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South of Market

South of Market

$799,114 Average Value
$572 Average Price per Sq Ft
2 Homes For Sale

Trendy and eclectic urban district near big San Francisco tech hubs

Formerly a commercial warehouse district, South of Market, or SoMa, is now a colorful San Francisco hub with a mix of high-rise buildings, industrial-chic lofts and historic buildings alongside a trendy cultural and lifestyle scene. “It’s just an area to really be in. It’s right next to Downtown, the freeway and two minutes from Oracle Park,” says Jonathan Ng, a local Real Broker Associate who was born and raised in San Francisco. “There’s a lot of things to do here with more restaurants popping up all the time, and it’s also always been known for its night scene, so there are tons of clubs and bars too within walking distance.” This downtown district’s transformation began about 30 years ago as technology companies opened offices ahead of the late 90s dot-com boom. Many major software and technology companies are still in SoMa, including Twitter, Airbnb and Uber. More big tech hubs, though, have moved into the neighboring South Beach business district, turning South of Market from a tech destination into a hipper neighborhood that attracts an eclectic crowd. “South of Market now has more of a diverse mix of people who live here with less tech people than there used to be," says Daniel Nguyen, a longtime Bay Area resident and property manager at the popular SOMA Residences apartment complex.
“Be Free” Festival + Crawl
“Be Free” Festival + Crawl
SOMA is a bustling hub of innovation, blending tech, culture, and residential living.
SOMA is a bustling hub of innovation, blending tech, culture, and residential living.
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Specialty authentic dining and multicultural cuisine

South of Market's trendy dining lineup consists of popular spots like Montesacro, which is known for its specialty “pinsa” pizzas based on Roman-style cooking methods. Burma Love is one of the most talked about restaurants in the neighborhood, offering Burmese food with favorites like Tea Leaf Salad and Spicy noodles in a very warm, wooded space. Elevated burgers are the star of Marlowe, a bistro-style neighborhood joint offering other highlight items like Brussels sprout chips and smoked bone marrow. The nightlife scene is well showcased at Dirty Habit on 4th Street, known for its well-crafted cocktails within an enclosed patio. Other popular drinking spots include Press Club 20, with its cool downstairs lounge and impressive collection of international wines. Residents can enjoy multiple shopping centers, including Meteron on 4th Street, with a mix of shops and casual dining, plus a movie theater and a big box Target. There’s also Westfield San Francisco Centre on 5th Street, featuring over 100 stores, including Nordstrom and Bloomingdale’s, plus restaurants in its nine-story building that’s topped by a landmark glass dome. For grocery shopping, the neighborhood has a Whole Foods Market on 4th Street and an IKEA nearby on Market Street.
SOMA's vibrant restaurant scene offers diverse culinary delights, like the popular Burma Love.
SOMA's vibrant restaurant scene offers diverse culinary delights, like the popular Burma Love.
The San Francisco Centre Food Court is a popular stop for lunch in South of Market.
The San Francisco Centre Food Court is a popular stop for lunch in South of Market.
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Edwardian-style condo buildings and converted warehouses

South of Market consists of predominantly condos, with a mix of luxury to boutique and historic Edwardian-style condo properties. Condos start around $350,000 for a one-bedroom condo at 630 square feet and can go up to $1.5 million for a two-level, 1,995-square-foot penthouse loft-style condo with luxury amenities. Converted warehouse buildings are one of the most popular options in South of Market, where residents can enjoy spacious loft-style condos that often feature massive windows with lots of natural light. Many condominium buildings provide additional residential amenities, including a workout center and sometimes a pool or spa.
SOMA's residential buildings provide a mix of urban living spaces close to downtown.
SOMA's residential buildings provide a mix of urban living spaces close to downtown.
A complex that has retail shops on the bottom floor and apartments or offices on top in SoMa.
A complex that has retail shops on the bottom floor and apartments or offices on top in SoMa.
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Numerous outdoor recreation offerings at Yerba Buena Gardens

