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Sarah Mitchell

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Compass Real Estate · ZIP 96003

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

ZIP 96003(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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96003 ZIP Code Housing Market

Balanced market

$400,000median sale price

What is the 96003 housing market like right now?

The median home sale price in ZIP code 96003 is $400,000. Homes sell in an average of 26 days with 137 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 96003 ZIP code a buyer's or seller's market?

Balanced market26 avg. days on market

ZIP code 96003 is currently a balanced market and homes selling in about 26 days. How we determine this →

What are the latest 96003 housing market stats?

Current housing market statistics for ZIP code 96003
MetricValue
Median sale price$400,000
Median list price$424,900
Average days on market26 days
Active inventory137 listings
Sale-to-list price ratio98.3%
Market conditionBalanced market

Source: Redfin · Updated monthly

The 96003 zip code, located in Shasta Lake, CA, is currently classified as a balanced market. The median sale price stands at $400,000. Homes in this area spend an average of 26 days on the market before going under contract. There are currently 137 active listings in the area, which influences how much negotiating power buyers and sellers have.

ZIP 96003 sits in the Shasta Lake, CA area, roughly 3.3 miles from downtown Shasta Lake. Because home prices are set street by street, this ZIP can move differently from Shasta Lake's citywide averages. The figures below reflect 96003 specifically — drawn from Redfin transactions, U.S. Census data for its 44,923 residents, and Zillow value estimates.

Homes sold

113

Last 12 weeks

Days on market

26

Average pace

Active listings

137

Sale-to-list

98.3%

Below asking

What is driving the 96003 housing market?

The 96003 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 98.3% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 96003 have remained relatively stable compared to last year. 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 96003 stands at $407,417, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $1,764 per month. This gives a price-to-rent ratio of approximately 19.2, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.

Who lives in 96003?

Population

44,923

Median income

$72,445/yr

Median age

39.6 years

Owner-occupied

58.5%

College grads

28.5%

Avg commute

18.6 min

What is it like living in 96003?

Zip code 96003 is home to approximately 44,923 residents. The median household income is $72,445 per year, which shapes the types of homes and amenities available in the area. With a median age of 39.6 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 58.5% of housing units are owner-occupied, showing a healthy mix of homeowners and renters that contributes to a diverse community.

About 28.5% 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 18.6 minutes, which is shorter than the national average and suggests good proximity to employment centers. 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 96003.

Which public schools serve ZIP 96003?

11 schools tracked · 4,651 students

The largest public schools serving ZIP code 96003 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.

Boulder Creek Elementary

Grades K-8 · 828 students

Public

Turtle Bay

Grades K-8 · 764 students

Public

Redding School of the Arts

Grades K-12 · 629 students

Charter

Shasta View Academy

Grades K-12 · 491 students

Charter

Columbia Elementary

Grades K-4 · 463 students

Public

Buckeye School of the Arts

Grades K-8 · 451 students

Public

Mountain View Middle

Grades 5-8 · 315 students

Public

Phoenix Charter Academy College View

Grades K-12 · 290 students

Charter

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 96003

What is the median home price in 96003?

The current median sale price in 96003 is $400,000, based on recent Redfin transaction data. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 96003 a buyer's or seller's market?

The 96003 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 96003?

Zip code 96003 has a population of approximately 44,923 residents. The median household income is $72,445 per year. About 58.5% 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 96003?

Properties Incorporated provides comprehensive data for 96003 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 96003 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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