San Francisco FHA Loan Rates, Closing Costs & Stats

San Francisco-Oakland-Berkeley, CA

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    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    San Francisco's 142 lenders originated 2,202 FHA loans during 2023. The total origination value was $1,404,180,000, with an average FHA loan value of $637,684.

    San Francisco FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in San Francisco averaged 6.58% for the week of 2024-04-19, compared to the national average (all FHA variants) of 6.855% for the same period.

    San Francisco's average FHA mortgage closing costs are $15,721.

    The average rate for the prior week (2024-04-12) was 6.37% and one month ago for the week of 2024-03-15, the average rate was 6.34%.

    The average rate one year ago was 6.07%.

    For refis of the same type during the week of 2024-04-19, the average rate was 6.58%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    San Francisco FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the San Francisco level.

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 379 6.17% $24,713
    QUICKEN LOANS, LLC 249 6.20% $21,686
    CROSSCOUNTRY MORTGAGE, LLC 68 6.46% $25,164
    AMERICAN PACIFIC MORTGAGE CORPORATION 66 6.45% $26,155
    GUARANTEED RATE, INC. 47 6.30% $21,616
    LOANDEPOT.COM, LLC 43 6.06% $22,199
    BROKER SOLUTIONS, INC. 40 6.46% $23,161
    EVERETT FINANCIAL, INC. 39 6.84% $23,141
    Century Mortgage Company DBA Century Lending Company 38 6.37% $23,462
    Paramount Residential Mortgage Group, Inc. 36 6.66% $25,521
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 32 6.40% $22,207
    CMG MORTGAGE, INC. 29 6.52% $24,124
    PENNYMAC LOAN SERVICES, LLC 26 6.04% $22,098
    GUILD MORTGAGE COMPANY 23 6.49% $24,811
    HOMEBRIDGE FINANCIAL SERVICES, INC. 21 6.08% $22,917
    NEWREZ LLC 20 5.77% $23,260
    AMERICAN FINANCIAL NETWORK, INC. 19 6.71% $26,127
    OCMBC, INC. 15 6.83% $23,995
    EAGLE HOME MORTGAGE, LLC 15 6.18% $20,001
    Sierra Pacific Mortgage Company, Inc. 13 6.23% $24,322
    ALLIED MORTGAGE GROUP, INC. 13 6.79% $19,170
    Commerce Home Mortgage, Inc. 13 6.93% $19,980
    KBHS HOME LOANS, LLC 13 6.09% $26,379
    SUN WEST MORTGAGE COMPANY, INC. 12 6.32% $26,110
    ENVOY MORTGAGE, LTD 12 6.34% $24,051
    Mr. Cooper ( Nationstar Mortgage ) 12 6.08% $26,784
    PLAZA HOME MORTGAGE, INC. 11 6.50% $20,441
    Vellum Mortgage, Inc. 11 6.93% $16,757
    SUMMIT FUNDING, INC. 10 6.21% $23,922
    U.S. Bank 10 6.42% $22,409
