The 23 neighborhoods in San Francisco where you'd pay $1 million or more for a home

Shutterstock

San Francisco's housing market is, in a word, insane. 

Thanks to a perfect storm of interrelated factors — from a tangled web of city policies that prevent development to an influx of young tech workers who want to live in trendy areas — San Francisco doesn't have enough housing for everybody.

In fact, despite a dip in prices, the average price of a home in San Francisco in April 2016 was still $1.2 million dollars, says homebuying brokerage Redfin.

But there's a wide variety of neighborhoods in San Francisco, and some are pricier than others. And so, there are neighborhoods where even $1.2 million won't get you much. 

Here are the 23 San Francisco neighborhoods, out of 50 total, where the median home price is $1 million or more, with data taken from Redfin's April 2016 report. Just keep in mind that those averages take homes and condos alike into account, so prices may seem a little lower in areas with lots of little apartments. 

Spoiler alert: The most expensive neighborhood in San Francisco had a median home price of $2,137,500.

San Francisco ain't huge — the whole city fits into 49 square miles. But if you squint at this map, you can see that there are lots of little neighborhoods within neighborhoods, all over the city.

Wikimedia Commons

San Francisco's Outer Richmond district covers most of the northwest corner of the city, out to the Pacific Ocean. Homes here averaged a cool $1 million.

Wikimedia Commons

On the other side of Golden Gate park from the Outer Richmond district is the Outer Sunset, which is similarly quiet, with great access to the rest of the city via streetcar. Homes here had a median price of $1,035,000.

Wikimedia Commons

See the rest of the story at Business Insider