96040 ZIP Code Housing Market
$1.87Mmedian sale price
Quick answer: The median home sale price in ZIP code 96040 is $1.87M. Homes sell in an average of 222 days with 1 active listings. The market is currently a leaning buyer's.
96040 market data
| Metric | Value |
|---|---|
| Median sale price | $1.87M |
| Average days on market | 222 days |
| Active inventory | 1 listings |
| Sale-to-list price ratio | 99.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The 96040 zip code, located in Ukiah, CA, is currently classified as a leaning buyer's. The median sale price stands at $1.87M. Homes in this area spend an average of 222 days on the market before going under contract. There are currently 1 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 96040 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
2
Last 12 weeks
Days on market
222
Average pace
Active listings
1
Sale-to-list
99.3%
Below asking
Market trends
Market analysis for 96040
The 96040 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 99.3% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 96040 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.
Community profile
Population
57
Median age
78.3 years
Owner-occupied
10000.0%
Living in 96040
Zip code 96040 is home to approximately 57 residents. With a median age of 78.3 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 10000.0% 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.
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 96040.
Frequently asked questions about 96040
What is the median home price in 96040?
The current median sale price in 96040 is $1.87M, 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 96040 a buyer's or seller's market?
The 96040 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.
What is the population and demographics of 96040?
Zip code 96040 has a population of approximately 57 residents. About 10000.0% 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 96040?
Properties Incorporated provides comprehensive data for 96040 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 96040 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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