94805, Richmond, CA

The 94805 zip code of Richmond, CA has a median home value of $269,000 and a median home equity value of $138,000. The average home in the 94805 zip code was built in 1978 and is approximately 2,500 square feet. The average price per square foot for homes in the 94805 zip code is $137.

There are a total of 1,857 homes in the 94805 zip code. Of these homes, 748 are occupied and 1,569 are vacant. The vacancy rate for the 94805 zip code is 5%.

The average price per square foot for homes in the 94805 zip code is $137. This means that on average each home in the 94805 zip code is worth more than its original purchase price. This high level of home value appreciation can be attributed to several factors including:

-The low unemployment rate in Richmond (3%)

-The low number of new housing developments being constructed in Richmond (0%)

- Richmond's strong economy (ranked #6 out of 50 cities)

- Richmond's proximity to major metropolitan areas such as Los Angeles and San Francisco