Cities with the fastest growing home prices in San Francisco metro area
Cities with the fastest growing home prices in San Francisco metro area
It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.
The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.
Stacker compiled a list of cities with the fastest-growing home prices in San Francisco-Oakland-Berkeley, CA metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. Data was available for 90 cities and towns in San Francisco.
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#30. Novato, Novato
- 5-year price change: +$378,498 (+46.7%)
- Typical home value: $1,189,564 (#65 most expensive city in metro)
#29. San Carlos, San Carlos
- 5-year price change: +$694,691 (+39.2%)
- Typical home value: $2,468,755 (#18 most expensive city in metro)
#28. Menlo Park, Menlo Park
- 5-year price change: +$644,594 (+28.5%)
- Typical home value: $2,907,952 (#11 most expensive city in metro)
#27. San Geronimo, San Geronimo
- 5-year price change: +$479,386 (+51.3%)
- Typical home value: $1,413,596 (#47 most expensive city in metro)
#26. San Rafael, San Rafael
- 5-year price change: +$505,141 (+50.4%)
- Typical home value: $1,507,497 (#44 most expensive city in metro)
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#25. Bolinas, Bolinas
- 5-year price change: +$1,116,632 (+91.6%)
- Typical home value: $2,335,804 (#20 most expensive city in metro)
#24. Belmont, Belmont
- 5-year price change: +$683,501 (+40.5%)
- Typical home value: $2,370,014 (#19 most expensive city in metro)
#23. Tomales, Tomales
- 5-year price change: +$458,953 (+56.4%)
- Typical home value: $1,272,554 (#59 most expensive city in metro)
#22. San Ramon, San Ramon
- 5-year price change: +$666,489 (+56.9%)
- Typical home value: $1,838,702 (#28 most expensive city in metro)
#21. Emerald Lake Hills, Emerald Lake Hills
- 5-year price change: +$855,139 (+40.8%)
- Typical home value: $2,952,931 (#10 most expensive city in metro)
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#20. Fairfax, Fairfax
- 5-year price change: +$496,845 (+54.5%)
- Typical home value: $1,408,671 (#48 most expensive city in metro)
#19. Woodacre, Woodacre
- 5-year price change: +$430,324 (+50.0%)
- Typical home value: $1,291,472 (#57 most expensive city in metro)
#18. Alamo, Alamo
- 5-year price change: +$853,667 (+45.3%)
- Typical home value: $2,736,655 (#14 most expensive city in metro)
#17. Sausalito, Sausalito
- 5-year price change: +$444,810 (+34.5%)
- Typical home value: $1,733,998 (#31 most expensive city in metro)
#16. Dillon Beach, Dillon Beach
- 5-year price change: +$622,237 (+68.1%)
- Typical home value: $1,536,321 (#43 most expensive city in metro)
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#15. Atherton, Atherton
- 5-year price change: +$1,603,588 (+26.5%)
- Typical home value: $7,656,846 (#1 most expensive city in metro)
#14. Danville, Danville
- 5-year price change: +$856,099 (+52.3%)
- Typical home value: $2,492,057 (#17 most expensive city in metro)
#13. Woodside, Woodside
- 5-year price change: +$1,260,931 (+37.4%)
- Typical home value: $4,628,370 (#5 most expensive city in metro)
#12. Hillsborough, Hillsborough
- 5-year price change: +$1,315,217 (+31.8%)
- Typical home value: $5,454,317 (#2 most expensive city in metro)
#11. Portola Valley, Portola Valley
- 5-year price change: +$887,866 (+26.6%)
- Typical home value: $4,228,531 (#7 most expensive city in metro)
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#10. Highlands-Baywood Park, Highlands-Baywood Park
- 5-year price change: +$744,371 (+39.2%)
- Typical home value: $2,643,188 (#16 most expensive city in metro)
#9. Corte Madera, Corte Madera
- 5-year price change: +$622,416 (+44.4%)
- Typical home value: $2,025,817 (#25 most expensive city in metro)
#8. Larkspur, Larkspur
- 5-year price change: +$678,170 (+41.8%)
- Typical home value: $2,299,919 (#21 most expensive city in metro)
#7. Mill Valley, Mill Valley
- 5-year price change: +$703,125 (+46.1%)
- Typical home value: $2,229,991 (#22 most expensive city in metro)
#6. Nicasio, Nicasio
- 5-year price change: +$823,395 (+60.4%)
- Typical home value: $2,186,352 (#23 most expensive city in metro)
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#5. Kentfield, Kentfield
- 5-year price change: +$814,357 (+35.9%)
- Typical home value: $3,081,233 (#9 most expensive city in metro)
#4. Tiburon, Tiburon
- 5-year price change: +$909,481 (+36.4%)
- Typical home value: $3,404,803 (#8 most expensive city in metro)
#3. Belvedere, Belvedere
- 5-year price change: +$1,354,264 (+35.1%)
- Typical home value: $5,210,653 (#3 most expensive city in metro)
#2. Ross, Ross
- 5-year price change: +$1,481,470 (+47.4%)
- Typical home value: $4,608,862 (#6 most expensive city in metro)
#1. Stinson Beach, Stinson Beach
- 5-year price change: +$2,084,038 (+68.6%)
- Typical home value: $5,120,620 (#4 most expensive city in metro)
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