2026-11-02).

Estimate from the 7 census tracts whose internal point lies within the official boundary: counts are summed, and each median is recomputed from the summed value, rent and year-built brackets (grouped median, linear interpolation). The gap with the city is measured with the same method on the whole city.

South of Market is one of the 10 most populous of 41 analysis neighborhoods of San Francisco: estimated population about 25,795 (Payotte estimate: Census ACS 2020-2024 populations of the census tracts whose internal point lies inside the boundary; boundaries from DataSF, Analysis Neighborhoods (City and County of San Francisco), consulted 2026-11-02).

Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, tables B01003, B25001, B25003, B25034, B25063, B25064, B25075, B25077; U.S. Census Bureau, 2024 Gazetteer files (census tract internal points). City figures: the same survey, published for San Francisco as a whole. Home values are owners' estimates, not sale prices.

Near South of Market

The closest sectors of San Francisco, by distance between population centres.

Other sectors of San Francisco

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Five trades, one spot each

Payotte lists one professional per trade in South of Market. No one is listed yet: every spot is open.

  • Real estate agentOpen spot
  • Mortgage loan officerOpen spot
  • Home inspectorOpen spot
  • Real estate attorneyOpen spot
  • AppraiserOpen spot

Work in one of these trades in South of Market? Ask for your spot.