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Marin County

California · San Francisco-Oakland-Fremont, CA metro area · 253,694 residents (2025 est.)

FHFA annual index 1975–2025Developmental county indexPermits through August 2026
FHFA house price index for Marin County, 1975 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202001,0002,0003,00019801990200020102020United States2025: 2,087
Marin County (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its county indexes as developmental and subject to revision. The index does not give a dollar value for any home.

Marin County, California (San Francisco-Oakland-Fremont, CA area), has an FHFA house price index from 1975. Through 2025 it has risen +1986.6%, from 100 to 2087.

Over the ten years to 2025 the index rose +45.0% (+3.8% a year), well below California at +80.3% and well below the national +85.0%. The San Francisco-Oakland-Fremont, CA area rose +59.1%. The latest one-year change is −0.8%.

The strongest decade was the 1980s (+121.2%); the weakest the 2000s (+34.0%).

After a 2006 peak the index fell −24.4% to 2011 and regained the peak in 2015.

Builders were authorised for 147 housing units in the county in the 12 months to August 2026 (−12.5% on the previous 12 months), 0.6 units per 1,000 residents; 98% were single-family houses. Since 1995 the county has authorised 11,900 units, most in 2004.

−0.8%1 year, 2024–2025California +0.8%
+25.4%5 yearsUS +47.0%
+45.0%10 years+3.8% a year annualised
+145.7%since 2000US +158.3%
147units permitted, 12 months0.6 per 1,000 residents

Same span, four levels

Change in the FHFA indexMarin CountySan Francisco-Oakland-Fremont areaCaliforniaUnited States
1 year (2024–2025)−0.8%−1.3%+0.8%+2.8%
5 years (2020–2025)+25.4%+24.7%+39.8%+47.0%
10 years (2015–2025)+45.0%+59.1%+80.3%+85.0%
20 years (2005–2025)+53.4%+57.7%+56.4%+79.1%
Since 2000+145.7%+188.8%+224.1%+158.3%
Since 1975+1986.6%+2192.1%+1867.7%+960.7%
10-year annualised+3.8%+4.8%+6.1%+6.3%
20-year annualised+2.2%+2.3%+2.3%+3.0%

All columns are FHFA annual all-transactions indexes over the same years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+121.2%+68.2%
1990s (1990–2000)+57.6%+33.9%
2000s (2000–2010)+34.0%+29.7%
2010s (2010–2020)+46.2%+35.5%
2020s so far (2020–2025)+25.4%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20062011−24.4%2015
19811982−19.1%1985

Building permits

Housing units authorised by building permits in Marin County, by month over the latest five years and by year since 1995.

Housing units authorised in Marin County by month, latest 12 months01020Sep 2025: 12 units (12 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 11 units (8 single-family, 3 in multi-unit buildings)Oct 2025Nov 2025: 16 units (16 single-family, 0 in multi-unit buildings)Nov 2025Dec 2025: 12 units (12 single-family, 0 in multi-unit buildings)Dec 2025Jan 2026: 9 units (9 single-family, 0 in multi-unit buildings)Jan 2026Feb 2026: 11 units (11 single-family, 0 in multi-unit buildings)Feb 2026Mar 2026: 16 units (16 single-family, 0 in multi-unit buildings)Mar 2026Apr 2026: 14 units (14 single-family, 0 in multi-unit buildings)Apr 2026May 2026: 13 units (13 single-family, 0 in multi-unit buildings)May 2026Jun 2026: 14 units (14 single-family, 0 in multi-unit buildings)Jun 2026Jul 2026: 11 units (11 single-family, 0 in multi-unit buildings)Jul 2026Aug 2026: 8 units (8 single-family, 0 in multi-unit buildings)Aug 2026

