94551 Zip Code's January First-Time Homebuyer Report

The population of the 94551 zip code is very affluent compared to others in California with a median income of $89,260 per household. It's also considered an expensive zip code in terms of affordability with a cost of living adjustment score of 140.6. Homes in the 94551 zip code are relatively old with a median age of 29 years. Heading the list of top schools in the zip code is Sunset Elementary School.

Price Range

The 94551 zip code has some of the more expensive homes in the state with a median home value of $325,000 and a current average list price of $651,687. The 94551 zip code market pulled back with a 19.0% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 45.0 monthly average with 34 homes sold.

Out of all the listings in the 94551 zip code, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$575K   $475K   $785K  

Typical Dwelling

The typical dwelling in the 94551 zip code is a three-bedroom detached home worth about $636,793. To purchase a similar home, a buyer with good credit and a $127,359 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,745 monthly payment. The property tax rate is $7.10 per $1,000 of taxable assessed value.

Get started right now by checking out 94551 homes for sale or reviewing 94551 real estate trends.

Data reported through 1/12/2017


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Keller Williams Benchmark Properties
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