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Telegraph Hill, San Francisco Real Estate Market Update: October 2026

Chris ChourOctober 16, 202617 min read
Telegraph Hill, San Francisco Real Estate Market Update: October 2026

Telegraph Hill is a small, mixed market where property type sets the price. Over the six months ending October 2026, condos closed at a $1,327,500 median, single-family homes at $4,999,000, and TICs at $858K. Single-family homes sold in a median 8 days. Unless otherwise noted, all market figures in this guide are from MLS data.

Telegraph Hill median condo sale price of 1.33 million dollars over the trailing six months, down 17 percent year over year

The two most recent closings tell you how this hill trades when the right property comes up. In the last 30 days, a second-floor two-bedroom condo at 455 Vallejo Street with bay and bridge views closed at $1,505,000 against a $1,195,000 ask, in 9 days. Two days later, a renovated, vacant two-unit building at 35-37 Telegraph Place closed at $1,950,000 against a $1,500,000 ask, in 7 days. Two sales is not a trend, and they are different property types, so I would not quote a 30-day median off them. What they do show is that well-presented, well-priced Telegraph Hill listings are closing well over asking this fall.

The longer read is more mixed. Over the trailing year, 56 properties closed here, and the per-type medians for condos and single-family homes both sit below their levels of a year earlier: condos are down 17% and single-family homes down 15% year over year. That is a statement about which units happened to sell, not a collapse; with five or six closings per type in six months, one penthouse or one view house moves the median. The useful work is reading each property type on its own, which is what the rest of this update does.

Telegraph Hill by the numbers

$1.33M Median condo close, 6 months to Oct 2026
$5.0M Median single-family close, 6 months to Oct 2026
$858K Median TIC close, 6 months to Oct 2026
$2,000 Median single-family price per sq ft (6 months)
$1,311 Median condo price per sq ft (6 months)
8 days Median single-family days on market (6 months)
10 Active listings (Oct 2026)
99 Walk Score Walk Score
Telegraph Hill median sale price by month, April through September 2026

Read the monthly chart with care. It blends every property type, and most months hold two to six closings, so it swings with whatever sold. The monthly median ran $2.85M in April 2026 and $3.25M in May, when three single-family homes closed, then fell to $800K in August, when three small Union Street TICs made up the month. September 2026 came back to a $2.0M median on five closings. The per-type figures in the cards above are the steadier reference.

Condos: view and building decide the number

Six condos closed on Telegraph Hill in the six months ending October 2026, at a $1,327,500 median and $1,311 per square foot, with a median of 36 days on market. The range inside that set is the real story. A 550-square-foot one-bedroom at 495 Greenwich Street with a city view closed at $650,000 after 90 days. At the top, a renovated penthouse in the historic Art Deco building at 1360 Montgomery Street closed at $2,900,000 ($1,886 per square foot) after 279 days, under its $2,995,000 ask. In the same building, a second-floor one-bedroom with water views and parking closed at $1,150,000 in 13 days, above its $1,095,000 ask.

Recent Telegraph Hill condo comparable sales with sale price, asking price, size, and days on market

The 455 Vallejo Street building shows the view premium most cleanly. Two second-floor units sold there this year: unit 205, a renovated one-bedroom of 825 square feet with no listed view, closed at $850,000 in April; unit 204, a two-bedroom of 1,046 square feet with bay and bridge views, closed at $1,505,000 in September, 26% over its ask. At 165 Francisco Street, a three-bedroom of 2,900 square feet with two parking spaces closed at $2,850,000, under its $3,150,000 ask, a reminder that size alone does not carry a premium if the price starts too high. Two condos are active now, at 454 Lombard Street ($849,000) and 44 San Antonio Place ($1,495,000).

Single-family homes: few sales, fast sales

Five single-family homes closed in the six months ending October 2026, at a $4,999,000 median and $2,000 per square foot, with a median of 8 days on market. Four of the five closed at or above asking. The top sale was 37 Calhoun Terrace, a three-bedroom of 2,260 square feet with bay and bridge views, at $6,452,500 in 3 days, or $2,855 per square foot. A renovated four-bedroom at 41 Castle Street closed at $4,999,000 in 4 days against a $4,100,000 ask. A renovated three-bedroom on Hodges Alley, just below the Vallejo Street steps, closed at $4,000,000 in 8 days against a $3,750,000 ask.

