The 23 neighborhoods in San Francisco where you'd pay $1 million or more for a home

Advertisement

lombard street san francisco

Shutterstock

San Francisco's housing market is, in a word, insane.

Advertisement

Thanks to a perfect storm of interrelated factors - from a tangled web of city policies that prevent development to an influx of young tech workers who want to live in trendy areas - San Francisco doesn't have enough housing for everybody.

In fact, despite a dip in prices, the average price of a home in San Francisco in April 2016 was still $1.2 million dollars, says homebuying brokerage Redfin.

Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

But there's a wide variety of neighborhoods in San Francisco, and some are pricier than others. And so, there are neighborhoods where even $1.2 million won't get you much.

Here are the 23 San Francisco neighborhoods, out of 50 total, where the median home price is $1 million or more, with data taken from Redfin's April 2016 report. Just keep in mind that those averages take homes and condos alike into account, so prices may seem a little lower in areas with lots of little apartments.

Advertisement

Spoiler alert: The most expensive neighborhood in San Francisco had a median home price of $2,137,500.