94806 ZIP Code Housing Market

Balanced market-12.8% YoY

$560,000median sale price

Quick answer: The median home sale price in ZIP code 94806 is $560,000, down 12.8% year-over-year. Homes sell in an average of 36 days with 50 active listings. The market is currently a balanced market.

94806 market data

Current housing market statistics for ZIP code 94806
MetricValue
Median sale price$560,000
Median list price$577,000
Year-over-year price change-12.8%
Average days on market36 days
Active inventory50 listings
Sale-to-list price ratio99.8%
Market conditionBalanced market

Source: Redfin · Updated weekly

The 94806 zip code, located in Ukiah, CA, is currently classified as a balanced market. The median sale price stands at $560,000, representing a -12.8% change year over year. Homes in this area spend an average of 36 days on the market before going under contract. There are currently 50 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 94806 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

77

Last 12 weeks

Days on market

36

Average pace

Active listings

50

Sale-to-list

99.8%

Below asking

Market trends

Market analysis for 94806

The 94806 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 99.8% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 94806 have declined -12.8% 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 94806 stands at $582,726, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,328 per month. This gives a price-to-rent ratio of approximately 20.9, 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

62,546

Median income

$86,034/yr

Median age

36.7 years

Owner-occupied

4991.0%

College grads

2447.0%

Avg commute

42.32 min

Living in 94806

Zip code 94806 is home to approximately 62,546 residents. The median household income is $86,034 per year, which shapes the types of homes and amenities available in the area. With a median age of 36.7 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 4991.0% 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 2447.0% 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 42.32 minutes, which is above the national average and may reflect a suburban or exurban setting where residents trade commute time for more affordable housing or larger lots. 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 94806.

Frequently asked questions about 94806

What is the median home price in 94806?

The current median sale price in 94806 is $560,000, based on recent Redfin transaction data. Prices have changed -12.8% 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 94806 a buyer's or seller's market?

The 94806 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 94806?

Zip code 94806 has a population of approximately 62,546 residents. The median household income is $86,034 per year. About 4991.0% 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 94806?

Properties Incorporated provides comprehensive data for 94806 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 94806 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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