South San Francisco Housing Market Report – May 2026
Here's a look at how the South San Francisco, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 36
- Median Sale Price: $1,312,500
- Average Sale Price: $1,301,231
- Average Price Per Sq Ft: $836
- Average Days on Market: 41
- Sale-to-List Price Ratio: 108.1%
Month-Over-Month Trends
Compared to April, the median sale price in South San Francisco moved 11.7% up (from $1,175,000 to $1,312,500). The number of homes sold was 28.6% up compared to the prior month (28 vs. 36). Average days on market shifted 34.9% down (63 days to 41 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 9.8% up (from $1,195,000 to $1,312,500). Sales volume is 9.1% up year-over-year.
What This Means
South San Francisco's housing market is firing on all cylinders heading into early summer. The median sale price jumped 11.7% month-over-month to $1.3125 million, continuing a steady upward trajectory with nearly 10% year-over-year gains. What's particularly telling is that homes are selling for 108% of list price, indicating genuine buyer demand in a market where inventory remains relatively tight. At $836 per square foot, prices reflect the area's appeal as an affordable gateway to the Peninsula for Bay Area buyers priced out of Palo Alto or Mountain View.
The real story here is velocity. Homes are moving fast, now averaging just 41 days on market versus 63 days two months ago. That 35% improvement in absorption speed points to strong spring seasonality and suggests buyers are eager to close before summer. With only 66 active listings against steady demand, sellers have meaningful leverage right now.
That said, the 66 active listings sit at a median ask of just $1.05 million, well below current sales prices. This disconnect suggests new inventory coming to market may be priced hopefully low, creating potential negotiation room for savvy buyers—though in this competitive environment, that advantage won't last long.
South San Francisco Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94080 | 36 | $1,312,500 | $836 | 41 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 31 | $1,355,000 | $851 |
| CONDOS | 4 | $851,900 | $754 |
| MULTI_FAMILY | 1 | $1,361,500 | $698 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $500K - $749K | 1 |
| $750K+ | 35 |
Current Active Listings
As of this report, there are 66 active listings in South San Francisco with a median asking price of $1,049,500 and an average of 41 days on market.
Thinking About Selling Your South San Francisco Home?
If you're a homeowner in South San Francisco considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in South San Francisco and throughout San Mateo County — get a no-obligation cash offer today.