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Home appreciation in San Rafael, CA

Over the five years ending 2025, home prices in San Rafael, CA grew an average of 4.5% a year.

Price growth at a glance

1-year

+0.8%

2025 over 2024. California: +1.9%.

5-year, per year

+4.5%

Average annual growth, 2020 to 2025. California: +7.2%.

10-year, per year

+3.6%

+43.1% in total since 2015. California: +6.3%.

How does your home compare?

San Rafael, CA home prices rose 43.1% over the ten years to 2025, while its ZIP codes ranged from +28.8% to +55.6%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How San Rafael, CA compares with California

California averaged +7.2% a year, putting San Rafael, CA behind the state overall. For five-year price growth, San Rafael, CA ranks 403rd out of 409 metros nationwide and 27th out of 28 in California.

Index, 2005 = 100

San Rafael, CA (metropolitan division) and California, quarterly house price index rebased to 100 in 2005.
YearSan Rafael, CA (metropolitan division)California
2005 Q1100100
2005 Q2106106
2005 Q3107111
2005 Q4113116
2006 Q1112119
2006 Q2114120
2006 Q3111120
2006 Q4110119
2007 Q1110118
2007 Q2111116
2007 Q3109111
2007 Q4108107
2008 Q1107101
2008 Q210393
2008 Q310085
2008 Q49883
2009 Q19782
2009 Q29378
2009 Q39176
2009 Q49077
2010 Q18976
2010 Q28976
2010 Q39076
2010 Q48875
2011 Q18673
2011 Q28471
2011 Q38572
2011 Q48572
2012 Q18571
2012 Q28671
2012 Q38773
2012 Q48974
2013 Q19076
2013 Q29479
2013 Q39883
2013 Q410086
2014 Q110388
2014 Q210590
2014 Q310792
2014 Q410993
2015 Q111194
2015 Q211596
2015 Q311798
2015 Q4118100
2016 Q1120101
2016 Q2122103
2016 Q3125105
2016 Q4126106
2017 Q1125107
2017 Q2125110
2017 Q3128112
2017 Q4128113
2018 Q1131115
2018 Q2135118
2018 Q3133119
2018 Q4134119
2019 Q1134120
2019 Q2133121
2019 Q3134122
2019 Q4133123
2020 Q1132124
2020 Q2132126
2020 Q3132127
2020 Q4133130
2021 Q1136133
2021 Q2143141
2021 Q3142149
2021 Q4148155
2022 Q1152161
2022 Q2162171
2022 Q3168170
2022 Q4163165
2023 Q1159164
2023 Q2165168
2023 Q3163170
2023 Q4158170
2024 Q1159173
2024 Q2163176
2024 Q3166177
2024 Q4166178
2025 Q1164178
2025 Q2166179
2025 Q3163179
2025 Q4166180
2026 Q1164181
2026 Q2172181

Chart through 2026 Q2. Annual growth figures through 2025.

Five-year and ten-year growth rates were similar, at +3.6% a year over ten years and +43.1% in total, suggesting a similar pattern over both periods.

Over this history, home prices peaked in 2006, fell 23.7% to its 2011 low, and regained the 2006 level in 2015.

The strongest year was 2022 at +13.4%, and the weakest was 2009 at -9.2%.

In 2025 alone the index moved +0.8%, against +1.9% for the state.

ZIP codes in San Rafael, CA

Over the ten years to 2025, the 8 ZIP codes FHFA measures in this metro ranged from +28.8% in 94941 to +55.6% in 94945, while the metro as a whole rose 43.1%.

ZIP codes in San Rafael, CA (metropolitan division) ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
949450.0%+5.2%+4.5%+55.6%
94930-8.9%+4.9%+4.3%+52.5%
94901+6.5%+5.3%+4.1%+49.5%
94949+0.2%+4.9%+4.0%+48.7%
94947-1.1%+4.1%+3.9%+46.4%
94903-2.7%+3.9%+3.9%+46.3%
94960-13.6%+4.1%+3.3%+38.0%
94941+8.8%+4.8%+2.6%+28.8%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for San Rafael, CA (metropolitan division) and California, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006104.7+4.7%110.2
2007102.8-1.8%104.3
200895.8-6.8%83.4
200987.0-9.2%72.2
201083.5-4.1%70.0
201179.9-4.3%66.4
201281.5+2.0%66.5
201389.9+10.2%74.7
201499.3+10.5%83.6
2015108.0+8.7%89.5
2016115.5+7.0%95.9
2017118.9+2.9%102.1
2018125.1+5.1%108.8
2019125.1+0.1%112.3
2020124.3-0.7%117.1
2021133.3+7.3%133.5
2022151.1+13.4%153.8
2023151.3+0.1%155.3
2024153.3+1.3%162.4
2025154.5+0.8%165.5

The 28 measured metros in California

Measured metros in California ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1El Centro, CA+7.7%+9.9%+7.8%
2Santa Maria-Santa Barbara, CA+2.9%+9.2%+6.5%
3San Diego-Chula Vista-Carlsbad, CA+1.9%+9.1%+7.3%
4Anaheim-Santa Ana-Irvine, CA (metropolitan division)+4.5%+9.0%+6.6%
5Riverside-San Bernardino-Ontario, CA+2.1%+9.0%+7.5%
6Visalia, CA+4.3%+9.0%+7.3%
7Bakersfield-Delano, CA+3.5%+8.8%+6.6%
8Hanford-Corcoran, CA+5.2%+8.6%+7.2%
9Fresno, CA+3.1%+8.4%+7.2%
10San Luis Obispo-Paso Robles, CA+3.1%+8.0%+6.3%
11Merced, CA+1.5%+7.9%+7.5%
12Los Angeles-Long Beach-Glendale, CA (metropolitan division)+2.8%+7.5%+6.6%
13Oxnard-Thousand Oaks-Ventura, CA+3.0%+7.5%+5.9%
14Modesto, CA+1.5%+7.1%+7.1%
15Stockton-Lodi, CA+0.6%+6.9%+6.9%
16Salinas, CA-0.2%+6.6%+6.4%
17Yuba City, CA+0.9%+6.5%+7.2%
18Sacramento-Roseville-Folsom, CA+1.3%+6.4%+6.4%
19San Jose-Sunnyvale-Santa Clara, CA+0.7%+6.1%+5.1%
20Redding, CA+0.8%+5.7%+5.4%
21Santa Cruz-Watsonville, CA+0.5%+5.4%+4.9%
22Vallejo, CA0.0%+5.3%+5.9%
23Napa, CA+1.0%+5.2%+5.2%
24Oakland-Fremont-Berkeley, CA (metropolitan division)-0.1%+4.7%+5.2%
25Chico, CA+2.1%+4.6%+6.0%
26Santa Rosa-Petaluma, CA+0.8%+4.6%+4.9%
27San Rafael, CA (metropolitan division)+0.8%+4.5%+3.6%
28San Francisco-San Mateo-Redwood City, CA (metropolitan division)+0.8%+3.5%+3.7%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. This is a metropolitan division, a subdivision of a larger metropolitan statistical area, for which FHFA publishes its own index. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the California row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2