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AI Demand Pushes SF Median to $998K, Listings Down 32%

5/13/2026

30 6 Full Breakdown

Summary

Story summary

AI demand lifted San Francisco median listings 16.2% year-to-date through April 2026.
Realtor.com economist Jiayi Xu reported the median price reached $998,400, compared with a $425,000 national median.
Active listings fell 32% year-over-year in April as OpenAI and Anthropic expanded locally.
Barr Haney warned that teachers and nurses cannot afford homes amid the AI-driven price spikes.

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Story summary

AI demand lifted San Francisco median listings 16.2% year-to-date through April 2026.
Realtor.com economist Jiayi Xu reported the median price reached $998,400, compared with a $425,000 national median.
Active listings fell 32% year-over-year in April as OpenAI and Anthropic expanded locally.
Barr Haney warned that teachers and nurses cannot afford homes amid the AI-driven price spikes.