The exceptions are informative. 69 Telegraph Place, a four-bedroom of 3,835 square feet with a separate studio, closed at $5,300,000 after 43 days, the longest market time in the set, and 476 Lombard Street, a three-bedroom with a single bath, closed at $3,895,000, just under its ask. Bath count and a large footprint widen the buyer pool less than a view does here. Over the full year, the top Telegraph Hill sale was an $11.3M house on Telegraph Hill Boulevard in December 2025. Right now, one single-family home is active: 305 Filbert Street, a three-bedroom asking $3,599,000.

TICs and multi-unit buildings

TICs are the entry point. Four closed in the six months ending October 2026, at an $858K median and $1,148 per square foot, with a median of 17 days on market. All four sat on the 300 block of Union Street, between $495,000 for a renovated one-bedroom and $1,061,000 for a two-bedroom, two-bath. The TIC median is down 46.9% year over year, but that reflects the small Union Street units that happened to trade this year, not a halving of value. TIC financing and shared-building terms differ from a condo, so price them against other TICs only.

Income buildings make up a large share of the hill. Over the trailing year, duplexes and multifamily buildings each logged six closings, alongside two triplexes and one fourplex. In the last six months, buildings of five or more units closed at a $2.63M median and $558 per square foot. Vacancy is the lever: 280 Green Street, a fully vacant six-unit building, closed at $3,350,000 against a $2,600,000 ask in 7 days, while 1217-1219 Kearny Street, delivered with only one unit vacant, closed at $2,000,000 after 210 days, below its $2,397,000 ask. Duplexes closed at a $1.95M median on three sales, the same figure as the September sale on Telegraph Place.

Block by block, where Telegraph Hill trades

Over the trailing year, the busiest blocks were the 400 blocks of Vallejo and Greenwich Streets, with four closings each at medians of $905K and $672,500, where condos and TICs cluster. The 300 blocks of Union and Green Streets followed with three each, at $916K and $667K. The top of the hill is a different market: two sales on the 100 block of Telegraph Hill Boulevard carried a $9.7M median at $1,852 per square foot, and two on the 300 block of Lombard Street a $3.41M median. On a hill this compact, the block and the stair access matter more than the ZIP code, and so does the sightline to the bay.

Map of Telegraph Hill, San Francisco with nearby 39 Coit Muni stops

What's driving the numbers

Demand rests on location. Telegraph Hill earns a 99 Walk Score, a 91 Transit Score, and a 65 Bike Score. The 400 block of Vallejo Street scores higher still, with a 100 Walk Score and a 98 Transit Score. Twenty-five Muni stops sit within 400 meters of the center of the hill, nearly all on the 39 Coit line, the nearest at Telegraph Hill Boulevard and Filbert Street, about 71 meters away, and the 8 Bayshore stops at Columbus Avenue and Green Street, about 317 meters away (SFMTA). In the census block group at the center of the hill, 36.2% of workers walk to work and 29% take transit, per the 2023 American Community Survey (US Census).

Supply is the other half. Telegraph Hill is one of San Francisco's original Seven Hills, with Coit Tower at its top (Wikipedia), and the housing is old and fixed: the median structure in the same block group dates to 1938, and owner-occupied units are 14.7% of occupied homes (US Census). Of the past year's closings with a recorded year built, 35 of 53 date to 1895 through 1930. With little room to add units, the sales that do happen are driven by condition and vacancy, and above all by view. The hill also ran about 1.3 degrees Fahrenheit warmer than the citywide average in National Weather Service station data.

Inventory is thin. Ten listings are active as of October 2026, at a $2,697,500 median list price, and half of them are income buildings. Over the trailing year, 30.4% of closings landed under $1M and 28.6% above $3M, so the hill serves buyers at both ends of the range, but each end has only a handful of choices at any time.

What to consider before buying on Telegraph Hill

I'll be direct about the tradeoffs, because they are built into the hill rather than fixable one deal at a time.

Stairs, lanes and parking

Many addresses sit on narrow lanes and alleys, like Hodges Alley just below the Vallejo Street steps. That is part of the appeal, and it is also a daily fact: moving furniture or carrying groceries takes planning, and so does parking. In the six-month TIC set, none of the four sales listed parking. Confirm access and parking on any specific property before you fall for the view.

Old buildings carry real work

With most buildings dating to the early 1900s, foundation and seismic work, along with system updates, are part of ownership here. About half the six-month comp set, 12 of 23 sales, was flagged as renovated, and buyers pay for work already done. If you buy as-is, budget for it. Get inspections before you remove contingencies.

Thin data cuts both ways

With five or six sales per property type in six months, a single sale moves the median, as the year-over-year swings show. That makes pricing harder for sellers and for buyers. I'd tell you to price off the closest two or three comps in the same building or on the same block, not off a neighborhood figure.

