Polk/Russian Hill, San Francisco, CA—94109
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Polk/Russian Hill, San Francisco, CA
As of Oct '25, the median home price in Polk/Russian Hill, San Francisco, CA is $968,000, with a year-over-year change of -1.8%. This indicates that home prices in Polk/Russian Hill, San Francisco, CA are decreasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $968,000 | -1.8% |
| Single Family | $1,505,000 | -1.4% |
| Condos | $925,000 | -1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $670,000 | -3.5% |
2 Bed | $1,132,000 | -1.7% |
3 Bed | $1,727,000 | 1.5% |
4 Bed | $3,310,000 | 5.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Polk/Russian Hill, San Francisco, CA
As of July '25, Rentcast reports the average rent in Polk/Russian Hill, San Francisco, CA is $2,940, with a year-over-year rent change of -10.1%. Per bedroom, the median rent as of July '25 in Polk/Russian Hill, San Francisco, CA is studios: $1,940, 1-bedrooms: $2,920, 2-bedrooms: $4,720, 3-bedrooms: $6,730, 4-bedrooms: $9,160. The most common rental property sizes in Polk/Russian Hill, San Francisco, CA are 1-bedroom and studio, accounting for 44.1% and 30.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,940 |
| Studio Rent | $1,900 | $1,940 |
| 1 Bed Rent | $2,800 | $2,920 |
| 2 Bed Rent | $4,340 | $4,720 |
| 3 Bed Rent | $6,040 | $6,730 |
| 4 Bed Rent | $9,500 | $9,160 |
% of Rental Stock
Property Listings — Polk/Russian Hill, San Francisco, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Polk/Russian Hill, San Francisco, CA is 76. This is a increase of 63.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $998,000 | 2.0% |
Listing Count | 149 | -4.0% |
| Listings as % of Homes | 0.2% | -4.0% |
Days on Market | 76 | 63.0% |
Demographics — Polk/Russian Hill, San Francisco, CA
As of the latest ACS Survey released in 2023, Polk/Russian Hill, San Francisco, CA has a population of 54,400, which has decreased by -4.0% over the past 5 years. Polk/Russian Hill, San Francisco, CA is a less popular place for families, as children make up 7.0% of the population. The area has a highly educated workforce, with 65.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 54,400 | -4.0% |
% Under 18 | 7.0% | 40.0% |
% Seniors | 19.2% | 19.3% |
% WFH | 28.1% | 325.8% |
% w/ College Degree | 65.2% | -1.1% |
As of the latest ACS Survey released in 2023, Polk/Russian Hill, San Francisco, CA is a predominantly white area, with 49.8% of the population identifying as white. The white population has shrunk by 7.9% in the last 5 years. The second most common race or ethnicity in Polk/Russian Hill, San Francisco, CA is asian, making up 26.6% of the population. Foreign-born residents account for 30.5% of the population in Polk/Russian Hill, San Francisco, CA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 49.8% | -7.9% |
% Black | 4.4% | -2.2% |
% Hispanic | 13.3% | 24.3% |
% Asian | 26.6% | -0.7% |
% Foreign Born | 30.5% | 0.0% |
Mortgage and Risk — Polk/Russian Hill, San Francisco, CA
According to HUD data as of 2023, there were 233 mortgage originations in Polk/Russian Hill, San Francisco, CA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 7.0% above 90% LTV (normal). This implies small mortgage risk in Polk/Russian Hill, San Francisco, CA. Investor activity is low, as 3.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 233 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 3.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Polk/Russian Hill, San Francisco, CA
As of 2024, the percent of homes in Polk/Russian Hill, San Francisco, CA under the Section 8 program is 6.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Polk/Russian Hill, San Francisco, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 1,891 |
Total Units Section 8 | 1,786 |
% Rentals under Section 8 | 6.5% |
% Occupied Section 8 | 91.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$260 | $2,800 | $2,540 |
| 2 Bedroom | -$1,310 | $4,340 | $3,030 |
| 3 Bedroom | -$2,330 | $6,040 | $3,710 |
| 4 Bedroom | -$5,470 | $9,500 | $4,030 |
Affordability — Polk/Russian Hill, San Francisco, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.5 |
| Median Home Price | $968,000 |
| Median Household Income | $112,000 |