The AI boom is causing a secret housing spike in this city

Añadido: 2026-05-25

[00:00:00]The AI boom just completely flipped the housing market in one area of the US. In this city, home prices are now exploding and there's bidding wars unlike anything we've seen since the pandemic. And things are about to get even crazier in San Francisco, where tech bro millionaires are buying up homes left and right, pushing the median sale price above 2 million. And the supply is now dropping and dropping fast. And rents are now surging as well. In downtown San Francisco, companies like OpenAI, Anthropic, and XAI have their headquarters. These companies are raising billions of dollars and hiring people left and right, which is a major flip from what was happening just a couple years ago. Back in 2022 and 2023, San Francisco's market was mired in a crash. Values went down as much as 20%.

[00:00:42]Condo owners were losing $300 to $400,000 on certain listing. So much so that San Francisco actually became undervalued according to Revententur's overvaluation metric with the bottom hitting sometime in late 2025. To track home prices in your zip code in California, download the mobile app and upgrade to see our 2027 price