Tenant-occupied income buildings

A large share of the hill trades as two- to six-unit buildings, and occupied units come with San Francisco's rent and eviction rules. The fully vacant buildings in this year's set, at 280 Green Street and 35-37 Telegraph Place, sold well over asking; partly occupied ones, like 300 Green Street and 1217-1219 Kearny Street, closed below asking. Know the occupancy before you set your price.

How I would approach an offer here

Start with the in-building or same-block comps, then adjust for the levers that actually move price on this hill. A view adds the most: several of this year's quickest sales over asking, including 37 Calhoun Terrace and 455 Vallejo Street #204, had bay and bridge views. Vacancy is next on income buildings. Then condition and parking, then stair access. Financing matters too; an all-cash offer with a short close can beat a higher financed one, and a well-priced view listing that draws bids well over asking, as 455 Vallejo Street #204 did in September, lets the seller push terms. On a listing that has sat for 40 days or more, like several larger condos and buildings this year, there is room to negotiate on both price and terms.

How much does a home cost on Telegraph Hill in 2026?

Over the six months ending October 2026, Telegraph Hill condos closed at a $1,327,500 median and single-family homes at $4,999,000 (MLS). TICs, the entry point, closed at an $858K median, and buildings of five or more units at $2.63M. Prices span a wide range: one-bedroom condos closed from $650,000, while the top single-family sale was $6,452,500 at 37 Calhoun Terrace. Price per square foot ran $1,311 for condos and $2,000 for single-family homes.

Are Telegraph Hill prices going up or down in 2026?

Down on the per-type medians: as of October 2026, the six-month condo median is 17% lower and the single-family median 15% lower than a year earlier (MLS). With five or six sales per type, that mostly reflects which units sold. The newest sales point the other way: both closings in the last 30 days, a condo and a duplex, went 26% to 30% over asking. I would treat the direction as flat to firm for well-priced view properties.

How fast do Telegraph Hill properties sell in 2026?

Fast for the right property: over the six months ending October 2026, single-family homes sold in a median 8 days and duplexes in 7 (MLS). Condos took a median 36 days and TICs 17. Counting every property type over the trailing year, the median was 29 days, compared with 12 days citywide. The spread is driven by a few long-marketed listings, like a penthouse that took 279 days and a Kearny Street building that took 210.

What property types sell on Telegraph Hill?

Over the 12 months ending October 2026, condos made up 30.4% of Telegraph Hill closings, TICs 23.2%, and single-family homes 12.5% (MLS). Duplexes and multifamily buildings each logged six sales, and triplexes, a fourplex, a co-op, a mixed-use building and a lot account for the rest. That mix is why a single blended median tells you little here. Price each property type against its own comps, and against the same building or block where you can.

Is Telegraph Hill walkable without a car?

Yes: as of October 2026, Telegraph Hill carries a 99 Walk Score and a 91 Transit Score, with the 39 Coit Muni line stopping about 71 meters from the center of the hill (SFMTA). In the central census block group, 36.2% of workers walk to work and 29% take transit, per the 2023 American Community Survey (US Census). The catch is the grade, and parking can be scarce: none of the four recent TIC sales listed parking.

Are there houses for sale on Telegraph Hill right now?

As of October 2026, one single-family home is active on Telegraph Hill: 305 Filbert Street, a three-bedroom, three-bath of 1,968 square feet asking $3,599,000 (MLS). Ten listings are active in total, including two condos and a TIC, plus several income buildings from a triplex asking $1,249,000 to a multifamily building asking $8,000,000. With five single-family sales in the last six months, house inventory here turns over slowly, so it pays to watch closely.

Talk to me about Telegraph Hill

If you would like the comp set for your specific building, block, or property type, I can pull the same-building and same-block data we used here and walk you through what a realistic offer or list price looks like. I'm Chris Chour, founder and broker of EON Real Estate, and most of my work is single-family and condo transactions in San Francisco's luxury neighborhoods. When you are ready, reach out through our contact page. For related reading, see our San Francisco home styles guide, our Potrero Hill buyer's guide, and our breakdown of what seller closing costs cover in San Francisco.

Last updated: October 16, 2026

EON Real Estate. DRE #02136696. Equal Housing Opportunity.

All material is intended for informational purposes only and does not constitute legal, tax, or investment advice. Verify all data with your own counsel before acting.

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Chris Chour, Founder & Top Producing Agent, EON Real Estate

Written by Chris Chour, Founder & Top Producing Agent

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