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Sarah Mitchell

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Compass Real Estate · ZIP 94551

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

ZIP 94551(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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94551 ZIP Code Housing Market

Seller's market-4.3% YoY

$1.01Mmedian sale price

What is the 94551 housing market like right now?

The median home sale price in ZIP code 94551 is $1.01M, down 4.3% year-over-year. Homes sell in an average of 13 days with 79 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is the 94551 ZIP code a buyer's or seller's market?

Seller's market13 avg. days on market

ZIP code 94551 is currently a seller's market and homes selling in about 13 days. How we determine this →

What are the latest 94551 housing market stats?

Current housing market statistics for ZIP code 94551
MetricValue
Median sale price$1.01M
Median list price$999,000
Year-over-year price change-4.3%
Average days on market13 days
Active inventory79 listings
Sale-to-list price ratio100.6%
Market conditionSeller's market

Source: Redfin · Updated monthly

The 94551 zip code, located in Livermore, CA, is currently classified as a seller's market. The median sale price stands at $1.01M, representing a -4.3% change year over year. Homes in this area spend an average of 13 days on the market before going under contract. There are currently 79 active listings in the area, which influences how much negotiating power buyers and sellers have.

ZIP 94551 sits in the Livermore, CA area, roughly 4.4 miles from downtown Livermore. Because home prices are set street by street, this ZIP can move differently from Livermore's citywide averages. The figures below reflect 94551 specifically — drawn from Redfin transactions, U.S. Census data for its 37,885 residents, and Zillow value estimates.

Homes sold

110

Last 12 weeks

Days on market

13

Fast-moving

Active listings

79

Sale-to-list

100.6%

Above asking

Market trends

What is driving the 94551 housing market?

The 94551 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 100.6% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 94551 have declined -4.3% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. 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 94551 stands at $1.00M, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $3,095 per month. This gives a price-to-rent ratio of approximately 27.0, 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.

Who lives in 94551?

Population

37,885

Median income

$145,392/yr

Median age

39.7 years

Owner-occupied

70.6%

College grads

48.1%

Avg commute

34.57 min

What is it like living in 94551?

Zip code 94551 is home to approximately 37,885 residents. The median household income is $145,392 per year, which shapes the types of homes and amenities available in the area. With a median age of 39.7 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 70.6% 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 48.1% 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 34.57 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 94551.

Which public schools serve ZIP 94551?

8 schools tracked · 4,032 students

The largest public schools serving ZIP code 94551 by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Junction K-8

Grades K-8 · 803 students

Public

Altamont Creek Elementary

Grades K-5 · 639 students

Public

Andrew N. Christensen Middle

Grades 6-8 · 620 students

Public

Rancho Las Positas Elementary

Grades K-5 · 574 students

Public

Leo R. Croce Elementary

Grades K-5 · 496 students

Public

Lawrence Elementary

Grades K-5 · 477 students

Public

Marylin Avenue Elementary

Grades K-5 · 423 students

Public

Tri-Valley ROP

Grades 9-12

Vocational

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Frequently asked questions about 94551

What is the median home price in 94551?

The current median sale price in 94551 is $1.01M, based on recent Redfin transaction data. Prices have changed -4.3% 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 94551 a buyer's or seller's market?

The 94551 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 of zip code 94551?

Zip code 94551 has a population of approximately 37,885 residents. The median household income is $145,392 per year. About 70.6% 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 94551?

Properties Incorporated provides comprehensive data for 94551 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 94551 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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