What’s Worth More Than Cash in San Francisco Real Estate? Anthropic Stock
In San Francisco, some homeowners are offering their properties in exchange for shares of AI startups like Anthropic and OpenAI. This trend arises from the high valuations of these companies, with some employees looking to leverage their stock wealth to purchase homes. As the market for these shares heats up, unconventional transactions are becoming more common, although they may face regulatory challenges.
- ▪Several real estate listings in the Bay Area are now accepting Anthropic or OpenAI stock as payment for homes.
- ▪The median house price in San Francisco has surpassed $2 million, with many homes selling for over asking price.
- ▪Homeowners are offering discounts to Anthropic employees, anticipating the company's stock value will rise significantly.
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Arielle PardesBusinessJun 3, 2026 6:00 AMWhat’s Worth More Than Cash in San Francisco Real Estate? Anthropic StockSeveral real estate listings in the San Francisco Bay Area are offering to exchange a home for a piece of the AI startup.Photo-Illustration: Darrell Jackson; Getty ImagesCommentLoaderSave StorySave this storyCommentLoaderSave StorySave this storyFew things are more valuable in the Bay Area than real estate. In San Francisco, the median house price is now over $2 million. Last month, at least seven houses in the city sold for $1 million over the asking price, and buyers regularly offer to pay in cash or waive contingencies to stay competitive.
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