    HOMEOWNERS FINANCIAL GROUP USA, LLC 10 6.43% $29,217
    FREEDOM MORTGAGE CORPORATION 10 6.31% $31,014
    ALAMEDA MORTGAGE CORPORATION 10 6.81% $19,046
    Equity Prime Mortgage LLC 10 6.43% $24,896
    CARDINAL FINANCIAL 10 6.28% $31,786
    Flagstar Bank, FSB 9 6.48% $19,931
    BAY EQUITY LLC 9 6.19% $23,824
    MASON MCDUFFIE MORTGAGE CORPORATION 9 6.36% $27,198
    Carrington Mortgage Services, LLC 8 6.23% $26,703
    South Pacific Financial Corporation 8 5.89% $15,578
    PRIMARY RESIDENTIAL MORTGAGE, INC. 7 6.84% $25,851
    MLD MORTGAGE INC. 7 6.91% $22,929
    JPMorgan Chase Bank 7 6.09% $19,516
    Performance Financial, Inc. 7 6.84% $27,760
    PACIFIC RESIDENTIAL MORTGAGE, LLC 7 6.21% $20,021
    CALCON MUTUAL MORTGAGE LLC 7 6.82% $25,191
    Golden Empire Mortgage, Inc. 6 6.33% $24,326
    GUARANTEED RATE AFFINITY, LLC 6 6.48% $22,464
    AMERISAVE MORTGAGE CORPORATION 6 5.81% $30,366
    TRAVIS CREDIT UNION 6 6.44% $14,881
    UNION HOME MORTGAGE CORP. 6 6.83% $27,703
    NATIONS DIRECT MORTGAGE, LLC 6 6.17% $31,090
    Wells Fargo Bank 6 6.48% $17,134
    Prosperity Home Mortgage, LLC 6 6.27% $26,033
    ON Q FINANCIAL, INC. 6 7.21% $24,806
    AMCAP MORTGAGE, LTD. 5 6.58% $33,664
    LAND HOME FINANCIAL SERVICES, INC. 5 6.65% $29,107
    MUTUAL OF OMAHA MORTGAGE, INC. 5 6.78% $23,366
    ZILLOW HOME LOANS, LLC 5 6.18% $22,949
    RESIDENTIAL BANCORP 5 6.60% $20,166
    S1L, Inc. 5 6.35% $28,445
    THE GOLDEN 1 4 6.47% $23,525
    BECKAM FUNDING CORP. 4 6.65% $44,945
    PLANET HOME LENDING, LLC 4 6.12% $19,542
    TOP FLITE FINANCIAL, INC. 4 6.91% $36,527
    PREMIER MORTGAGE RESOURCES, L.L.C. 4 6.56% $30,140
    Ameris Bank 4 6.47% $12,499
    DRAPER AND KRAMER MORTGAGE CORP. 3 6.33% $18,262
    TJC Mortgage, Inc. 3 6.54% $19,012
    Franklin Loan Corporation 3 5.50% $25,127
    AXIA FINANCIAL, LLC 3 5.50% $22,157
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 3 6.88% $13,923
    JMAC LENDING, INC. 3 6.50% $32,382
    NFM, INC. 3 6.46% $28,037
    Keystone Funding, Inc. 3 6.12% $17,804
    LEADERONE FINANCIAL CORPORATION 3 6.96% $31,533
    COASTAL FUNDING SLC, INC. 3 6.42% $29,070
    PNC Bank 2 6.81% $17,478
    AMERICAN FINANCIAL RESOURCES, INC. 2 6.56% $41,060
    AMERITRUST MORTGAGE CORPORATION 2 6.75% $27,136
    Barrington Bank & Trust Company, N.A. 2 6.69% $20,866
    BETTER MORTGAGE CORPORATION 2 6.69% $14,869
    CALIBER HOME LOANS, INC. 2 6.50% $14,093
    Citizens Bank 2 5.38% $24,131
    HOMESIDE FINANCIAL, LLC 2 6.75% $17,548
