95742, Rancho Cordova, CA

The Rancho Cordova zip code of 95742 has a population of about 116,000 people and an average home value of $248,000. The median home value in the Rancho Cordova zip code is $236,500 which is lower than the California statewide median home value of $478,500. The Rancho Cordova zip code also has a lower than average percentage of homes that are valued at over $1 million (5%).

The Rancho Cordova area has seen a moderate increase in home values over the past few years. Between January 2014 and January 2017, the median home value increased by 5%. This growth is likely due to an influx of new residents and businesses into the area as well as strong economic conditions. In addition, there are limited available properties for sale in the Rancho Cordova area which may also contribute to higher prices.

Despite these positive trends, there are some areas where prices have decreased over the past year or two. For example, prices have decreased in areas near public transportation such as Sacramento International Airport and near major highways such as I-80 and I-5. Additionally, prices have decreased in areas with lower incomes such as southeast Rancho Cordova and parts of north Sacramento County.