The story of this market
The typical home in ZIP 94804 sells for about $529,900, or $445 per square foot.
Prices are down 5.67% from a year ago, which gives buyers more room to negotiate. Homes take about 32 days to sell. HUD's fair market rent for a two-bedroom is $1,826 a month.
ZIP 94804 — Richmond
The 94804 housing market is currently experiencing a cooling trend with year-over-year price declines and longer days on market. While inventory remains active, buyer sentiment is influenced by the recent price adjustments and broader market shifts in the East Bay.
This ZIP is suitable for a mix of commuters and family buyers seeking access to the Bay Area housing market, as well as investors interested in the ongoing residential development pipeline.
Median prices moved down 5.7% year over year.
Homes spend a median of 32 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.7% · poverty 15.8% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 94804, Contra Costa County, CA
The area is seeing residential development activity including mixed-use projects like Campus Bay and residential builds such as Cherry Blossom Row.
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%).
The ZIP provides access to regional transit corridors in the East Bay, facilitating commutes toward major employment hubs in the San Francisco Bay Area.
The area features proximity to the Richmond waterfront, local parks, and shopping districts within the city of Richmond.
The rental market shows significant year-over-year growth in activity, with median rents around $3,000 per month.
The local economy is supported by a mix of residential development, retail, and proximity to broader East Bay industrial and service sectors.
The area is served by local road networks and regional transit infrastructure connecting to the wider Bay Area.
Development activity is focused on medium-density residential and mixed-use projects, particularly along major corridors.
Data sourced from US Census Bureau and ACS estimates.
Provides recreational access and scenic views along the San Francisco Bay.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.