What are you looking for?
Less than 1 percent of homes for sale (just 241 out of over 54,000) in San Francisco in 2018 were affordable to African American families. The affordability crisis is the subject of The Last Black Man in San Francisco, a film that came out this year about how extreme gentrification is impacting black families with deep and rich personal histories in the city.
But it’s not just San Francisco. The share of homes affordable to African American families has declined in every major metro area since 2012, in some places by 30 percentage points or more. As of 2018, there was not a single metro area where the median African American family could afford to buy at least half of the homes for sale. Six years earlier, in 2012, there were 13 metro areas where that was true. Overall just 25 percent of homes for sale in 2018 were affordable to the median African American household, down from 39 percent in 2012.
The least affordable metro areas for African American families were unsurprisingly all in California. San Jose (0.3% of homes affordable), San Francisco (0.4%), San Diego (1.2%), and Los Angeles (1.3%) made up the bottom of the list.