How much is a home worth in ZIP code 94121?

The typical home in 94121 is worth $1,738,109, based on the Zillow Home Value Index.

Are home values rising in 94121?

Home values in 94121 are up 6.8% over the past year, and up 0.4% a year over five years.

What is the typical rent in 94121?

A typical home in 94121 rents for about $3,689 a month, a gross rental yield of 2.5%.

What is the property tax rate in 94121?

The effective property tax rate in 94121 is 0.7% — roughly $11,527 a year on a typical home.

ZIP code 94121 has a population of 41,995 and a median household income of $133,358.

HousingHandbookReference data

…

U.S. ZIP Code · CA94121

San Francisco County · San Francisco-Oakland-Fremont, CA

Typical home value

$1,738,109^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +6.8%
5-year / yr: +0.4%
10-year / yr: +1.9%

Relative price

vs U.S.: +511.9%
vs metro: +39.0%
vs state: +148.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 94121 is worth $1,738,109 — 39.0% above the San Francisco-Oakland-Fremont, CA median. Over the past year, values have risen 6.8%. Homes here rent for a typical $3,689 a month — a 2.5% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $3,689^[2]
Gross yield: 2.5%^[2]
Cap rate: 1.5%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $11,527^[3]

#Climate risk

FEMA National Risk Index ratings for San Francisco County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very High^[4]
Riverine flood: Relatively High
Coastal flood: Relatively Moderate
Wildfire: Very Low
Drought: Relatively Moderate
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Very High
Winter weather: Very Low

#Who lives here

Population: 41,995^[3]
Median household income: $133,358^[3]

#Migration

Household moves in and out of San Francisco County over a year, from IRS tax-return data.

Net migration: -913^[5]
Moved in: 33,627
Moved out: 34,540

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 3
Middle: 1
High: 2

Washington (George) High
High · Grades 9–12 · San Francisco Unified
2,008 students
Presidio Middle
Middle · Grades 6–8 · San Francisco Unified
980 students
Lafayette Elementary
Elementary · Grades K–5 · San Francisco Unified
474 students
Alamo Elementary
Elementary · Grades K–5 · San Francisco Unified
393 students
Argonne Elementary
Elementary · Grades K–5 · San Francisco Unified
368 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield2.5%

Net yield (after ~40% expenses)1.5%

Annual rent$44,268

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$8,789

Loan principal$1,390,488

Down payment$347,622

Total interest paid$1,773,490

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio3.03

Monthly cost to own$11,193

Monthly rent$3,689

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 37th percentile^[1]
Rental yield: 24th percentile^[2]
Property tax: 26th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 94121?: The typical home in 94121 is worth $1,738,109, based on the Zillow Home Value Index.
Are home values rising in 94121?: Home values in 94121 are up 6.8% over the past year, and up 0.4% a year over five years.
What is the typical rent in 94121?: A typical home in 94121 rents for about $3,689 a month, a gross rental yield of 2.5%.
What is the property tax rate in 94121?: The effective property tax rate in 94121 is 0.7% — roughly $11,527 a year on a typical home.
Who lives in 94121?: ZIP code 94121 has a population of 41,995 and a median household income of $133,358.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

94566 vs 94121 →
Pleasanton, CA
Typical home
$1,741,684
Gross yield
2.2%
94404 vs 94121 →
Foster City, CA
Typical home
$1,763,097
Gross yield
2.7%
94582
San Ramon, CA
Typical home
$1,766,708
Gross yield
2.2%
94960
Sleepy Hollow CDP, CA
Typical home
$1,700,114
Gross yield
2.6%
94707
Berkeley, CA
Typical home
$1,786,396
Gross yield
2.5%
94526
Danville, CA
Typical home
$1,795,866
Gross yield
2.7%

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#Jump to section

U.S. ZIP Code · CA94121

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