The Yerba Buena Gardens is the central recreational spot in South of Market. This popular gathering space spans two blocks and is connected by a pedestrian bridge. The Gardens include the Yerba Buena Center for the Arts, the interactive Children’s Creativity Museum, an ice-skating rink, a bowling alley, a restored 1904 carousel and walking trails. San Francisco’s opulent City Hall, with a dome taller than the U.S. Capitol building, is one of the area’s primary landmarks. Surrounding it are other historic Beaux-Art and neo-Classical government buildings. Cultural institutions are also part of the district, including the San Francisco War Memorial and Performing Arts Center, where world leaders in 1945 drafted and signed the founding charter for the United Nations. Other more classic neighborhood types of parks include Victoria Manalo Draves Park. This 2-acre open green space has a playground, basketball and a community garden, where locals can sign up for individual plots to grow plants and produce for personal use.
MLK Memorial Silver Walls create man-made waterfalls within the city.
MLK Memorial Silver Walls create man-made waterfalls within the city.
Residents of South of Market can unwind at Victoria Manalo Draves Park.
Residents of South of Market can unwind at Victoria Manalo Draves Park.
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Local performance art shows and Pride events

The Yerba Buena Center for the Performing Arts features an evolving set of exhibits throughout the year and an extensive lineup of shows for locals to enjoy, from ballet to film and musical theatre. One of the biggest city events of the year in June is the San Francisco Pride Parade, with a prominent stop through the SoMa District. During Pride Month, the neighborhood’s local establishments are known to host many pop-up events supporting the LGBTQA+ community.
“Be Free” Festival + Crawl
“Be Free” Festival + Crawl
Ordering food from La Laguna at Off the Grid at the BEI Hotel.
Ordering food from La Laguna at Off the Grid at the BEI Hotel.
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Public schools with project-based learning curriculums

Students can attend Bessie Carmichael School, which gets a B-minus rating from Niche, followed by the C-plus-rated James Lick Middle School. Downtown High School gets a C-plus rating and offers various project-based learning curriculums, including Making, Advertising, and Designing as Empowerment and Wilderness Arts and Literacy Collaborative.
Entrance to the Bessie Carmichael School, a PreK-8 Filipino Education Center.
Entrance to the Bessie Carmichael School, a PreK-8 Filipino Education Center.
Downtown High School serves students in the Potrero neighborhood.
Downtown High School serves students in the Potrero neighborhood.
Daniel Webster Elementary signage at front entrance.
Daniel Webster Elementary signage at front entrance.
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Access to public transportation and the San Francisco-Oakland Bay Bridge

Interstate 80 goes through the South of Market, providing easy access to the San Francisco-Oakland Bay Bridge for traveling to the East Bay. For public transportation, South of Market is within walking distance of the Powell Street BART Station and has multiple MUNI bus stops. The neighborhood is less than a few miles north of the San Francisco Ferry Station, while the San Francisco International Airport is about 12 miles south.
The Powell BART station connects South of Market to the rest of the Bay Area.
The Powell BART station connects South of Market to the rest of the Bay Area.
Commuters wait to board the Caltrain at the SF Caltrain station in South of Market.
Commuters wait to board the Caltrain at the SF Caltrain station in South of Market.
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Britni Petersen
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Britni Petersen
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Jahlil Harris

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Sheldon Rilliet, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

San Francisco International

21 min drive

Subway

Civic Center Station

Subway

Market And Haight/Gough

Subway

Market And 7Th/Jones

Train

San Francisco 4Th & King

Subway

4Th And King (N Line)

Subway

Market And Hyde Outbound

Subway

Market And Haight Inbound

Bus

7th St & Brannan St

Bus

Bryant St & 6th St

Bus

10th St & Bryant St

Bus

Folsom St & 8th St

Bus

8th St & Howard

Bus

Mission St & 5th St

Bus

Townsend St & 5th St

Crime and Safety

1 - Low Crime, 10 - High Crime South of Market US
Homicide 3 4
Sexual Assault 6 4
Assault with Weapon 5 4
Robbery 9 4
Burglary 6 4
Motor Vehicle Theft 5 4
Larceny 6 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

