13 homes in Soma
$998K
Median Price
$933
Avg $/Sq Ft
26
Avg Days on Market
3
New This Week
Soma is a sought-after neighborhood in San Francisco, CA. Currently, there are 13 homes for sale in this area with a median listing price of $998K. The average price per square foot is $933.
San Francisco Market Report
Median Home Price
$8.00M
↑ 614.3% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
2.8 months of supply
Seller's MarketWith only 89 active listings, supply is tight.
What this means for buyers
Inventory is tight relative to how many homes sell each month—buyers have fewer options, and well-priced homes draw competition. Listings typically sell in ~61 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market—buyers often have strong leverage to negotiate price, terms, and repairs.
Inventory Distribution
Homes are selling quickly—most listings move within 30 days, signaling strong buyer demand.
Affordability Snapshot
Typical home cost
$7,547/mo
Actual housing expense
Affordable budget (28%)
$3,300/mo
Based on median income
Median household income
$11,787/mo
San Francisco
A typical home costs about 64% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$323K/year
Assumes housing costs ≤28% of income
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $445K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$859K)
Price Reductions
21 listings have reduced their price
24% of active listings
Average reduction: 9.4% (~$106K)
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