94538, Fremont, CA

The Fremont, CA 94538 zip code has a population of around 210,000 people and is located in the eastern part of the San Francisco Bay Area. The median home value in this zip code is $1,085,000 which is significantly higher than the national median home value of $181,500. This high home value can be attributed to a number of factors including the strong economy and low unemployment rate in Fremont.

Another contributing factor to the high home values in this zip code is the availability of quality housing stock. There are a number of well-maintained homes available for sale in Fremont, many of which were built between 1990 and 2000. Additionally, there are a limited number of new homes being constructed in Fremont which contributes to the high demand for property in this area.

Despite these positive factors, there are some challenges facing homeowners in the 94538 zip code. One issue that has been reported by residents is that home prices have increased faster than incomes over recent years. This trend may be changing as incomes continue to grow but it will likely take some time for prices to catch up. Additionally, there is a shortage of affordable housing options available within walking distance from most areas downtown and on major streets such as El Camino Real and Stevenson Boulevard. As a result, many families are forced to live further away from their jobs or commute long distances each day.