The story of this market
The typical home in ZIP 94506 sells for about $2,299,900, or $736 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $3,501 a month.
ZIP 94506 — Danville
The 94506 housing market remains a high-value, low-inventory environment characterized by strong demand and limited supply. Prices have shown modest year-over-year growth, supported by the area's reputation for top-tier schools and safety. Market activity is stable, with buyers remaining active despite high interest rates and premium price points.
This ZIP is ideal for affluent families and professionals seeking high-quality schools, safety, and a quiet, upscale suburban lifestyle within commuting distance of major tech hubs.
Median prices moved up 2.1% year over year.
Homes spend a median of 35 days on market with 2.5 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 4.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 94506, Contra Costa County, CA
Crime rates in the 94506 area are significantly lower than both the California and national averages, reflecting a very safe, suburban environment.
The area is served by highly-rated public schools within the San Ramon Valley Unified School District, which is consistently recognized for academic excellence.
The region faces moderate wildfire risk common to the East Bay hills, requiring residents to maintain defensible space and adhere to local fire-safety ordinances.
Economic momentum is driven by proximity to major Silicon Valley and East Bay employment hubs, with limited new residential development due to geographic constraints.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Commuters primarily rely on private vehicles to access employment centers in San Ramon, Walnut Creek, and the broader San Francisco Bay Area via I-680.
Residents enjoy access to extensive regional parks, hiking trails in the Las Trampas Wilderness, and proximity to upscale shopping and dining in downtown Danville.
The rental market is characterized by high demand for luxury single-family homes, with limited inventory and premium pricing reflecting the area's exclusivity.
The local economy is anchored by professional services, technology, and healthcare, with many residents commuting to major corporate headquarters in the San Ramon Valley and Silicon Valley.
Development is strictly managed by town planning guidelines, focusing on maintaining the low-density, high-value character of the community.
Parcels are subject to San Ramon Valley Unified School District taxes and various local utility and flood control district assessments.
Property insurance premiums are rising due to regional wildfire risk, with many carriers tightening underwriting standards for homes in the wildland-urban interface.
Data retrieved from data.census.gov ZCTA 94506 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Extensive hiking trails and scenic ridge views.
Upscale retail and dining destination serving the local community.
Private golf course and social club facility.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.