94303 ZIP Code Housing Market
$2.18Mmedian sale price
Quick answer: The median home sale price in ZIP code 94303 is $2.18M, up 29.2% year-over-year. Homes sell in an average of 13 days with 48 active listings. The market is currently a seller's market.
94303 market data
| Metric | Value |
|---|---|
| Median sale price | $2.18M |
| Median list price | $1.40M |
| Year-over-year price change | +29.2% |
| Average days on market | 13 days |
| Active inventory | 48 listings |
| Sale-to-list price ratio | 104.5% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The 94303 zip code, located in Ukiah, CA, is currently classified as a seller's market. The median sale price stands at $2.18M, representing a +29.2% change year over year. Homes in this area spend an average of 13 days on the market before going under contract. There are currently 48 active listings in the area, which influences how much negotiating power buyers and sellers have.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 94303 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
42
Last 12 weeks
Days on market
13
Fast-moving
Active listings
48
Sale-to-list
104.5%
Above asking
Market trends
Market analysis for 94303
The 94303 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a seller's market, homes are selling at approximately 104.5% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 94303 have increased +29.2% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 94303 stands at $2.13M, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $4,926 per month. This gives a price-to-rent ratio of approximately 36.1, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Community profile
Population
46,879
Median income
$151,609/yr
Median age
39.5 years
Owner-occupied
5778.0%
College grads
4923.0%
Avg commute
29.71 min
Living in 94303
Zip code 94303 is home to approximately 46,879 residents. The median household income is $151,609 per year, which shapes the types of homes and amenities available in the area. With a median age of 39.5 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 5778.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 4923.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 29.71 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 94303.
Frequently asked questions about 94303
What is the median home price in 94303?
The current median sale price in 94303 is $2.18M, based on recent Redfin transaction data. Prices have changed +29.2% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 94303 a buyer's or seller's market?
The 94303 zip code is currently classified as a seller's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 94303?
Zip code 94303 has a population of approximately 46,879 residents. The median household income is $151,609 per year. About 5778.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 94303?
Properties Incorporated provides comprehensive data for 94303 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 94303 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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