The South of Market housing market is somewhat competitive. Homes in South of Market receive 1 offers on average and sell in around 72 days. The median sale price of a home in South of Market was $1.1M last month, up 7.4% since last year. The median sale price per square foot in South of Market is $948, up 1.2% since last year.
What is the housing market like in South of Market today?
In March 2024, South of Market home prices were up 7.4% compared to last year, selling for a median price of $1.1M. On average, homes in South of Market sell after 72 days on the market compared to 68 days last year. There were 95 homes sold in March this year, down from 117 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,053,000
+7.4% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South of Market, CA
$1,053,000
+7.4%
United States
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How hot is the South of Market housing market?
South of Market is somewhat competitive. Homes sell in 54 days.
0
100
44
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 54 days.
Hot homes
can sell for around list price and go pending in around 22 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Lau (gordon J.) Elementary School
Public • K-5 • Choice school
695
Students
4 reviews
5/10
Redding Elementary School
Public • K-5 • Choice school
240
Students
17 reviews
4/10
Spring Valley Elementary School
Public • K-5 • Choice school
327
Students
9 reviews
3/10
Tenderloin Community
Public • K-5 • Choice school
314
Students
10 reviews
3/10
Marshall Elementary School
Public • K-5 • Choice school
247
Students
5 reviews
Only showing 5 of
8 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on South of Market housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South of Market.
Risk Factor
Flood Factor - Moderate
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South of Market has a moderate risk of flooding. 407 properties in South of Market are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in South of Market. Flood risk is increasing faster than the national average.
South of Market has minimal risk of severe winds over the next 30 years
Wind Factor
South of Market has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.