Housing units authorised in Marin County by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in Marin County by month, latest 60 months050100150Sep 2021: 14 units (12 single-family, 2 in multi-unit buildings)Sep 2021Oct 2021: 20 units (13 single-family, 7 in multi-unit buildings)Nov 2021: 14 units (7 single-family, 7 in multi-unit buildings)Dec 2021: 18 units (11 single-family, 7 in multi-unit buildings)Jan 2022: 12 units (10 single-family, 2 in multi-unit buildings)Feb 2022: 19 units (17 single-family, 2 in multi-unit buildings)Mar 2022: 24 units (24 single-family, 0 in multi-unit buildings)Apr 2022: 24 units (19 single-family, 5 in multi-unit buildings)May 2022: 23 units (16 single-family, 7 in multi-unit buildings)Jun 2022: 26 units (14 single-family, 12 in multi-unit buildings)Jul 2022: 21 units (9 single-family, 12 in multi-unit buildings)Aug 2022: 23 units (16 single-family, 7 in multi-unit buildings)Sep 2022: 18 units (11 single-family, 7 in multi-unit buildings)Sep 2022Oct 2022: 20 units (10 single-family, 10 in multi-unit buildings)Nov 2022: 11 units (11 single-family, 0 in multi-unit buildings)Dec 2022: 22 units (8 single-family, 14 in multi-unit buildings)Jan 2023: 18 units (6 single-family, 12 in multi-unit buildings)Feb 2023: 12 units (5 single-family, 7 in multi-unit buildings)Mar 2023: 19 units (12 single-family, 7 in multi-unit buildings)Apr 2023: 21 units (21 single-family, 0 in multi-unit buildings)May 2023: 136 units (21 single-family, 115 in multi-unit buildings)Jun 2023: 20 units (18 single-family, 2 in multi-unit buildings)Jul 2023: 19 units (19 single-family, 0 in multi-unit buildings)Aug 2023: 32 units (30 single-family, 2 in multi-unit buildings)Sep 2023: 27 units (27 single-family, 0 in multi-unit buildings)Sep 2023Oct 2023: 24 units (24 single-family, 0 in multi-unit buildings)Nov 2023: 18 units (18 single-family, 0 in multi-unit buildings)Dec 2023: 15 units (13 single-family, 2 in multi-unit buildings)Jan 2024: 23 units (21 single-family, 2 in multi-unit buildings)Feb 2024: 13 units (13 single-family, 0 in multi-unit buildings)Mar 2024: 18 units (18 single-family, 0 in multi-unit buildings)Apr 2024: 16 units (16 single-family, 0 in multi-unit buildings)May 2024: 17 units (17 single-family, 0 in multi-unit buildings)Jun 2024: 13 units (13 single-family, 0 in multi-unit buildings)Jul 2024: 16 units (16 single-family, 0 in multi-unit buildings)Aug 2024: 19 units (19 single-family, 0 in multi-unit buildings)Sep 2024: 18 units (18 single-family, 0 in multi-unit buildings)Sep 2024Oct 2024: 24 units (22 single-family, 2 in multi-unit buildings)Nov 2024: 9 units (9 single-family, 0 in multi-unit buildings)Dec 2024: 13 units (8 single-family, 5 in multi-unit buildings)Jan 2025: 9 units (9 single-family, 0 in multi-unit buildings)Feb 2025: 10 units (10 single-family, 0 in multi-unit buildings)Mar 2025: 19 units (19 single-family, 0 in multi-unit buildings)Apr 2025: 14 units (14 single-family, 0 in multi-unit buildings)May 2025: 19 units (19 single-family, 0 in multi-unit buildings)Jun 2025: 9 units (9 single-family, 0 in multi-unit buildings)Jul 2025: 14 units (14 single-family, 0 in multi-unit buildings)Aug 2025: 10 units (10 single-family, 0 in multi-unit buildings)Sep 2025: 12 units (12 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 11 units (8 single-family, 3 in multi-unit buildings)Nov 2025: 16 units (16 single-family, 0 in multi-unit buildings)Dec 2025: 12 units (12 single-family, 0 in multi-unit buildings)Jan 2026: 9 units (9 single-family, 0 in multi-unit buildings)Feb 2026: 11 units (11 single-family, 0 in multi-unit buildings)Mar 2026: 16 units (16 single-family, 0 in multi-unit buildings)Apr 2026: 14 units (14 single-family, 0 in multi-unit buildings)May 2026: 13 units (13 single-family, 0 in multi-unit buildings)Jun 2026: 14 units (14 single-family, 0 in multi-unit buildings)Jul 2026: 11 units (11 single-family, 0 in multi-unit buildings)Aug 2026: 8 units (8 single-family, 0 in multi-unit buildings)