South of Market Demographics and Home Trends

Housing Trends

Median List Price
$4,125,000
Median Sale Price
$4,000,000
Median Single Family Sale Price
$463,000
Median Townhouse Sale Price
$360,000
Median 2 Bedroom Sale Price
$425,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
75
Median Home Sale Price YoY Change
1,456%
Average Price Per Sq Ft
$572

Neighborhood Facts

Number of Homes in Neighborhood
2,769
Number of Homes for Sale
2
Median Year Built
1999
Months of Supply
0.30
Average Single Family Home Size Sq Ft
2,935
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
1,607
Average 2 Bedroom Size Sq Ft
1,177
Average 1 Bedroom Size Sq Ft
835
Average Studio Size Sq Ft
427
Median Lot Size Sq Ft
2,178

Open Houses

  • Saturday, Aug 2
    1 - 4pm

    988 Harrison St Unit YH2, San Francisco, CA 94107

    $675,000

    • 2 Beds
    • 2 Baths
    • 988 Harrison St
    • Unit YH2
    • New 6 days ago

    Brand-New 2BD 2BA, Large Patio, Courtyard facing Residence blend Design, comfort, and convenience. JS Sullivan introduces its latest residential development in San Francisco's vibrant SoMa neighborhood thoughtfully designed for modern urban living. #YH2 has its own private 158SF courtyard. Each home is crafted with quality and functionality in mind. Floor-to-ceiling windows invite abundant

    Antoine Crumeyrolle Compass

    Section Image
  • Saturday, Aug 2
    1 - 4pm

    988 Harrison St Unit WA5, San Francisco, CA 94107

    $589,000

    • 1 Bed
    • 1 Bath
    • 988 Harrison St
    • Unit WA5
    • New 21 days ago

    Brand-New SoMa Residences blend Design, comfort, and convenience. JS Sullivan introduces its latest residential development in San Francisco's vibrant SoMa neighborhood thoughtfully designed for modern urban living. Each home is crafted with quality and functionality in mind. Floor-to-ceiling windows invite abundant natural light, while open-concept layouts feature contemporary finishes such as

    Antoine Crumeyrolle Compass

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  • Sunday, Aug 3
    3 - 5pm

    1400 Mission St Unit 1400, San Francisco, CA 94103

    $498,000

    • 2 Beds
    • 1.5 Baths
    • 780 Sq Ft
    • 1400 Mission St
    • Unit 1400

    REDUCED PRICE for quick sale! Discover a rare blend of immediate income and long-term upside with this bright and spacious 2-bedroom, 2-bathroom condo in a sleek 2015 high-rise. Featuring floor-to-ceiling windows, an open-concept layout, stainless steel appliances, and in-unit laundry, this home offers modern comfort with minimal maintenance. Currently leased at $3,728/month to a reliable

    KC Cormack BarbCo

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Interested in learning more about homes in this area? Reach out to Sheldon Rilliet, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
27,748
Median Age
40
Population Density
48 ppl/acre
Population under 18
13%
Below the national average
23.8%
Population over 65
12.1%
Below the national average
19.1%

Finances

Median Household Income
$104,990
Significantly above the national average
$71,702
Average Household Income
$138,942

Education and Workforce

High School Graduates
93.9%
College Graduates
56.3%
Above the national average
34.1%
Advanced Degrees
22%
% Population in Labor Force
77.1%
Above the national average
65.1%

Weather

Annual Precipitation
22''
Average Winter Low Temperature
46°F
Average Summer High Temperature
68°F
Annual Snowfall
0''

Area Factors

Biker's Paradise

Bike Score®

99 / 100

Walker's Paradise

Walk Score®

98 / 100

Rider's Paradise

Transit Score®

100 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
South of Market