    Lakeview Community Capital, LLC 2 6.75% $11,209
    LAKEVIEW LOAN SERVICING, LLC 2 7.00% $35,602
    MORTGAGE SOLUTIONS OF COLORADO, LLC 2 6.06% $30,341
    Nations Lending Corporation 2 6.25% $13,877
    NexBank 2 6.38% $24,423
    PANORAMA MORTGAGE GROUP, LLC 2 6.19% $25,761
    Paramount Bank 2 5.88% $20,627
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.94% $28,894
    SECURITYNATIONAL MORTGAGE COMPANY 2 6.44% $31,302
    Strong Home Mortgage, LLC 2 5.81% $18,032
    The Federal Savings Bank 2 6.13% $30,571
    VILLAGE CAPITAL MORTGAGE 2 6.25% $41,604
    Watermark Capital, Inc. 2 6.38% $21,559
    AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 6.63% $27,090
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.00% $28,688
    MK LENDING CORP. 1 6.00% $33,846
    MID AMERICA MORTGAGE, INC. 1 7.38% $10,193
    Loan Simple, Inc. 1 5.50% $31,677
    PHH Mortgage Corporation 1 6.13% $16,471
    Plains Commerce Bank 1 5.50% $16,728
    LOANPAL, LLC 1 5.63% $26,102
    LIBERTY HOME MORTGAGE CORPORATION 1 6.63% $30,575
    AHL FUNDING 1 6.13% $22,259
    LADERA LENDING, INC. 1 5.63% $40,776
    INTELLILOAN, INC. 1 6.63% $13,050
    VERITAS FUNDING, LLC 1 6.63% $24,816
    INSPIRE HOME LOANS INC. 1 6.50% $26,356
    Hometown Equity Mortgage, LLC 1 7.13% $12,968
    Quontic Bank 1 6.38% $28,998
    HOME APPROVALS DIRECT, INC. 1 7.25% $26,660
    First Bank 1 6.75% $25,210
    American Mortgage & Equity Consultants, Inc. 1 6.99% $34,915
    Servion, Inc. 1 6.25% $23,175
    EMM LOANS LLC 1 5.13% $30,701
    SIRVA MORTGAGE, INC. 1 7.25% $31,184
    EMBRACE HOME LOANS, INC. 1 5.13% $33,962
    AMERICAN FINANCING CORPORATION 1 6.38% $18,438
    DAS Acquisition Company, LLC 1 6.25% $20,181
    CORNERSTONE HOME LENDING, INC. 1 5.75% $14,498
    The Central Trust Bank 1 6.25% $23,959
    Waterstone Mortgage Corporation 1 6.63% $28,380
    CASTLE & COOKE MORTGAGE, LLC 1 7.75% $36,736
    CALLISTO GROUP, INC. 1 7.13% $41,241
    BMO Harris Bank 1 6.50% $22,388
    TOWNE MORTGAGE COMPANY 1 7.63% $24,207
    BEST FINANCE CAPITAL, INC. 1 5.75% $21,485
    TRISTAR FINANCE, INC. 1 5.25% $32,143
    Armed Forces Bank 1 6.75% $42,401
    NEW DAY FINANCIAL, LLC 1 7.50% $5,864
    NETWORK CAPITAL FUNDING CORPORATION 1 5.63% $27,126
    NEW WAVE LENDING GROUP INC 1 7.63% $17,751
    ARC HOME LLC 1 6.13% $26,999
    NBKC BANK 1 6.00% $15,253
    M&T Bank 1 6.63% $16,393
    MOVEMENT MORTGAGE, LLC 1 7.25% $18,796
    Mortgage Research Center, LLC 1 6.50% $38,890
    PACIFIC SERVICE 1 7.50% $9,975

