94978 ZIP Code Housing Market

Leaning buyer's+27.8% YoY

$965,000median sale price

Quick answer: The median home sale price in ZIP code 94978 is $965,000, up 27.8% year-over-year. Homes sell in an average of 99 days. The market is currently a leaning buyer's.

94978 market data

Current housing market statistics for ZIP code 94978
MetricValue
Median sale price$965,000
Median list price$950,000
Year-over-year price change+27.8%
Average days on market99 days
Sale-to-list price ratio96.6%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The 94978 zip code, located in Ukiah, CA, is currently classified as a leaning buyer's. The median sale price stands at $965,000, representing a +27.8% change year over year. Homes in this area spend an average of 99 days on the market before going under contract.

Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 94978 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

1

Last 12 weeks

Days on market

99

Average pace

Active listings

Sale-to-list

96.6%

Below asking

Market trends

Market analysis for 94978

The 94978 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 96.6% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 94978 have increased +27.8% 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.

Frequently asked questions about 94978

What is the median home price in 94978?

The current median sale price in 94978 is $965,000, based on recent Redfin transaction data. Prices have changed +27.8% 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 94978 a buyer's or seller's market?

The 94978 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.

How do I research neighborhoods in 94978?

Properties Incorporated provides comprehensive data for 94978 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 94978 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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