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Sarah Mitchell
Compass Real Estate · ZIP 94931
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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94931 ZIP Code Housing Market
$700,000median sale price
What is the 94931 housing market like right now?
The median home sale price in ZIP code 94931 is $700,000, up 6.8% year-over-year. Homes sell in an average of 34 days with 20 active listings. The market is currently a balanced 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 94931 ZIP code a buyer's or seller's market?
ZIP code 94931 is currently a balanced market and homes selling in about 34 days. How we determine this →
What are the latest 94931 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $700,000 |
| Median list price | $695,000 |
| Year-over-year price change | +6.8% |
| Average days on market | 34 days |
| Active inventory | 20 listings |
| Sale-to-list price ratio | 101.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The 94931 zip code, located in Cotati, CA, is currently classified as a balanced market. The median sale price stands at $700,000, representing a +6.8% change year over year. Homes in this area spend an average of 34 days on the market before going under contract. There are currently 20 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 94931 sits in the Cotati, CA area, roughly 0.4 miles from downtown Cotati. Because home prices are set street by street, this ZIP can move differently from Cotati's citywide averages. The figures below reflect 94931 specifically — drawn from Redfin transactions, U.S. Census data for its 9,487 residents, and Zillow value estimates.
Homes sold
22
Last 12 weeks
Days on market
34
Average pace
Active listings
20
Sale-to-list
101.4%
Above asking
Market trends
What is driving the 94931 housing market?
The 94931 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 101.4% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 94931 have increased +6.8% 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 94931 stands at $727,213, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 94931?
Population
9,487
Median income
$101,994/yr
Median age
39.2 years
Owner-occupied
59.2%
College grads
36.1%
Avg commute
30.54 min
What is it like living in 94931?
Zip code 94931 is home to approximately 9,487 residents. The median household income is $101,994 per year, which shapes the types of homes and amenities available in the area. With a median age of 39.2 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 59.2% of housing units are owner-occupied, showing a healthy mix of homeowners and renters that contributes to a diverse community.
About 36.1% 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 30.54 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 94931.
Which public schools serve ZIP 94931?
1 schools tracked · 447 students
The largest public schools serving ZIP code 94931 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.
Thomas Page Academy
Grades K-8 · 447 students
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 94931
What is the median home price in 94931?
The current median sale price in 94931 is $700,000, based on recent Redfin transaction data. Prices have changed +6.8% 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 94931 a buyer's or seller's market?
The 94931 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 of zip code 94931?
Zip code 94931 has a population of approximately 9,487 residents. The median household income is $101,994 per year. About 59.2% 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 94931?
Properties Incorporated provides comprehensive data for 94931 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 94931 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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