    The top San Francisco FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 379 FHA loans originated. Their average total fees are $24,713, which is $3,026 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee San Francisco FHA lenders (with over 10 loans originated) are Vellum Mortgage, Inc. ($16,757), ALAMEDA MORTGAGE CORPORATION ($19,046), ALLIED MORTGAGE GROUP, INC. ($19,170), Commerce Home Mortgage, Inc. ($19,980) and EAGLE HOME MORTGAGE, LLC ($20,001).

    The lowest rate San Francisco FHA lenders (with over 10 loans originated) are NEWREZ LLC (5.77%), PENNYMAC LOAN SERVICES, LLC (6.04%), LOANDEPOT.COM, LLC (6.06%), HOMEBRIDGE FINANCIAL SERVICES, INC. (6.08%) and Mr. Cooper ( Nationstar Mortgage ) (6.08%).

    San Francisco FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    SAN FRANCISCO-OAKLAND-BERKELEY, CA ALAMEDA 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
    SAN FRANCISCO-OAKLAND-BERKELEY, CA CONTRA COSTA 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
    SAN FRANCISCO-OAKLAND-BERKELEY, CA MARIN 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
    SAN FRANCISCO-OAKLAND-BERKELEY, CA SAN FRANCISCO 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
    SAN FRANCISCO-OAKLAND-BERKELEY, CA SAN MATEO 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
    SAN FRANCISCO-OAKLAND-BERKELEY, CA ALAMEDA 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
    SAN FRANCISCO-OAKLAND-BERKELEY, CA CONTRA COSTA 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
    SAN FRANCISCO-OAKLAND-BERKELEY, CA MARIN 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
    SAN FRANCISCO-OAKLAND-BERKELEY, CA SAN FRANCISCO 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
    SAN FRANCISCO-OAKLAND-BERKELEY, CA SAN MATEO 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - San Francisco (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $843,944 (6.9%) $1,503,769 (14.4%) 3.13 2,292
    2018-02-01 $898,944 (6.3%) $1,548,177 (12.1%) 3.26 2,714
    2018-03-01 $949,499 (6.2%) $1,583,415 (10.9%) 3.33 3,120
    2018-04-01 $987,500 (9.8%) $1,611,232 (8.1%) 3.35 3,617
    2018-05-01 $996,500 (10.7%) $1,618,157 (8.4%) 3.33 4,067
    2018-06-01 $988,000 (9.5%) $1,576,500 (6.0%) 3.29 4,489
    2018-07-01 $929,000 (6.2%) $1,483,373 (3.9%) 3.10 4,799
    2018-08-01 $890,000 (4.8%) $1,385,964 (-0.6%) 2.98 4,914
    2018-09-01 $899,000 (2.8%) $1,402,963 (-4.4%) 3.02 5,954
    2018-10-01 $899,000 (0.0%) $1,411,172 (-8.1%) 3.04 6,152
    2018-11-01 $890,000 (-1.0%) $1,429,547 (-8.0%) 3.02 5,841
    2018-12-01 $849,950 (-3.3%) $1,339,856 (-16.4%) 2.93 4,173
    2019-01-01 $831,417 (-1.5%) $1,301,294 (-13.5%) 2.87 3,563
    2019-02-01 $887,000 (-1.3%) $1,416,770 (-8.5%) 3.00 4,084
    2019-03-01 $916,429 (-3.5%) $1,481,212 (-6.5%) 3.00 4,499
    2019-04-01 $947,000 (-4.1%) $1,548,778 (-3.9%) 3.01 4,891
    2019-05-01 $968,500 (-2.8%) $1,495,371 (-7.6%) 3.03 5,464
    2019-06-01 $959,975 (-2.8%) $1,484,222 (-5.9%) 3.00 5,923
    2019-07-01 $927,000 (-0.2%) $1,530,652 (3.2%) 2.90 5,827
    2019-08-01 $919,182 (3.3%) $1,549,914 (11.8%) 2.91 5,897
    2019-09-01 $935,955 (4.1%) $1,537,212 (9.6%) 3.00 6,009
    2019-10-01 $949,500 (5.6%) $1,534,928 (8.8%) 3.06 6,068
    2019-11-01 $949,000 (6.6%) $1,610,397 (12.7%) 3.11 4,956
    2019-12-01 $899,000 (5.8%) $1,687,094 (25.9%) 3.00 2,987