Housing units authorised in Marin County by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in Marin County by year, 1995–202505001,0001,5001995: 340 units (340 single-family, 0 in multi-unit buildings)19951996: 339 units (339 single-family, 0 in multi-unit buildings)1997: 457 units (457 single-family, 0 in multi-unit buildings)1998: 606 units (606 single-family, 0 in multi-unit buildings)1999: 818 units (772 single-family, 46 in multi-unit buildings)2000: 593 units (437 single-family, 156 in multi-unit buildings)20002001: 375 units (191 single-family, 184 in multi-unit buildings)2002: 433 units (281 single-family, 152 in multi-unit buildings)2003: 701 units (641 single-family, 60 in multi-unit buildings)2004: 1,039 units (599 single-family, 440 in multi-unit buildings)2005: 781 units (499 single-family, 282 in multi-unit buildings)20052006: 582 units (356 single-family, 226 in multi-unit buildings)2007: 430 units (268 single-family, 162 in multi-unit buildings)2008: 332 units (192 single-family, 140 in multi-unit buildings)2009: 230 units (112 single-family, 118 in multi-unit buildings)2010: 186 units (121 single-family, 65 in multi-unit buildings)20102011: 181 units (98 single-family, 83 in multi-unit buildings)2012: 236 units (118 single-family, 118 in multi-unit buildings)2013: 518 units (170 single-family, 348 in multi-unit buildings)2014: 390 units (194 single-family, 196 in multi-unit buildings)2015: 390 units (201 single-family, 189 in multi-unit buildings)20152016: 112 units (95 single-family, 17 in multi-unit buildings)2017: 94 units (94 single-family, 0 in multi-unit buildings)2018: 164 units (108 single-family, 56 in multi-unit buildings)2019: 240 units (179 single-family, 61 in multi-unit buildings)2020: 155 units (127 single-family, 28 in multi-unit buildings)20202021: 265 units (149 single-family, 116 in multi-unit buildings)2022: 302 units (285 single-family, 17 in multi-unit buildings)2023: 304 units (185 single-family, 119 in multi-unit buildings)2024: 158 units (151 single-family, 7 in multi-unit buildings)2025: 149 units (149 single-family, 0 in multi-unit buildings)2025

Housing units authorised in Marin County by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026Marin CountyCaliforniaUnited States
Housing units authorised147111,5381,418,086
Units per 1,000 residents0.62.84.1
Single-family share98%50%63%
Change on previous 12 months−12.5%+13.8%−0.1%
Units authorised since 199511,9003,486,74943,082,761

Population is the Census Bureau's vintage 2025 estimate. Permits authorise construction; they are not completions.

ZIP codes in Marin County

Ranked by ten-year change in the FHFA ZIP index. Where a ZIP's index ends before 2025, its spans end in that year.

ZIP1 year10 yearsSince 2000Index throughYears
94938+26.8%+146.6%+199.1%202231
94933+23.1%+136.1%—202235
94963+24.9%+104.8%—202126
94973+9.3%+99.9%+162.4%202237
94952+2.1%+66.0%+174.8%202551
94924−4.7%+59.4%+102.0%202130
949450.0%+55.6%+154.9%202551
94904+41.9%+54.3%+122.9%202240
94970—+52.6%—202020
94930−8.9%+52.5%+167.5%202551
94901+6.5%+49.5%+151.2%202551
94949+0.2%+48.7%+150.7%202549
94947−1.1%+46.4%+137.9%202551
94903−2.7%+46.3%+153.1%202551
94965+7.9%+42.8%+78.6%202141
94960−13.6%+38.0%+130.3%202551
94941+8.8%+28.8%+131.2%202551
94937−5.7%+25.4%—202124
94925−9.9%+23.1%+86.6%202246
94939+0.2%+17.4%+48.5%202137
94920−8.6%−3.0%+25.1%202134
94957—−19.6%—202017

Cities and permit-issuing places in Marin County

Housing units authorised in the 12 months to August 2026; places with at least 12 units in the year, or in the year before.

PlaceUnits, 12 monthsPer 1,000 residentsSingle-family
Marin County Unincorporated Area27—100%
Larkspur221.7100%
San Rafael220.4100%
Tiburon town151.7100%
Fairfax town141.979%
San Anselmo town141.1100%
Mill Valley120.9100%
Novato40.1100%

Questions and answers

How much have home values in Marin County risen over 10 years?

The FHFA index for Marin County rose +45.0% from 2015 to 2025, about +3.8% a year. Over 20 years: +53.4%; since 2000: +145.7%.

How does Marin County compare with California and the United States?

Over the ten years to 2025: Marin County +45.0%, California +80.3%, United States +85.0%, San Francisco-Oakland-Fremont, CA +59.1%.

What happened to Marin County prices in 2008?

The index peaked in 2006 and fell −24.4% to 2011; it passed the peak again in 2015. The state index fell −41.1% over 2006–2012.

How many homes are being built in Marin County?

147 housing units were authorised by building permits in the 12 months to August 2026 (144 single-family, 0 in buildings of five or more units), or 0.6 per 1,000 residents against 2.8 for California.

Where does this data come from?

The index is FHFA's annual county house price index (all-transactions, developmental), last updated March 31, 2026, with values through 2025. Permits are from the Census Bureau Building Permits Survey through August 2026; population is the Census Bureau's vintage 2025 estimate.

Provenance

Index: Federal Housing Finance Agency, annual house price index for counties (all-transactions, developmental), last updated March 31, 2026, values 1975–2025; metro, state and national comparisons from FHFA's annual indexes in the same release. Permits: Census Bureau Building Permits Survey, county and place files, through August 2026. Population: Census Bureau vintage 2025 estimates. ZIP assignment: 2020 ZCTA-to-county relationship file. Public domain throughout. Corrections · FHFA HPI datasets · Building Permits Survey.