The story of this market
The typical home in ZIP 94587 sells for about $1,198,699, or $650 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 24 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $3,200 a month.
ZIP 94587 — Union City
The 94587 housing market remains resilient, supported by strong demand for transit-accessible suburban homes. While inventory remains tight, price growth has moderated compared to previous years, reflecting broader regional economic trends. Figures for specific metrics like months of supply and price cut percentages are based on current portal data for the ZIP code.
This ZIP is ideal for commuters seeking transit access to major Bay Area employment hubs and families looking for suburban amenities. It also attracts investors interested in the stable rental demand generated by its proximity to regional transit.
Median prices moved up 2.1% year over year.
Homes spend a median of 24 days on market with 2.8 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 99.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.3% · poverty 6.8% — 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 7.0%/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 7.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 94587, Alameda County CA
Union City generally experiences crime rates consistent with suburban Bay Area standards, with property crime being the primary concern. Local law enforcement maintains active community outreach to address regional trends.
Schools in the 94587 area are primarily served by the New Haven Unified School District, which provides a diverse range of educational programs and maintains moderate performance ratings.
The area faces standard California risks, including seismic activity and potential for localized flooding in low-lying zones near the bay. Property insurance availability remains stable but premiums are influenced by regional wildfire and seismic risk assessments.
Union City benefits from its strategic location in the East Bay, with ongoing transit-oriented development near the BART station. Major employment hubs in Silicon Valley and the broader San Francisco-Oakland-Fremont metro area drive local economic momentum.
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%). County (Alameda County, California) — Ad Valorem Property Tax: The tax is calculated by applying a composite tax rate to the assessed value of the property.
Residents benefit from proximity to the Union City BART station, providing direct transit access to San Francisco and Silicon Valley. Major highway corridors including I-880 and SR-84 facilitate regional vehicle commuting.
The area features several community parks, including the expansive Quarry Lakes Regional Recreation Area nearby, which offers trails, fishing, and boating. Shopping and dining are concentrated along the Alvarado-Niles corridor.
The rental market is characterized by high demand due to the area's transit connectivity, with a mix of apartment complexes and single-family home rentals. Vacancy rates remain low, supporting steady rent growth.
The local economy is anchored by a mix of retail, light industrial, and service sectors, with many residents commuting to major tech and professional service employers in the surrounding Silicon Valley and East Bay regions.
The area is well-served by the Union City BART station and AC Transit bus lines, with easy access to I-880 and the Dumbarton Bridge for cross-bay travel.
City planning focuses on high-density, transit-oriented residential and commercial development near the BART station to support regional housing goals.
The Alameda County Assessor's Office manages property valuations, adhering to Proposition 13 guidelines for assessment caps.
Parcels are subject to various special districts, including the New Haven Unified School District and regional flood control and utility districts.
Property insurance markets are stable, though premiums are sensitive to regional seismic risk and fire hazard disclosures.
California continues to see net domestic out-migration, though the Bay Area remains a primary destination for international migration and high-skilled labor.
California is primarily a non-judicial foreclosure state, providing a structured process for lenders and specific protections for homeowners.
California law requires comprehensive seller disclosures regarding the physical condition of the property and any known hazards.
Data retrieved from Census Reporter and data.census.gov for ZCTA 94587.
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.
- California's Great America4.414.2 mi
- Dave & Buster's Milpitas - San Jose4.114.6 mi
- Children's Fairyland4.518.9 mi
- K1 Speed Santa Clara415.8 mi
- Sky Zone Trampoline Park4.113.3 mi
- Levi's Stadium4.413.9 mi
- Filoli Historic House & Garden4.717 mi
- SAP Center4.619.8 mi
- Topgolf4.212.6 mi
- Winchester Mystery House4.519.8 mi
- Oakland Zoo4.612 mi
- Alviso Marina County Park4.511.9 mi
- Computer History Museum4.712.6 mi
- Mountain View Cinema 164.612.7 mi
- Regal Hacienda Crossings4.211.4 mi
- Filoli Historic House & Garden4.717 mi
- Winchester Mystery House4.519.8 mi
- Computer History Museum4.712.6 mi
- Meadowlark Dairy4.810.3 mi
- Chabot Space & Science Center4.517.2 mi
- Oakland Zoo4.612 mi
- Alviso Marina County Park4.511.9 mi
- Lake Chabot Regional Park4.78.9 mi
- Shoreline Park4.711.5 mi
- Coyote Hills Regional Park4.73.8 mi
- Topgolf4.212.6 mi
- Alameda County Fairgrounds4.39.2 mi
- Monarch Bay Golf Club4.110.5 mi
- Baylands Golf Links4.110.5 mi
- Callippe Preserve Golf Course4.510.3 mi
- Stanford Shopping Center4.512.6 mi
- Stoneridge Shopping Center4.39.4 mi
- San Francisco International Airport4.318.6 mi
- San Jose Mineta International Airport4.417.2 mi
- Oakland San Francisco Bay Airport4.212.9 mi
- Elevation LVK4.314.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large regional park with lakes, trails, and fishing.
Major transit hub connecting to the wider Bay Area.
Large retail and entertainment complex serving the local area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.