    2020-01-01 $893,500 (7.5%) $1,700,818 (30.7%) 2.99 2,560
    2020-02-01 $997,500 (12.5%) $1,747,524 (23.4%) 3.27 3,087
    2020-03-01 $998,944 (9.0%) $1,709,823 (15.4%) 3.13 3,525
    2020-04-01 $959,233 (1.3%) $1,535,131 (-0.9%) 3.00 3,417
    2020-05-01 $999,894 (3.2%) $1,611,448 (7.8%) 3.04 4,580
    2020-06-01 $1,078,750 (12.4%) $1,662,466 (12.0%) 3.18 4,950
    2020-07-01 $1,091,500 (17.8%) $1,680,032 (9.8%) 3.16 5,059
    2020-08-01 $1,050,000 (14.2%) $1,673,766 (8.0%) 3.01 5,202
    2020-09-01 $1,052,500 (12.5%) $1,676,954 (9.1%) 3.02 5,401
    2020-10-01 $1,070,833 (12.8%) $1,673,980 (9.1%) 3.07 5,806
    2020-11-01 $1,049,450 (10.6%) $1,663,582 (3.3%) 3.07 5,168
    2020-12-01 $998,462 (11.1%) $1,711,270 (1.4%) 2.97 3,713
    2021-01-01 $989,000 (10.7%) $1,749,265 (2.9%) 2.95 3,034
    2021-02-01 $999,500 (0.2%) $1,774,344 (1.5%) 2.91 3,230
    2021-03-01 $1,014,498 (1.6%) $1,858,547 (8.7%) 2.88 3,372
    2021-04-01 $1,049,500 (9.4%) $1,866,299 (21.6%) 2.84 3,458
    2021-05-01 $1,079,975 (8.0%) $1,871,839 (16.2%) 2.87 3,497
    2021-06-01 $1,067,000 (-1.1%) $1,795,178 (8.0%) 2.81 3,898
    2021-07-01 $999,000 (-8.5%) $1,684,450 (0.3%) 2.64 4,242
    2021-08-01 $995,000 (-5.2%) $1,641,359 (-1.9%) 2.65 4,264
    2021-09-01 $993,950 (-5.6%) $1,695,801 (1.1%) 2.65 4,600
    2021-10-01 $997,000 (-6.9%) $1,757,206 (5.0%) 2.66 4,566
    2021-11-01 $984,225 (-6.2%) $1,870,181 (12.4%) 2.63 3,545
    2021-12-01 $952,450 (-4.6%) $1,845,434 (7.8%) 2.58 2,327
    2022-01-01 $949,000 (-4.0%) $1,752,366 (0.2%) 2.57 2,030
    2022-02-01 $992,000 (-0.8%) $1,755,628 (-1.1%) 2.58 2,479
    2022-03-01 $1,047,000 (3.2%) $1,732,512 (-6.8%) 2.62 3,007
    2022-04-01 $1,098,000 (4.6%) $1,753,815 (-6.0%) 2.62 3,394
    2022-05-01 $1,124,000 (4.1%) $1,732,777 (-7.4%) 2.57 4,615
    2022-06-01 $1,146,250 (7.4%) $1,718,715 (-4.3%) 2.55 5,679
    2022-07-01 $1,098,000 (9.9%) $1,625,819 (-3.5%) 2.47 6,244
    2022-08-01 $1,043,073 (4.8%) $1,568,223 (-4.5%) 2.41 5,968
    2022-09-01 $1,089,500 (9.6%) $1,647,727 (-2.8%) 2.55 5,921
    2022-10-01 $1,090,000 (9.3%) $1,692,678 (-3.7%) 2.56 6,026
    2022-11-01 $1,037,000 (5.4%) $1,691,530 (-9.6%) 2.49 5,367
    2022-12-01 $993,210 (4.3%) $1,665,724 (-9.7%) 2.45 3,655
    2023-01-01 $978,500 (3.1%) $1,644,202 (-6.2%) 2.42 2,987
    2023-02-01 $1,002,500 (1.1%) $1,758,715 (0.2%) 2.42 3,089
    2023-03-01 $1,081,250 (3.3%) $1,802,971 (4.1%) 2.55 3,163
    2023-04-01 $1,150,000 (4.7%) $1,887,916 (7.7%) 2.67 3,341
    2023-05-01 $1,179,000 (4.9%) $1,940,457 (12.0%) 2.67 3,691
    2023-06-01 $1,150,000 (0.3%) $1,939,483 (12.8%) 2.58 3,977
    2023-07-01 $1,100,000 (0.2%) $1,837,754 (13.0%) 2.50 4,036
    2023-08-01 $1,049,444 (0.6%) $1,729,983 (10.3%) 2.41 4,093
    2023-09-01 $1,095,000 (0.5%) $1,758,073 (6.7%) 2.55 4,813
    2023-10-01 $1,098,000 (0.7%) $1,768,808 (4.5%) 2.58 5,053
    2023-11-01 $1,067,000 (2.9%) $1,755,081 (3.8%) 2.54 4,671
    2023-12-01 $998,000 (0.5%) $1,710,145 (2.7%) 2.43 3,094
    2024-01-01 $944,475 (-3.5%) $1,624,731 (-1.2%) 2.31 2,702
    2024-02-01 $989,444 (-1.3%) $1,692,960 (-3.7%) 2.38 3,028
    2024-03-01 $999,000 (-7.6%) $1,756,535 (-2.6%) 2.35 3,587
    San Francisco's median listing price for 2024-03-01 was $999,000, a difference of $-82,250 (-7.6%) versus the prior year and $9,556 versus the prior month.

