Which Bay Area cities have appreciated the most over the last few years? We cover the top 50 cities by population over 1, 3, 5, 10, 20, and 25 years. All data from Zillow for single-family homes. Two broad trends stand out across different time periods.
In the early 2000s, the peninsula and northern Bay showed the strongest appreciation — San Francisco, Oakland, Menlo Park, Palo Alto, etc. led the way. This shifted in the 2010s as tech employment moved south: San Jose, Milpitas, Sunnyvale, Cupertino, and Campbell became the top performers. Oakland and San Francisco have underperformed over the last 10 years, partly due to perception issues around crime and homelessness. Given their relative affordability now, we expect the next decade to be much stronger.
| (SIZE RANK) CITY | 1 Year | 3 Year | 5 Year | 10 Year | 20 Year | 25 Year | Price Index |
|---|---|---|---|---|---|---|---|
| (SIZE RANK) CITY | 1 Year | 3 Year | 5 Year | 10 Year | 20 Year | 25 Year | Price Index |