Why Live in Silver Terrace
Silver Terrace in San Francisco is a small, sunny neighborhood on the city's southeast hills, offering residents picturesque views of the bay. This peaceful enclave features quiet residential blocks lined with shady trees and towering palms. The neighborhood is near the arts, parks, and restaurants of Bayview and Portola, making it attractive for first-time homebuyers due to its relatively lower housing costs. Commuters to downtown and the South Bay benefit from several commuting corridors and highways that provide quick access. Housing options range from vintage homes dating back to the 1900s to new constructions, including condos, rowhouses, and detached single-family residences in various bright and muted colors. Most homes feature flat roofs or tiled clay shingles and narrow backyards.
While Silver Terrace itself lacks shops and restaurants, residents can walk to the nearby Third Street commercial district for groceries, dining, and daily necessities. Notable spots include Super Save Supermarket, Walgreens, Social Gumbo, JJ Fish and Chicken, Las Palmas Super Burrito and Seafood, and Butchertown Coffee. The neighborhood fosters a close-knit community with frequent social gatherings, block parties, and service projects. The Florence Fang Community Garden is a popular spot for locals to gather and garden together.
For recreation, the Silver Terrace Athletic Fields and Playground offer a lighted artificial turf field, tennis and basketball courts, and a children's play area. The neighborhood is well-served by public transportation, with three MUNI light rail stations and multiple bus stops along Third Street, as well as access to the 101 and I-280 highways.
Frequently Asked Questions
Is Silver Terrace a good place to live?
Silver Terrace is a good place to live, receiving 3.5 stars from its residents. Silver Terrace is considered fairly walkable and bikeable with great transit options. Silver Terrace is an urban core neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Silver Terrace has 6 parks for recreational activities. It is very dense in population with 29.7 people per acre and a median age of 45. The average household income is $122,638 which is above the national average. College graduates make up 30% of residents. A majority of residents in Silver Terrace are home owners, with 33% of residents renting and 67% of residents owning their home. A
local real estate agent serving Silver Terrace can help you decide if this neighborhood is the right one for you. Learn more on our
Silver Terrace neighborhood guide.
Is Silver Terrace, CA a safe neighborhood?
Silver Terrace, CA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Silver Terrace?
The median home price in Silver Terrace is $499,450. If you put a 20% down payment of $99,900 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,590 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $111K a year to afford the median home price in Silver Terrace. The average household income in Silver Terrace is $123K.
What are the best public schools in Silver Terrace?
The best public schools that serve Silver Terrace are:
What are the best private schools in Silver Terrace?
The best private schools that serve Silver Terrace are:
- Donum Dei Classical Academy has an A+ Niche grade, a student teacher ratio of 5:1 and an average review score of 4.9.
- Red Bridge has an A+ Niche grade, a student teacher ratio of 5:1 and an average review score of 4.7.
- Golden Bridges School has an A+ Niche grade and a student teacher ratio of 5:1.
What are the most popular zip codes in Silver Terrace, San Francisco, CA?
What are the most popular neighborhoods near Silver Terrace, San Francisco, CA?
Are home prices dropping in Silver Terrace?
Yes, home prices in Silver Terrace are down 35% in the last 12 months.
Home Trends in Silver Terrace, CA
On average, homes in Silver Terrace, San Francisco sell after 42 days on the market compared to the national average of 70 days. The median sale price for homes in Silver Terrace, San Francisco over the last 12 months is $414,950, down 13% from the median home sale price over the previous 12 months.
Median Sale Price
$414,950
Median Single Family Sale Price
$479,900
Median 2 Bedroom Sale Price
$339,500
Average Price Per Sq Ft
$404
Number of Homes for Sale
6
Last 12 months Home Sales
16
Median List Price
$499,450
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-13%