94805 Housing Market
Median List Price
$695,000
Updated August 2026
Today, the 94805 ZIP code in Richmond, CA has 15 homes for sale at a median list price of $695,000, typically selling in about 23 days.
94805 Housing Market Overview
The median list price in the 94805 ZIP code is $695,000. That runs roughly 22.1% higher than Richmond as a whole. Current inventory stands at 15 active listings.
Expect a median around $571,500 for two bedroom homes and $725,000 at the three bedroom end. February to July saw the median price go from $800,000 to $607,000, down about 24.1%.
94805 Area Market Pulse
Topfind Market Read
Sellers hold the edge right now. There is only 1.9 months of supply, and the typical home sells in about 23 days. Sellers can price with confidence, while buyers should arrive pre-approved and ready to decide quickly.
Median Home Price
$695K
↑ 8% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
1.9 months of supply
Tight Supply15 active listings against the current sales pace works out to about 1.9 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~23 days.
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete. Homes are moving 47% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 94805 Area
Homeownership is near the state average, with a balanced mix of owners and renters.
53%
Homeowners
47%
Renters
Homeownership is 2.5 points lower than the California average (55.5%)
40,466 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $153K in value on average.
Price Reductions
2 listings have reduced their price
13% of active listings
Average reduction: 3.1% (~$21K)
Browse 94805 Listings
Frequently Asked Questions about the 94805 Housing Market
What is the median home price in the 94805 ZIP code?
The median list price in the 94805 ZIP code is $695,000 as of August 2026, based on 15 active listings.
Is the 94805 ZIP code a buyer's market or a seller's market?
The 94805 ZIP code currently reads as a seller's market. Active inventory works out to about 1.9 months of supply at the recent sales pace.
How fast do homes sell in the 94805 ZIP code?
The average home currently for sale in the 94805 ZIP code has been on the market for 23 days.
Are home prices in the 94805 ZIP code going up or down?
The median sale price in the 94805 ZIP code is up about 8.2% compared with a year ago.
How many homes are for sale in the 94805 ZIP code?
There are 15 homes for sale in the 94805 ZIP code right now, including 2 listed within the last week.