94606 ZIP Code Housing Market

Balanced market+4.4% YoY

$712,500median sale price

Quick answer: The median home sale price in ZIP code 94606 is $712,500, up 4.4% year-over-year. Homes sell in an average of 36 days with 46 active listings. The market is currently a balanced market.

94606 market data

Current housing market statistics for ZIP code 94606
MetricValue
Median sale price$712,500
Median list price$622,500
Year-over-year price change+4.4%
Average days on market36 days
Active inventory46 listings
Sale-to-list price ratio100.0%
Market conditionBalanced market

Source: Redfin · Updated weekly

The 94606 zip code, located in Ukiah, CA, is currently classified as a balanced market. The median sale price stands at $712,500, representing a +4.4% change year over year. Homes in this area spend an average of 36 days on the market before going under contract. There are currently 46 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 94606 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

20

Last 12 weeks

Days on market

36

Average pace

Active listings

46

Sale-to-list

100.0%

Below asking

Market trends

Market analysis for 94606

The 94606 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 100.0% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 94606 have increased +4.4% 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 94606 stands at $606,425, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,398 per month. This gives a price-to-rent ratio of approximately 21.1, 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

39,966

Median income

$72,470/yr

Median age

37.9 years

Owner-occupied

2018.0%

College grads

3803.0%

Avg commute

30.91 min

Living in 94606

Zip code 94606 is home to approximately 39,966 residents. The median household income is $72,470 per year, which shapes the types of homes and amenities available in the area. With a median age of 37.9 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 2018.0% 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 3803.0% 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 30.91 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 94606.

Frequently asked questions about 94606

What is the median home price in 94606?

The current median sale price in 94606 is $712,500, based on recent Redfin transaction data. Prices have changed +4.4% 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 94606 a buyer's or seller's market?

The 94606 zip code is currently classified as a balanced 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 94606?

Zip code 94606 has a population of approximately 39,966 residents. The median household income is $72,470 per year. About 2018.0% 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 94606?

Properties Incorporated provides comprehensive data for 94606 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 94606 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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