Why Live in Balboa Terrace
Balboa Terrace in San Francisco offers a suburban feel within a bustling city, characterized by winding streets, green lawns, and homes in Spanish Colonial Revival and Italian Renaissance Revival styles. This planned development from the 1920s features single-family houses averaging 2,400 square feet on lots around one-tenth of an acre. The neighborhood is safer than the national average and provides access to highly rated schools, including Commodore Sloat Elementary, Aptos Middle, and Lowell High. Balboa Terrace is perched along Mount Davidson, the highest point in San Francisco, and is close to commercial areas like West Portal Avenue, which features restaurants such as Trattoria da Vittorio and Sushi Suki, as well as wine bars like Que Syrah. Residents can enjoy nearby parks like Aptos Park and Lake Merced Park, which offers boating, fishing, and a 5-mile trail. The area is well-connected by the San Francisco Municipal Transportation Agency’s Muni bus and light rail networks, with quick access to Downtown San Francisco and major routes like Interstate 280. Community events, such as the Halloween Parade and Pizza Party, foster a strong neighborhood spirit, organized by the Balboa Terrace Homes Association.
Home Trends in Balboa Terrace, CA
On average, homes in Balboa Terrace, San Francisco sell after 11 days on the market compared to the national average of 51 days. The median sale price for homes in Balboa Terrace, San Francisco over the last 12 months is $2,525,000, up 20% from the median home sale price over the previous 12 months.
Median Sale Price
$2,525,000
Median Single Family Sale Price
$2,700,000
Average Price Per Sq Ft
$1,125
Number of Homes for Sale
1
Last 12 months Home Sales
12
Median List Price
$2,700,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
20%