94123 — San Francisco, CA Home Values
Typical home value $2,421,080 as of June 2026 · 13th of 166 in San Francisco-Oakland-Berkeley, CA
Blue: typical home value (Zillow ZHVI) in ZIP code 94123, June 2021 to June 2026. This page shows observed data only; no forecast.
How 94123 compares in the San Francisco-Oakland-Berkeley, CA area
ZIP code 94123 (San Francisco, CA) has a typical home value of $2,421,080 as of June 2026, ranking 13th of 166 ZIP codes tracked in the San Francisco-Oakland-Berkeley, CA area, more expensive than about 93% of ZIP codes in the metro. Prices here have moved +13.7% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +7.4%, from $2,254,860 in June 2021 to $2,421,080 in June 2026. Against observed rent, the typical home here sells for 41.5× the annual rent ($4,858/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the San Francisco-Oakland-Berkeley, CA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in San Francisco.
Population and demographics
ZIP code 94123 has a population of 24,518, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 73.4% White, 10.1% Asian, 8.9% Hispanic or Latino, 6.1% two or more races, 0.5% Native Hawaiian or Pacific Islander, 0.4% Black or African American, 0.3% another race, and 0.2% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Marina Middle | 3500 Fillmore St., San Francisco, CA | 0.1 mi |
| Tule Elk Park Children Center | 2110 Greenwich St., San Francisco, CA | 0.2 mi |
| Sherman Elementary | 1651 Union St., San Francisco, CA | 0.5 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 94123?
$2,421,080 as of June 2026, the latest month Zillow has published observed data for.
Is 94123 an expensive ZIP code in the San Francisco-Oakland-Berkeley, CA area?
94123 ranks 13th of 166 ZIP codes in the San Francisco-Oakland-Berkeley, CA area by typical home value, more expensive than about 93% of ZIP codes in the metro.
How much have home values in 94123 changed over the past year?
+13.7% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 94123?
The typical home price is 41.5× the observed annual rent in this ZIP code ($4,858/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 94123?
24,518, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 94123?
Marina Middle (0.1 mi), Tule Elk Park Children Center (0.2 mi), Sherman Elementary (0.5 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 94123?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the San Francisco-Oakland-Berkeley, CA forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.