    San Francisco's median listing price comes in at 235% of the national average.

    San Francisco's average listing price for 2024-03-01 was $1,756,535, a difference of $-46,436 (-2.6%) versus the prior year and $63,575 versus the prior month.

    For the 2024-03-01 period, San Francisco had 3,587 MLS listings, a difference of 559 listings (18%) versus the prior month and 424 listings (13%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - San Francisco (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 30 days 1,719 sqft
    2018-02-01 19 days 1,746 sqft
    2018-03-01 20 days 1,766 sqft
    2018-04-01 22 days 1,800 sqft
    2018-05-01 21 days 1,814 sqft
    2018-06-01 24 days 1,788 sqft
    2018-07-01 29 days 1,746 sqft
    2018-08-01 29 days 1,716 sqft
    2018-09-01 26 days 1,698 sqft
    2018-10-01 31 days 1,696 sqft
    2018-11-01 37 days 1,667 sqft
    2018-12-01 50 days 1,621 sqft
    2019-01-01 48 days 1,606 sqft
    2019-02-01 26 days 1,644 sqft
    2019-03-01 28 days 1,711 sqft
    2019-04-01 26 days 1,779 sqft
    2019-05-01 26 days 1,822 sqft
    2019-06-01 31 days 1,796 sqft
    2019-07-01 36 days 1,763 sqft
    2019-08-01 36 days 1,747 sqft
    2019-09-01 35 days 1,724 sqft
    2019-10-01 36 days 1,706 sqft
    2019-11-01 49 days 1,698 sqft
    2019-12-01 66 days 1,708 sqft
    2020-01-01 53 days 1,684 sqft
    2020-02-01 23 days 1,723 sqft
    2020-03-01 24 days 1,754 sqft
    2020-04-01 38 days 1,756 sqft
    2020-05-01 31 days 1,760 sqft
    2020-06-01 31 days 1,714 sqft
    2020-07-01 33 days 1,638 sqft
    2020-08-01 36 days 1,589 sqft
    2020-09-01 36 days 1,549 sqft
    2020-10-01 34 days 1,541 sqft
    2020-11-01 45 days 1,518 sqft
    2020-12-01 56 days 1,489 sqft
    2021-01-01 49 days 1,464 sqft
    2021-02-01 27 days 1,482 sqft
    2021-03-01 29 days 1,525 sqft
    2021-04-01 29 days 1,551 sqft
    2021-05-01 27 days 1,576 sqft
    2021-06-01 27 days 1,559 sqft
    2021-07-01 26 days 1,549 sqft
    2021-08-01 29 days 1,546 sqft
    2021-09-01 28 days 1,536 sqft
    2021-10-01 30 days 1,516 sqft
    2021-11-01 39 days 1,500 sqft
    2021-12-01 47 days 1,454 sqft
    2022-01-01 37 days 1,419 sqft
    2022-02-01 18 days 1,452 sqft
    2022-03-01 22 days 1,507 sqft
    2022-04-01 23 days 1,538 sqft
    2022-05-01 22 days 1,573 sqft
    2022-06-01 24 days 1,600 sqft
    2022-07-01 30 days 1,585 sqft
    2022-08-01 36 days 1,571 sqft
    2022-09-01 38 days 1,593 sqft
    2022-10-01 37 days 1,607 sqft
    2022-11-01 46 days 1,593 sqft
    2022-12-01 61 days 1,560 sqft
    2023-01-01 62 days 1,552 sqft
    2023-02-01 33 days 1,557 sqft
    2023-03-01 34 days 1,573 sqft
    2023-04-01 31 days 1,625 sqft
    2023-05-01 31 days 1,637 sqft
    2023-06-01 32 days 1,631 sqft
    2023-07-01 34 days 1,619 sqft
    2023-08-01 33 days 1,593 sqft
    2023-09-01 29 days 1,588 sqft
    2023-10-01 35 days 1,576 sqft
    2023-11-01 42 days 1,563 sqft
    2023-12-01 58 days 1,524 sqft
    2024-01-01 49 days 1,470 sqft
    2024-02-01 29 days 1,459 sqft
    2024-03-01 27 days 1,492 sqft
    San Francisco's median listing age (time on market) for 2024-03-01 was 27 days. This is -19% shorter than the same period one year ago.

    San Francisco's median square footage for active listings during the 2024-03-01 period was 1,492 sqft. One year prior, the average listing was 1,573 sqft.

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).